Source - RNS
RNS Number : 4509I
Morgan Stanley & Co. Int'l plc
19 June 2017
 

 

 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:

Morgan Stanley & Co. International 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:

16 JUNE 2017

(e) Has the EPT previously disclosed, or is it today  disclosing, under the Code in respect of any other party to this offer?

Yes

 

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

 3,743,151

 10.8000 GBP

 9.6100 GBP

 50p ordinary

 SALES

 1,983,973

 9.6900 GBP

 9.6100 GBP

 50p ordinary

 PURCHASES

 19,077

 9.6500 USD

 9.6500 USD

 

 

(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

 LONG

 12

 9.6375 GBP

 50p ordinary

 CFD

 LONG

 26,491

 9.6495 GBP

 50p ordinary

 CFD

 LONG

 297,092

 9.6500 GBP

 50p ordinary

 CFD

 LONG

 511

 9.6500 GBP

 50p ordinary

 CFD

 LONG

 115

 9.6500 GBP

 50p ordinary

 CFD

 LONG

 20,683

 9.6515 GBP

 50p ordinary

 CFD

 LONG

 196

 9.6525 GBP

 50p ordinary

 CFD

 LONG

 3,987

 9.6531 GBP

 50p ordinary

 CFD

 LONG

 22,070

 9.6531 GBP

 50p ordinary

 CFD

 LONG

 5,170

 9.6534 GBP

 50p ordinary

 CFD

 LONG

 5,952

 9.6547 GBP

 50p ordinary

 CFD

 LONG

 712

 9.6578 GBP

 50p ordinary

 CFD

 LONG

 11,577

 9.6581 GBP

 50p ordinary

 CFD

 LONG

 17,884

 9.6582 GBP

 50p ordinary

 CFD

 LONG

 30,652

 9.6629 GBP

 50p ordinary

 CFD

 LONG

 41,366

 9.6641 GBP

 50p ordinary

 CFD

 LONG

 419

 9.6650 GBP

 50p ordinary

 CFD

 LONG

 35,835

 9.6650 GBP

 50p ordinary

 CFD

 LONG

 1,122

 9.6700 GBP

 50p ordinary

 CFD

 SHORT

 8,100

 9.6422 GBP

 50p ordinary

 CFD

 SHORT

 1,819

 9.6440 GBP

 50p ordinary

 CFD

 SHORT

 8,135

 9.6440 GBP

 50p ordinary

 CFD

 SHORT

 43,784

 9.6472 GBP

 50p ordinary

 CFD

 SHORT

 12,141

 9.6500 GBP

 50p ordinary

 CFD

 SHORT

 14,838

 9.6500 GBP

 50p ordinary

 CFD

 SHORT

 3,600

 9.6500 GBP

 50p ordinary

 CFD

 SHORT

 11,924

 9.6512 GBP

 50p ordinary

 CFD

 SHORT

 47,562

 9.6519 GBP

 50p ordinary

 CFD

 SHORT

 47,562

 9.6519 GBP

 50p ordinary

 CFD

 SHORT

 34,662

 9.6519 GBP

 50p ordinary

 CFD

 SHORT

 26,088

 9.6519 GBP

 50p ordinary

 CFD

 SHORT

 380,648

 9.6519 GBP

 50p ordinary

 CFD

 SHORT

 77,236

 9.6519 GBP

 50p ordinary

 CFD

 SHORT

 3,242

 9.6526 GBP

 50p ordinary

 CFD

 SHORT

 50,610

 9.6526 GBP

 50p ordinary

 CFD

 SHORT

 13,533

 9.6589 GBP

 50p ordinary

 CFD

 SHORT

 10,504

 9.6600 GBP

 50p ordinary

 CFD

 SHORT

 11,201

 9.6606 GBP

 50p ordinary

 CFD

 SHORT

 5,537

 9.6607 GBP

 50p ordinary

 CFD

 SHORT

 1,158

 9.6623 GBP

 50p ordinary

 CFD

 SHORT

 10,000

 9.6650 GBP

 50p ordinary

 CFD

 SHORT

 97

 9.6655 GBP

 50p ordinary

 CFD

 SHORT

 69,400

 10.8000 GBP

 50p ordinary

 CFD

 SHORT

 105,600

 10.8000 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

 Type   e.g. American, European etc.

 Expiry date

 Option money paid/ received per unit

 N/A

 N/A

 N/A

 N/A

 N/A

 N/A

 N/A

 N/A

 

(ii)        Exercise

 

 Class of relevant security

 Product description            e.g. call option

 Number of securities

 Exercise price per unit

 50p ordinary

 PUT

 175,000

 10.8000 GBP

 

(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)

 N/A

 N/A

 N/A

 N/A

 

The currency of all prices and other monetary amounts should be stated.

 

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.

 

 

 

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:

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 JUNE 2017

Contact name:

Craig Horsley

Telephone number:

+44(141) 245 7736

 

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.

 


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