Form 8.5 - SKY PLC

LONDON--()--

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY (“RI”) STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Name of exempt principal trader:  

BARCLAYS CAPITAL SECURITIES LTD

(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:  

SKY PLC

(d) Date position held/dealing undertaken:

For an opening position disclosure, state the latest practicable date prior to the disclosure

 

28 FEB 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 the offer?

If it is a cash offer or possible cash offer, state “N/A”

 

NO

2. POSITIONS OF THE EXEMPT PRINCIPAL TRADER

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(b), 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: 7,466,874 0.43% 5,132,641 0.30%
           
(2) Cash-settled derivatives:
1,622,472 0.09% 5,437,753 0.32%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 9,089,346 0.53% 10,570,394 0.61%

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 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 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   Purchase/sale   Total number of   Highest price per unit   Lowest price per unit
security   securities paid/received paid/received
50p ordinary Purchase 416,588 13.4800 GBP 13.2 GBP
50p ordinary Sale 810,095 13.4800 GBP 13.2585 GBP
 
(b) Cash-settled derivative transactions      
Class of Product Nature of dealing Number of Price per
relevant description reference unit
security     securities  
50p ordinary CFD Long 159 13.4394 GBP
50p ordinary CFD Long 886 13.4087 GBP
50p ordinary CFD Long 5,443 13.4358 GBP
50p ordinary CFD Long 7,140 13.4395 GBP
50p ordinary CFD Long 11,912 13.3429 GBP
50p ordinary CFD Long 11,927 13.2846 GBP
50p ordinary SWAP Long 13,164 13.4030 GBP
50p ordinary SWAP Long 21,180 13.4800 GBP
50p ordinary SWAP Long 26,344 13.4008 GBP
50p ordinary SWAP Long 44,984 13.3719 GBP
50p ordinary CFD Long 84,664 13.4789 GBP
50p ordinary SWAP Long 392,769 13.4228 GBP
50p ordinary CFD Short 500 13.3120 GBP
50p ordinary SWAP Short 4,015 13.4800 GBP
50p ordinary CFD Short 9,359 13.2010 GBP
50p ordinary SWAP Short 10,826 13.2753 GBP
50p ordinary SWAP Short 12,163 13.4543 GBP
50p ordinary SWAP Short 15,681 13.3603 GBP
50p ordinary CFD Short 15,963 13.4091 GBP
50p ordinary CFD Short 16,211 13.4089 GBP
50p ordinary SWAP Short 18,829 13.3818 GBP
50p ordinary CFD Short 19,830 13.4103 GBP
50p ordinary CFD Short 36,536 13.3696 GBP
50p ordinary CFD Short 45,200 13.4030 GBP
50p ordinary CFD Short 81,644 13.4611 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

(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 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

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?  

NO

Date of disclosure:  

1 March 2018

Contact name:

Elise Tang

Telephone number:

0207 1163 001

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 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: BARCLAYS PLC
Category Code: FEO
Sequence Number: 642257
Time of Receipt (offset from UTC): 20180301T105740+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC