3 Jul 2018 10:20
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: | 02 July 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 | 596,518
500,447 | 14.6725
14.6687 | 14.5268
14.5303 |
(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 | 9,495 4,267 952 4,959 13,805 4,389 1,123 20,868 1,840 3,224 2,886 200 1,815 486 652 2,325 137,749 13,815 3,036 1,409 1,918 554 2,398 1,232 11,855 668
500 326 593 247 319 511 2,360 716 566 442 1,035 151 193 19,852 1,328 4,740 2,396 235 529 269 295 589 1,002 171 407 548 5,234 861 411 513 165 79 381 1,695 100 209 158 1,079 5,230 1,412 1,965 956 684 2,362 368 691 474 1,234 1,706 441 4,330 747 563 285 39 85 41 1,916 1,891 812 133,900 36,566 15 253 | 14.5649 14.5692 14.5707 14.6002 14.6032 14.6034 14.6067 14.6094 14.6119 14.6146 14.6178 14.6204 14.6242 14.6246 14.6296 14.6393 14.6400 14.6455 14.6488 14.6518 14.6541 14.6557 14.6561 14.6595 14.6600 14.6609
14.4801 14.5365 14.5472 14.5554 14.5560 14.5563 14.5623 14.5631 14.5682 14.5683 14.5690 14.5721 14.5724 14.5764 14.5797 14.5814 14.5824 14.5834 14.5840 14.5841 14.5851 14.5869 14.5889 14.5915 14.5944 14.5965 14.5977 14.5992 14.6027 14.6053 14.6084 14.6092 14.6094 14.6097 14.6100 14.6106 14.6121 14.6142 14.6149 14.6157 14.6161 14.6169 14.6170 14.6174 14.6177 14.6186 14.6195 14.6197 14.6208 14.6225 14.6227 14.6239 14.6246 14.6252 14.6265 14.6269 14.6273 14.6275 14.6284 14.6331 14.6400 14.6407 14.6411 14.6565 |
(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: | 03 July 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.