Form 8.3 - INMARSAT 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:   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: 19 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: 4,560,224 0.99% 6,375,245 1.38%
           
(2) Cash-settled derivatives:
1,378,510 0.30% 797,273 0.17%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 5,938,734 1.29% 7,172,518 1.55%
 
Class of relevant security:   Convertible Bond XS1486508887
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 8,600,000 1.32% 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: 8,600,000 1.32% 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 187 5.3090 GBP
EUR 0.0005 ordinary Purchase 395 5.4280 GBP
EUR 0.0005 ordinary Purchase 1,348 5.3630 GBP
EUR 0.0005 ordinary Purchase 1,358 5.3480 GBP
EUR 0.0005 ordinary Purchase 1,674 5.3780 GBP
EUR 0.0005 ordinary Purchase 2,000 5.3754 GBP
EUR 0.0005 ordinary Purchase 2,056 5.3899 GBP
EUR 0.0005 ordinary Purchase 2,631 5.3980 GBP
EUR 0.0005 ordinary Purchase 2,706 5.3549 GBP
EUR 0.0005 ordinary Purchase 3,220 5.3706 GBP
EUR 0.0005 ordinary Purchase 3,235 5.3678 GBP
EUR 0.0005 ordinary Purchase 4,618 5.3342 GBP
EUR 0.0005 ordinary Purchase 5,494 5.3826 GBP
EUR 0.0005 ordinary Purchase 7,826 5.3586 GBP
EUR 0.0005 ordinary Purchase 9,429 5.3983 GBP
EUR 0.0005 ordinary Purchase 11,262 5.3686 GBP
EUR 0.0005 ordinary Purchase 14,252 5.3845 GBP
EUR 0.0005 ordinary Purchase 19,356 5.3729 GBP
EUR 0.0005 ordinary Purchase 20,193 5.3797 GBP
EUR 0.0005 ordinary Purchase 24,253 5.3681 GBP
EUR 0.0005 ordinary Purchase 33,935 5.3763 GBP
EUR 0.0005 ordinary Purchase 49,402 5.3712 GBP
EUR 0.0005 ordinary Purchase 50,186 5.3431 GBP
EUR 0.0005 ordinary Purchase 60,290 5.3307 GBP
EUR 0.0005 ordinary Purchase 90,200 5.3905 GBP
EUR 0.0005 ordinary Purchase 100,000 5.3825 GBP
EUR 0.0005 ordinary Purchase 150,000 5.3781 GBP
EUR 0.0005 ordinary Purchase 187,655 5.3682 GBP
EUR 0.0005 ordinary Purchase 195,375 5.3497 GBP
EUR 0.0005 ordinary Purchase 297,404 5.3046 GBP
EUR 0.0005 ordinary Purchase 300,000 5.3467 GBP
EUR 0.0005 ordinary Sale 120 5.4340 GBP
EUR 0.0005 ordinary Sale 187 5.3090 GBP
EUR 0.0005 ordinary Sale 961 5.3898 GBP
EUR 0.0005 ordinary Sale 1,348 5.3630 GBP
EUR 0.0005 ordinary Sale 1,358 5.3480 GBP
EUR 0.0005 ordinary Sale 2,282 5.3421 GBP
EUR 0.0005 ordinary Sale 3,089 5.4047 GBP
EUR 0.0005 ordinary Sale 3,157 5.3561 GBP
EUR 0.0005 ordinary Sale 4,792 5.3681 GBP
EUR 0.0005 ordinary Sale 5,094 5.3871 GBP
EUR 0.0005 ordinary Sale 5,395 5.3546 GBP
EUR 0.0005 ordinary Sale 5,624 5.3391 GBP
EUR 0.0005 ordinary Sale 6,783 5.3218 GBP
EUR 0.0005 ordinary Sale 8,867 5.3805 GBP
EUR 0.0005 ordinary Sale 11,564 5.3901 GBP
EUR 0.0005 ordinary Sale 13,493 5.3695 GBP
EUR 0.0005 ordinary Sale 15,377 5.3902 GBP
EUR 0.0005 ordinary Sale 25,424 5.3733 GBP
EUR 0.0005 ordinary Sale 33,525 5.3636 GBP
EUR 0.0005 ordinary Sale 34,294 5.3982 GBP
EUR 0.0005 ordinary Sale 39,043 5.3862 GBP
EUR 0.0005 ordinary Sale 44,167 5.3854 GBP
EUR 0.0005 ordinary Sale 66,845 5.3921 GBP
EUR 0.0005 ordinary Sale 110,666 5.3824 GBP
EUR 0.0005 ordinary Sale 271,618 5.3840 GBP
EUR 0.0005 ordinary Sale 909,418 5.3344 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 327 5.3019 GBP
EUR 0.0005 ordinary SWAP Long 1,035 5.4414 GBP
EUR 0.0005 ordinary CFD Long 2,282 5.3421 GBP
EUR 0.0005 ordinary SWAP Long 3,089 5.4047 GBP
EUR 0.0005 ordinary SWAP Long 3,400 5.3814 GBP
EUR 0.0005 ordinary SWAP Long 4,656 5.3656 GBP
EUR 0.0005 ordinary CFD Long 4,761 5.3898 GBP
EUR 0.0005 ordinary SWAP Long 4,761 5.3898 GBP
EUR 0.0005 ordinary CFD Long 4,792 5.3681 GBP
EUR 0.0005 ordinary CFD Long 5,624 5.3391 GBP
EUR 0.0005 ordinary SWAP Long 6,359 5.4670 GBP
EUR 0.0005 ordinary CFD Long 6,783 5.3218 GBP
EUR 0.0005 ordinary SWAP Long 28,192 5.4129 GBP
EUR 0.0005 ordinary CFD Long 55,495 5.3527 GBP
EUR 0.0005 ordinary CFD Long 106,067 5.3975 GBP
EUR 0.0005 ordinary SWAP Long 119,015 5.3740 GBP
EUR 0.0005 ordinary SWAP Short 7 5.3885 GBP
EUR 0.0005 ordinary SWAP Short 7 5.4100 GBP
EUR 0.0005 ordinary SWAP Short 16 5.3550 GBP
EUR 0.0005 ordinary SWAP Short 600 5.3653 GBP
EUR 0.0005 ordinary CFD Short 918 5.3790 GBP
EUR 0.0005 ordinary SWAP Short 2,631 5.3980 GBP
EUR 0.0005 ordinary CFD Short 6,252 5.3726 GBP
EUR 0.0005 ordinary CFD Short 9,429 5.3983 GBP
EUR 0.0005 ordinary CFD Short 14,252 5.3845 GBP
EUR 0.0005 ordinary SWAP Short 17,719 5.3756 GBP
EUR 0.0005 ordinary SWAP Short 18,496 5.3731 GBP
EUR 0.0005 ordinary CFD Short 19,275 5.3798 GBP
EUR 0.0005 ordinary CFD Short 19,356 5.3729 GBP
EUR 0.0005 ordinary SWAP Short 23,912 5.3833 GBP
EUR 0.0005 ordinary CFD Short 24,253 5.3681 GBP
EUR 0.0005 ordinary SWAP Short 26,736 5.3816 GBP
EUR 0.0005 ordinary CFD Short 33,935 5.3763 GBP
EUR 0.0005 ordinary SWAP Short 63,226 5.3631 GBP
EUR 0.0005 ordinary SWAP Short 118,510 5.3672 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: 20 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: 649839
Time of Receipt (offset from UTC): 20180620T124037+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC