FORM 8.3 - INMARSAT PLC - AMENDMENT

LONDON--()--

FORM 8.3

AMENDMENT TO SALES

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:   Barclays PLC.
     
(b) Owner or controller of interest and short
  positions disclosed, if different from 1(a):  
(c) Name of offeror/offeree in relation to whose INMARSAT PLC
  relevant securities this form relates:  
(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: 12 June 2018
(f) In addition to the company in 1(c) above, is the discloser making YES:
  disclosures in respect of any other party to the offer? ECHOSTAR CORPORATION

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:       EUR 0.0005 ordinary            
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 4,338,548 0.98% 4,970,880 1.08%
           
(2) Cash-settled derivatives:
1,106,905 0.24% 1,638,352 0.35%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 5,445,453 1.22% 6,609,232 1.43%
Class of relevant security:       Convertible Bond XS1486508887            
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 13,000,000 2.00% 0 0.00%
           
(2) Cash-settled derivatives:
0 0.00% 0 0.00%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 13,000,000 2.00% 0 0.00%

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   Purchase/sale   Number of   Price per unit
security   securities  
EUR 0.0005 ordinary Purchase 5 5.3500 GBP
EUR 0.0005 ordinary Purchase 397 5.2584 GBP
EUR 0.0005 ordinary Purchase 486 5.3280 GBP
EUR 0.0005 ordinary Purchase 827 5.3480 GBP
EUR 0.0005 ordinary Purchase 841 5.3360 GBP
EUR 0.0005 ordinary Purchase 932 5.3543 GBP
EUR 0.0005 ordinary Purchase 970 5.1952 GBP
EUR 0.0005 ordinary Purchase 2,300 5.2379 GBP
EUR 0.0005 ordinary Purchase 2,909 5.3440 GBP
EUR 0.0005 ordinary Purchase 6,069 5.1415 GBP
EUR 0.0005 ordinary Purchase 6,309 5.3400 GBP
EUR 0.0005 ordinary Purchase 6,724 5.3005 GBP
EUR 0.0005 ordinary Purchase 8,055 5.2732 GBP
EUR 0.0005 ordinary Purchase 9,137 5.3166 GBP
EUR 0.0005 ordinary Purchase 9,349 5.3443 GBP
EUR 0.0005 ordinary Purchase 10,311 5.3967 GBP
EUR 0.0005 ordinary Purchase 11,000 5.2634 GBP
EUR 0.0005 ordinary Purchase 11,609 5.1523 GBP
EUR 0.0005 ordinary Purchase 12,671 5.3561 GBP
EUR 0.0005 ordinary Purchase 15,023 5.2040 GBP
EUR 0.0005 ordinary Purchase 15,613 5.3302 GBP
EUR 0.0005 ordinary Purchase 22,366 5.3563 GBP
EUR 0.0005 ordinary Purchase 26,925 5.1520 GBP
EUR 0.0005 ordinary Purchase 27,584 5.2694 GBP
EUR 0.0005 ordinary Purchase 33,890 5.3630 GBP
EUR 0.0005 ordinary Purchase 41,525 5.1620 GBP
EUR 0.0005 ordinary Purchase 44,100 5.2562 GBP
EUR 0.0005 ordinary Purchase 50,000 5.2939 GBP
EUR 0.0005 ordinary Purchase 54,581 5.2900 GBP
EUR 0.0005 ordinary Purchase 58,444 5.3171 GBP
EUR 0.0005 ordinary Purchase 65,578 5.2947 GBP
EUR 0.0005 ordinary Purchase 102,074 5.2912 GBP
EUR 0.0005 ordinary Purchase 114,814 5.3052 GBP
EUR 0.0005 ordinary Purchase 215,035 5.2923 GBP
EUR 0.0005 ordinary Purchase 491,363 5.3079 GBP
EUR 0.0005 ordinary Purchase 552,441 5.2406 GBP
EUR 0.0005 ordinary Sale 5 5.3500 GBP
EUR 0.0005 ordinary Sale 150 5.2800 GBP
EUR 0.0005 ordinary Sale 237 5.2820 GBP
EUR 0.0005 ordinary Sale 276 5.1440 GBP
EUR 0.0005 ordinary Sale 400 5.3170 GBP
EUR 0.0005 ordinary Sale 734 5.3820 GBP
EUR 0.0005 ordinary Sale 1,649 5.3333 GBP
EUR 0.0005 ordinary Sale 3,271 5.2637 GBP
EUR 0.0005 ordinary Sale 3,699 5.3232 GBP
EUR 0.0005 ordinary Sale 5,000 5.2417 GBP
EUR 0.0005 ordinary Sale 7,081 5.2993 GBP
EUR 0.0005 ordinary Sale 10,311 5.4000 GBP
EUR 0.0005 ordinary Sale 11,249 5.1862 GBP
EUR 0.0005 ordinary Sale 31,919 5.3015 GBP
EUR 0.0005 ordinary Sale 33,215 5.3341 GBP
EUR 0.0005 ordinary Sale 36,712 5.2757 GBP
EUR 0.0005 ordinary Sale 68,062 5.1520 GBP
EUR 0.0005 ordinary Sale 70,931 5.3254 GBP
EUR 0.0005 ordinary Sale 73,171 5.3035 GBP
EUR 0.0005 ordinary Sale 111,472 5.3129 GBP
EUR 0.0005 ordinary Sale 160,785 5.3292 GBP
EUR 0.0005 ordinary Sale 164,269 5.2807 GBP
EUR 0.0005 ordinary Sale 172,866 5.2423 GBP
EUR 0.0005 ordinary Sale 597,869 5.3128 GBP

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
EUR 0.0005 ordinary SWAP Long 665 5.3495 GBP
EUR 0.0005 ordinary SWAP Long 1,625 5.3490 GBP
EUR 0.0005 ordinary SWAP Long 1,695 5.3544 GBP
EUR 0.0005 ordinary SWAP Long 2,455 5.3751 GBP
EUR 0.0005 ordinary CFD Long 3,699 5.3232 GBP
EUR 0.0005 ordinary SWAP Long 3,879 5.1739 GBP
EUR 0.0005 ordinary SWAP Long 6,707 5.3450 GBP
EUR 0.0005 ordinary SWAP Long 24,403 5.2104 GBP
EUR 0.0005 ordinary CFD Long 36,712 5.2757 GBP
EUR 0.0005 ordinary SWAP Long 41,137 5.1520 GBP
EUR 0.0005 ordinary SWAP Long 48,820 5.2435 GBP
EUR 0.0005 ordinary CFD Long 70,931 5.3254 GBP
EUR 0.0005 ordinary CFD Long 73,171 5.3035 GBP
EUR 0.0005 ordinary SWAP Long 130,644 5.3061 GBP
EUR 0.0005 ordinary CFD Long 164,269 5.2807 GBP
EUR 0.0005 ordinary SWAP Short 8 5.3625 GBP
EUR 0.0005 ordinary SWAP Short 24 5.2441 GBP
EUR 0.0005 ordinary SWAP Short 100 5.3021 GBP
EUR 0.0005 ordinary CFD Short 397 5.2584 GBP
EUR 0.0005 ordinary SWAP Short 400 5.3260 GBP
EUR 0.0005 ordinary CFD Short 932 5.3543 GBP
EUR 0.0005 ordinary SWAP Short 970 5.1952 GBP
EUR 0.0005 ordinary CFD Short 3,849 5.3482 GBP
EUR 0.0005 ordinary SWAP Short 3,972 5.3781 GBP
EUR 0.0005 ordinary CFD Short 6,069 5.1415 GBP
EUR 0.0005 ordinary CFD Short 9,349 5.3443 GBP
EUR 0.0005 ordinary CFD Short 11,609 5.1523 GBP
EUR 0.0005 ordinary CFD Short 15,023 5.2040 GBP
EUR 0.0005 ordinary SWAP Short 17,400 5.1525 GBP
EUR 0.0005 ordinary CFD Short 22,366 5.3563 GBP
EUR 0.0005 ordinary CFD Short 27,584 5.2693 GBP
EUR 0.0005 ordinary SWAP Short 35,496 5.2619 GBP
EUR 0.0005 ordinary SWAP Short 37,956 5.2580 GBP
EUR 0.0005 ordinary SWAP Short 44,100 5.2563 GBP
EUR 0.0005 ordinary CFD Short 54,581 5.2900 GBP
EUR 0.0005 ordinary SWAP Short 137,952 5.2953 GBP
EUR 0.0005 ordinary CFD Short 171,836 5.1524 GBP
EUR 0.0005 ordinary SWAP Short 386,270 5.2837 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 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: 19 Jun 2018
Contact name: Jay Supaya
Telephone number: 020 7773 0635

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: RET
Sequence Number: 649748
Time of Receipt (offset from UTC): 20180619T105721+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC