21st Jun 2018 09:58
FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Name of exempt principal trader: | J.P. Morgan Securities Plc |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Sky PLC |
(c) Name of the party to the offer with which exempt principal trader is connected: | Twenty-First Century Fox, Inc |
(d) Date dealing undertaken: | 20 June 2018 |
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A" | N/A
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2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
Class of relevant security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received (GBP) | Lowest price per unit paid/received (GBP) |
Ordinary Shares | Purchases
Sales | 5,793,861
5,398,890 | 13.8700
13.8675 | 13.3725
13.3752 |
(b) Cash-settled derivative transactions
Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit (GBP) |
Ordinary Shares | Equity Swaps | Long
Short | 2,857 355 2,880 36 1,015 2,454 2,943 2,381 4,263 94,592 2,903 9,846 46,556 150,000 50,000 143,581 40,000 12,763 64 409 67,101 99 3,456 11,361 565 354 177 6,117 782 36,800
3,588 401 48 1,519 15,739 3,510 956 1,562 713 10,907 333 1,388 3,174 213 71,960 9,312 53,335 2,168 7,391 7,490 17,896 46,160 4,665 2,102 2,517 400,000 850 27,752 2 125,823 97,248 4,302 7,506 28,333 50,474 1,006 8,723 13,214 1,086 7,188 20,295 782 2,700 7,909 14,581 3,895 478 413 469 396 202 | 13.3733 13.3746 13.3771 13.3792 13.3799 13.3905 13.4231 13.4343 13.5232 13.6106 13.6199 13.6357 13.6412 13.7487 13.7797 13.7813 13.7949 13.7994 13.7997 13.7998 13.8000 13.8086 13.8090 13.8092 13.8103 13.8106 13.8111 13.8120 13.8134 13.8384
13.4369 13.4581 13.4589 13.4639 13.4856 13.4865 13.4960 13.5457 13.5477 13.5499 13.5834 13.5997 13.6023 13.6533 13.6575 13.7200 13.7253 13.7385 13.7392 13.7671 13.7871 13.7886 13.7949 13.7999 13.8001 13.8003 13.8004 13.8006 13.8010 13.8095 13.8139 13.8145 13.8161 13.8163 13.8167 13.8210 13.8212 13.8214 13.8215 13.8217 13.8253 13.8264 13.8267 13.8279 13.8297 13.8299 13.8322 13.8323 13.8335 13.8364 13.8389 |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security | Product description e.g. call option | Writing, purchasing, selling, varying etc. | Number of securities to which option relates | Exercise price per unit (GBP) | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit (GBP) |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit (GBP) |
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(d) Other dealings (including subscribing for new securities)
Class of relevant security | Nature of dealing e.g. subscription, conversion | Details | Price per unit (if applicable) (GBP) |
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3. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" |
None
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(b) Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none" |
None
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| Date of disclosure: | 21 June 2018 |
| Contact name: | Alwyn Basch |
| Telephone number: | 020 7742 7407 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Related Shares:
Sky