10th Jul 2008 07:00
FORM 8.1
DEALINGS BY OFFERORS, OFFEREE COMPANIES OR THEIR ASSOCIATES
FOR THEMSELVES OR FOR DISCRETIONARY CLIENTS
(Rules 8.1(a) and (b)(i) of the City Code on Takeovers and Mergers)
The below trades were executed to flatten a book position. The Panel Executive has agreed on an ex parte basis that these trades are permitted and have no Code consequence.
1. KEY INFORMATION
|
Name of person dealing (Note 1) |
Merrill Lynch International |
|
Company dealt in |
Inmarsat Plc |
|
Class of relevant security to which the dealings being disclosed relate (Note 2) |
EURO 0.0005 ordinary |
|
Date of dealing |
08/07/2008 |
2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE
(a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3)
|
Long |
Short |
|
|
Number (%) |
Number (%) |
|
|
(1) Relevant securities |
0
|
0 |
|
(2) Derivatives (other than options) |
0 |
0 |
|
(3) Options and agreements to purchase/sell |
0 |
0 |
|
Total |
0 |
0 |
(b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)
|
Class of relevant security: |
Long |
Short |
|
Number (%) |
Number (%) |
|
|
(1) Relevant securities |
0 |
0 |
|
(2) Derivatives (other than options) |
0 |
0 |
|
(3) Options and agreements to purchase/sell |
0 |
0 |
|
Total |
0 |
0 |
(c) Rights to subscribe (Note 3)
|
Class of relevant security: |
Details |
3. DEALINGS (Note 4)
(a) Purchases and sales
|
Purchase/sale |
Number of securities |
Price per unit (Note 5) |
|
P |
17,455 |
GBP 507 |
|
P |
7,629 |
GBP 504.5 |
|
P |
15,223 |
GBP 502 |
|
P |
7,529 |
GBP 501 |
|
P |
8,720 |
GBP 501.5 |
|
P |
6,789 |
GBP 499.25 |
|
P |
6,364 |
GBP 502.5 |
|
P |
1,875 |
GBP 503 |
|
P |
7,317 |
GBP 503.5 |
|
P |
2,082 |
GBP 504 |
|
P |
5,625 |
GBP 504.5 |
|
P |
2,321 |
GBP 504 |
|
P |
5,625 |
GBP 503.5 |
|
P |
8,445 |
GBP 506 |
|
P |
8,012 |
GBP 507.5 |
|
P |
179 |
GBP 506.5 |
|
P |
5,140 |
GBP 507 |
|
P |
1,875 |
GBP 506.5 |
|
P |
13,634 |
GBP 507.5 |
|
P |
1,263 |
GBP 506.5 |
|
P |
25,768 |
GBP 507 |
|
P |
6,948 |
GBP 509 |
|
P |
11,863 |
GBP 510 |
|
P |
1,702 |
GBP 509 |
|
P |
15,484 |
GBP 510 |
|
P |
15,764 |
GBP 510.5 |
|
P |
8,455 |
GBP 509 |
|
P |
7,833 |
GBP 510 |
|
P |
6,905 |
GBP 512 |
|
P |
5,834 |
GBP 513 |
|
P |
1,875 |
GBP 512.5 |
|
P |
16,389 |
GBP 512 |
|
P |
8,736 |
GBP 510.5 |
|
P |
7,935 |
GBP 509 |
|
P |
2,871 |
GBP 510 |
|
P |
1,800 |
GBP 509.5 |
|
P |
2,226 |
GBP 512 |
|
P |
1,875 |
GBP 513 |
|
P |
4,290 |
GBP 515 |
|
P |
753 |
GBP 518.5 |
|
P |
5,752 |
GBP 524 |
|
P |
131 |
GBP 522 |
|
P |
5,625 |
GBP 521.5 |
|
P |
13,790 |
GBP 522 |
|
P |
1,875 |
GBP 521 |
(b) Derivatives transactions (other than options)
|
Product name, e.g. CFD |
Long/short (Note 6) |
Number of securities (Note 7) |
Price per unit (Note 5) |
(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying
|
Product name, e.g. call option |
Writing, selling, purchasing, varying etc. |
Number of securities to which the option relates (Note 7) |
Exercise price |
Type, e.g. American, European etc. |
Expiry date |
Option money paid/received per unit (Note 5) |
(ii) Exercising
|
Product name, e.g. call option |
Number of securities |
Exercise price per unit (Note 5) |
(d) Other dealings (including new securities) (Note 4)
|
Nature of transaction (Note 8) |
Details |
Price per unit (if applicable) (Note 5) |
|
Call option over basket |
|
|
4. OTHER INFORMATION
Agreements, arrangements or understandings relating to options or derivatives
|
Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated. |
|
None |
Is a Supplemental Form 8 attached? (Note 9) NO
|
Date of disclosure |
09/07/2008 |
|
Contact name |
Louise Howard |
|
Telephone number |
020 7996 2121 |
|
Name of offeree/offeror with which associated |
Harbinger Capital Partners Special Situations Fund LP |
|
Specify category and nature of associate status (Note 10) |
2 |
Related Shares:
Inmarsat