11th Jun 2018 11:28
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: | (GS) GOLDMAN SACHS INTERNATIONAL |
(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: | 08 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 the offer? If it is a cash offer or possible cash offer, state "N/A" | N/A |
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 | Lowest price per unit paid/received |
50p ordinary | Purchases | 5,808,426 | 13.5450 GBP | 13.2657 GBP |
50p ordinary | Sales | 134,631 | 13.5500 GBP | 13.3978 GBP |
(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 |
50p ordinary | CFD | Opening a long position | 84,666 | 13.3978 GBP |
50p ordinary | CFD | Reducing a short position | 3,502 | 13.4000 GBP |
50p ordinary | CFD | Reducing a long position | 8 | 13.4000 GBP |
50p ordinary | CFD | Increasing a short position | 50,000 | 13.4000 GBP |
50p ordinary | CFD | Increasing a long position | 14 | 13.4587 GBP |
50p ordinary | CFD | Increasing a long position | 19 | 13.4587 GBP |
50p ordinary | CFD | Increasing a long position | 37 | 13.4615 GBP |
50p ordinary | CFD | Increasing a short position | 8,000 | 13.4617 GBP |
50p ordinary | CFD | Increasing a long position | 7 | 13.4644 GBP |
50p ordinary | CFD | Increasing a long position | 53 | 13.4674 GBP |
50p ordinary | CFD | Increasing a long position | 35 | 13.4772 GBP |
50p ordinary | CFD | Increasing a long position | 3 | 13.4775 GBP |
50p ordinary | CFD | Increasing a long position | 1 | 13.4775 GBP |
50p ordinary | CFD | Increasing a long position | 3 | 13.4775 GBP |
50p ordinary | CFD | Increasing a long position | 5 | 13.4952 GBP |
50p ordinary | CFD | Reducing a short position | 16,192 | 13.4994 GBP |
50p ordinary | CFD | Increasing a long position | 169 | 13.5024 GBP |
50p ordinary | CFD | Increasing a long position | 188 | 13.5028 GBP |
50p ordinary | CFD | Increasing a long position | 12 | 13.5028 GBP |
50p ordinary | CFD | Increasing a long position | 5 | 13.5035 GBP |
50p ordinary | CFD | Increasing a long position | 516 | 13.5048 GBP |
50p ordinary | CFD | Reducing a long position | 129 | 13.5050 GBP |
50p ordinary | CFD | Reducing a long position | 182 | 13.5050 GBP |
50p ordinary | CFD | Reducing a long position | 265 | 13.5050 GBP |
50p ordinary | CFD | Increasing a long position | 31 | 13.5050 GBP |
50p ordinary | CFD | Increasing a long position | 63 | 13.5050 GBP |
50p ordinary | CFD | Increasing a long position | 84 | 13.5050 GBP |
50p ordinary | CFD | Increasing a long position | 171 | 13.5050 GBP |
50p ordinary | CFD | Increasing a long position | 227 | 13.5050 GBP |
50p ordinary | CFD | Increasing a long position | 1 | 13.5061 GBP |
50p ordinary | CFD | Increasing a long position | 6 | 13.5074 GBP |
50p ordinary | CFD | Increasing a long position | 5 | 13.5076 GBP |
50p ordinary | CFD | Reducing a long position | 210 | 13.5100 GBP |
50p ordinary | CFD | Increasing a long position | 61 | 13.5100 GBP |
50p ordinary | CFD | Increasing a long position | 40 | 13.5100 GBP |
50p ordinary | CFD | Increasing a long position | 109 | 13.5100 GBP |
50p ordinary | CFD | Reducing a long position | 44 | 13.5125 GBP |
50p ordinary | CFD | Reducing a long position | 54 | 13.5125 GBP |
50p ordinary | CFD | Increasing a long position | 98 | 13.5125 GBP |
50p ordinary | CFD | Increasing a long position | 690 | 13.5145 GBP |
50p ordinary | CFD | Increasing a long position | 32 | 13.5199 GBP |
50p ordinary | CFD | Increasing a long position | 159 | 13.5206 GBP |
50p ordinary | CFD | Increasing a long position | 9 | 13.5234 GBP |
50p ordinary | CFD | Increasing a long position | 53 | 13.5308 GBP |
50p ordinary | CFD | Increasing a long position | 19 | 13.5314 GBP |
50p ordinary | SWAP | Increasing a short position | 924 | 13.4409 GBP |
50p ordinary | SWAP^ | Reducing a long position | 5,000,000 | 13.5350 GBP |
^Please note this product is part of a basket of securities for which SKY PLC is a component
(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 | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising / exercised against | Number of securities | Exercise price per unit |
(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) |
|
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
|
(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
|
| Date of disclosure: | 11 June 2018 |
| Contact name: | Kashif Rafiq and Papa Lette |
| Telephone number: | +44(20) 7051 0547 / +44(20) 7774 7442 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's 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