FORM 8.3 - INMARSAT PLC - AMENDMENT

LONDON--()--

FORM 8.3

Amendment to sale

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: 20 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: 4,358,550 0.94% 6,225,441 1.35%
           
(2) Cash-settled derivatives:
1,240,952 0.27% 835,551 0.18%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 5,599,502 1.21% 7,060,992 1.53%
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 57 5.4044 GBP
EUR 0.0005 ordinary Purchase 554 5.4158 GBP
EUR 0.0005 ordinary Purchase 788 5.4313 GBP
EUR 0.0005 ordinary Purchase 1,043 5.3890 GBP
EUR 0.0005 ordinary Purchase 1,209 5.4172 GBP
EUR 0.0005 ordinary Purchase 1,220 5.4690 GBP
EUR 0.0005 ordinary Purchase 1,239 5.4280 GBP
EUR 0.0005 ordinary Purchase 1,242 5.4170 GBP
EUR 0.0005 ordinary Purchase 1,254 5.4470 GBP
EUR 0.0005 ordinary Purchase 1,258 5.4260 GBP
EUR 0.0005 ordinary Purchase 1,260 5.4298 GBP
EUR 0.0005 ordinary Purchase 1,274 5.3720 GBP
EUR 0.0005 ordinary Purchase 1,310 5.4180 GBP
EUR 0.0005 ordinary Purchase 1,326 5.4230 GBP
EUR 0.0005 ordinary Purchase 1,339 5.4320 GBP
EUR 0.0005 ordinary Purchase 1,352 5.3900 GBP
EUR 0.0005 ordinary Purchase 1,406 5.4164 GBP
EUR 0.0005 ordinary Purchase 2,041 5.4252 GBP
EUR 0.0005 ordinary Purchase 2,419 5.4500 GBP
EUR 0.0005 ordinary Purchase 2,707 5.3790 GBP
EUR 0.0005 ordinary Purchase 2,956 5.4383 GBP
EUR 0.0005 ordinary Purchase 3,360 5.4167 GBP
EUR 0.0005 ordinary Purchase 4,881 5.4325 GBP
EUR 0.0005 ordinary Purchase 7,246 5.4618 GBP
EUR 0.0005 ordinary Purchase 13,727 5.4174 GBP
EUR 0.0005 ordinary Purchase 14,941 5.4319 GBP
EUR 0.0005 ordinary Purchase 15,000 5.4240 GBP
EUR 0.0005 ordinary Purchase 16,280 5.4145 GBP
EUR 0.0005 ordinary Purchase 23,074 5.4186 GBP
EUR 0.0005 ordinary Purchase 28,059 5.4078 GBP
EUR 0.0005 ordinary Purchase 65,068 5.4400 GBP
EUR 0.0005 ordinary Purchase 66,230 5.4357 GBP
EUR 0.0005 ordinary Purchase 78,753 5.4289 GBP
EUR 0.0005 ordinary Purchase 85,315 5.4475 GBP
EUR 0.0005 ordinary Purchase 90,000 5.4232 GBP
EUR 0.0005 ordinary Purchase 95,829 5.4274 GBP
EUR 0.0005 ordinary Purchase 174,141 5.4358 GBP
EUR 0.0005 ordinary Purchase 234,036 5.4375 GBP
EUR 0.0005 ordinary Purchase 375,000 5.4467 GBP
EUR 0.0005 ordinary Purchase 500,737 5.4101 GBP
EUR 0.0005 ordinary Sale 368 5.4200 GBP
EUR 0.0005 ordinary Sale 788 5.4313 GBP
EUR 0.0005 ordinary Sale 1,220 5.4690 GBP
EUR 0.0005 ordinary Sale 1,239 5.4280 GBP
EUR 0.0005 ordinary Sale 1,242 5.4170 GBP
EUR 0.0005 ordinary Sale 1,254 5.4470 GBP
EUR 0.0005 ordinary Sale 1,274 5.3720 GBP
EUR 0.0005 ordinary Sale 1,310 5.4180 GBP
EUR 0.0005 ordinary Sale 1,326 5.4230 GBP
EUR 0.0005 ordinary Sale 1,332 5.4500 GBP
EUR 0.0005 ordinary Sale 1,339 5.4320 GBP
EUR 0.0005 ordinary Sale 1,352 5.3900 GBP
EUR 0.0005 ordinary Sale 2,247 5.4162 GBP
EUR 0.0005 ordinary Sale 2,609 5.4407 GBP
EUR 0.0005 ordinary Sale 2,707 5.4240 GBP
EUR 0.0005 ordinary Sale 2,707 5.3790 GBP
EUR 0.0005 ordinary Sale 3,499 5.4168 GBP
EUR 0.0005 ordinary Sale 5,182 5.4252 GBP
EUR 0.0005 ordinary Sale 5,387 5.4241 GBP
EUR 0.0005 ordinary Sale 7,018 5.4082 GBP
EUR 0.0005 ordinary Sale 14,085 5.4132 GBP
EUR 0.0005 ordinary Sale 17,443 5.4322 GBP
EUR 0.0005 ordinary Sale 28,651 5.4173 GBP
EUR 0.0005 ordinary Sale 32,100 5.4269 GBP
EUR 0.0005 ordinary Sale 36,112 5.4382 GBP
EUR 0.0005 ordinary Sale 60,678 5.4302 GBP
EUR 0.0005 ordinary Sale 134,109 5.4253 GBP
EUR 0.0005 ordinary Sale 148,747 5.4260 GBP
EUR 0.0005 ordinary Sale 214,832 5.4380 GBP
EUR 0.0005 ordinary Sale 1,016,470 5.4264 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 2,596 5.4526 GBP
EUR 0.0005 ordinary SWAP Long 2,967 5.4180 GBP
EUR 0.0005 ordinary CFD Long 7,018 5.4083 GBP
EUR 0.0005 ordinary CFD Long 7,950 5.4486 GBP
EUR 0.0005 ordinary CFD Long 14,085 5.4132 GBP
EUR 0.0005 ordinary SWAP Long 15,301 5.4266 GBP
EUR 0.0005 ordinary SWAP Long 16,289 5.4285 GBP
EUR 0.0005 ordinary CFD Long 28,651 5.4173 GBP
EUR 0.0005 ordinary SWAP Long 47,703 5.4273 GBP
EUR 0.0005 ordinary CFD Long 60,678 5.4302 GBP
EUR 0.0005 ordinary SWAP Long 74,487 5.4246 GBP
EUR 0.0005 ordinary SWAP Short 46 5.4121 GBP
EUR 0.0005 ordinary CFD Short 57 5.4045 GBP
EUR 0.0005 ordinary SWAP Short 280 5.4282 GBP
EUR 0.0005 ordinary CFD Short 915 5.4162 GBP
EUR 0.0005 ordinary SWAP Short 1,260 5.4298 GBP
EUR 0.0005 ordinary CFD Short 2,956 5.4383 GBP
EUR 0.0005 ordinary CFD Short 3,260 5.4457 GBP
EUR 0.0005 ordinary SWAP Short 5,700 5.4487 GBP
EUR 0.0005 ordinary SWAP Short 6,000 5.4491 GBP
EUR 0.0005 ordinary CFD Short 7,246 5.4618 GBP
EUR 0.0005 ordinary SWAP Short 7,259 5.4263 GBP
EUR 0.0005 ordinary CFD Short 14,941 5.4319 GBP
EUR 0.0005 ordinary CFD Short 23,074 5.4186 GBP
EUR 0.0005 ordinary SWAP Short 47,651 5.4261 GBP
EUR 0.0005 ordinary SWAP Short 53,013 5.4305 GBP
EUR 0.0005 ordinary SWAP Short 65,068 5.4400 GBP
EUR 0.0005 ordinary CFD Short 84,400 5.4479 GBP
EUR 0.0005 ordinary SWAP Short 130,435 5.4401 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: 22 Jun 2018
Contact name: Femi Badmos
Telephone number: 020 3555 1125

Short Name: BARCLAYS PLC
Category Code: RET
Sequence Number: 650068
Time of Receipt (offset from UTC): 20180622T174505+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC