Source - RNS
RNS Number : 7331F
JPMorgan Securities Plc
19 May 2017
 

AMENDMENT

INCREASED EQUITY PURCAHSES BY 60,812 TO 144,258

ADDED EQUITY SWAP SALES OF 60,812

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:

15 May 2017

(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

 

 

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

144,258

 

277,963

9.9850

 

9.9873

9.9379

 

9.9391

 

(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

 

Ordinary Shares

Equity Swaps

 

 

Long

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Short

9,679

2,486

197

144

623

1,490

25,949

743

260

357

205

28

29

331

248

 

9,679

1

28,570

60,812

248

616

1,358

395

9.9375 GBP

9.9386 GBP

9.9475 GBP

9.9490 GBP

9.9515 GBP

9.9561 GBP

9.9586 GBP

9.9707 GBP

9.9732 GBP

9.9786 GBP

9.9800 GBP

9.9803 GBP

9.9809 GBP

9.9873 GBP

12.7552 USD

 

9.9375 GBP

9.9475 GBP

9.9575 GBP

9.9644 GBP

9.9650 GBP

9.9658 GBP

9.9750 GBP

9.9757 GBP

 

(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)

Ordinary Shares

Put Option

 

Put Option

Sale

 

Purchase

1,000,000

 

1,000,000

0.3888

 

0.0600

American

 

American

20 Oct 2017

 

20 Oct 2017

9.6

 

8.6

                       

(ii)        Exercise

 

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(GBP)

Ordinary Shares





 

(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)


 

 



 

 

(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:

19 May 2017

Contact name:

Tung Le

Telephone number:

020 7742 7272

 

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 dealing disclosure requirements on +44 (0)20 7638 0129.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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