Source - RNS
RNS Number : 6496I
JPMorgan Securities Plc
20 June 2017
 

AMENDMENT

INCREASED EQUITY PURCHASES BY 255 TO 332,537

INCREASED EQUITY SALES BY 150,000 TO 4,367,992

ADDED EQUITY SWAP PURCHASES OF 150,000

ADDED EQUITY SWAP SALES OF 189,373

 

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:

16 June 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

332,537

 

 4,367,992

9.6750

 

9.6618

9.6100

 

9.6100

 

(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

79,499

4,000,000

50,000

99,054

499

38,222

946

50,000

50,000

3,153

 

268,144

2,092

38

45

57

300

404

8

24

117

11

255

10,404

15

54,000

5,257

79,499

9.6300 GBP

9.6350 GBP

9.6424 GBP

9.6486 GBP

9.6493 GBP

9.6497 GBP

9.6511 GBP

9.6574 GBP

9.6580 GBP

9.6590 GBP

 

9.6339 GBP

9.6348 GBP

9.6403 GBP

9.6448 GBP

9.6471 GBP

9.6507 GBP

9.6519 GBP

9.6525 GBP

9.6531 GBP

9.6534 GBP

9.6542 GBP

9.6551 GBP

9.6555 GBP

9.6561 GBP

9.6609 GBP

9.6616 GBP

12.2301 USD

 

(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)

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:

20 June 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
 
END
 
 
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