Form 8.3 - Sky PLC

LONDON--()--

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

     
(a) Full name of discloser:   Farallon Capital Europe LLP (on behalf of funds managed jointly with Farallon Capital Management, L.L.C. and Farallon Partners, L.L.C.)

(b) Owner or controller of interests and short positions disclosed, if different from 1(a):
The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.

   

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:
Use a separate form for each offeror/offeree

  Sky Plc

(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:

   

(e) Date position held/dealing undertaken:
For an opening position disclosure, state the latest practicable date prior to the disclosure

  6 June 2017

(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
If it is a cash offer or possible cash offer, state “N/A”

  No
 

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

     
Class of relevant security:   50p ordinary

 

  Interests   Short positions
  Number   %   Number   %
(1) Relevant securities owned and/or controlled:                
(2) Cash-settled derivatives:   22,345,000   1.29%        
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:                

TOTAL:

  22,345,000   1.29%        
       

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

 
Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:
 

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(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   Purchase/sale   Number of securities   Price per unit
     

(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   Increasing a long position   250,000   GBP 9.7863
50p ordinary   CFD   Increasing a long position   60,000   GBP 9.7847
       

(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

             

(ii) Exercise

                 

Class of
relevant
security

 

Product
description
e.g. call option

 

Exercising/
exercised
against

 

Number of
securities

 

Exercise price
per unit

       

(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)

     

4. 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 person 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 person 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

 

(c) Attachments

     
Is a Supplemental Form 8 (Open Positions) attached?   NO
 
     
Date of disclosure:   7 June 2017
Contact name:   Sarah Rogers
Telephone number:   020 7395 7200
 

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 monitoring@disclosure.org.uk. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

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

Short Name: Farallon Capital Europe LLP
Category Code: RET
Sequence Number: 584615
Time of Receipt (offset from UTC): 20170606T234134+0100

Contacts

Farallon Capital Europe LLP

Contacts

Farallon Capital Europe LLP