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: 22 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: 4,591,831 0.99% 6,040,315 1.31%
           
(2) Cash-settled derivatives:
1,083,011 0.23% 940,058 0.20%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 5,674,842 1.23% 6,980,373 1.51%
 
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 317 5.9806 GBP
EUR 0.0005 ordinary Purchase 396 6.0624 GBP
EUR 0.0005 ordinary Purchase 719 6.0504 GBP
EUR 0.0005 ordinary Purchase 780 5.6960 GBP
EUR 0.0005 ordinary Purchase 804 6.0604 GBP
EUR 0.0005 ordinary Purchase 1,152 6.0370 GBP
EUR 0.0005 ordinary Purchase 1,162 6.0748 GBP
EUR 0.0005 ordinary Purchase 1,162 5.9890 GBP
EUR 0.0005 ordinary Purchase 1,163 5.9930 GBP
EUR 0.0005 ordinary Purchase 1,164 5.9900 GBP
EUR 0.0005 ordinary Purchase 1,231 5.7460 GBP
EUR 0.0005 ordinary Purchase 1,263 6.0440 GBP
EUR 0.0005 ordinary Purchase 1,410 6.0680 GBP
EUR 0.0005 ordinary Purchase 1,558 5.8170 GBP
EUR 0.0005 ordinary Purchase 1,921 6.0324 GBP
EUR 0.0005 ordinary Purchase 1,990 5.4920 GBP
EUR 0.0005 ordinary Purchase 3,235 5.9797 GBP
ADR Purchase 5,070 7.9268 USD
EUR 0.0005 ordinary Purchase 6,134 6.0423 GBP
EUR 0.0005 ordinary Purchase 6,859 5.9532 GBP
EUR 0.0005 ordinary Purchase 7,725 5.8486 GBP
EUR 0.0005 ordinary Purchase 8,025 5.9507 GBP
EUR 0.0005 ordinary Purchase 8,456 5.8135 GBP
EUR 0.0005 ordinary Purchase 8,803 5.4859 GBP
EUR 0.0005 ordinary Purchase 9,459 6.0382 GBP
EUR 0.0005 ordinary Purchase 9,828 6.0597 GBP
EUR 0.0005 ordinary Purchase 12,224 6.0248 GBP
EUR 0.0005 ordinary Purchase 12,418 6.0691 GBP
EUR 0.0005 ordinary Purchase 12,505 6.0136 GBP
EUR 0.0005 ordinary Purchase 13,859 5.4889 GBP
EUR 0.0005 ordinary Purchase 17,942 6.0094 GBP
EUR 0.0005 ordinary Purchase 18,995 5.8368 GBP
EUR 0.0005 ordinary Purchase 25,791 5.8534 GBP
EUR 0.0005 ordinary Purchase 26,219 5.8048 GBP
EUR 0.0005 ordinary Purchase 43,960 6.0229 GBP
EUR 0.0005 ordinary Purchase 59,552 5.9625 GBP
EUR 0.0005 ordinary Purchase 87,030 6.0363 GBP
EUR 0.0005 ordinary Purchase 123,797 5.9411 GBP
EUR 0.0005 ordinary Purchase 182,829 6.0404 GBP
EUR 0.0005 ordinary Purchase 193,236 6.0600 GBP
EUR 0.0005 ordinary Purchase 223,844 5.8546 GBP
EUR 0.0005 ordinary Purchase 325,000 5.9967 GBP
EUR 0.0005 ordinary Purchase 362,336 6.0593 GBP
EUR 0.0005 ordinary Purchase 369,765 5.9516 GBP
EUR 0.0005 ordinary Sale 500 5.9600 GBP
EUR 0.0005 ordinary Sale 1,162 6.0748 GBP
EUR 0.0005 ordinary Sale 1,162 5.9890 GBP
EUR 0.0005 ordinary Sale 1,163 5.9930 GBP
EUR 0.0005 ordinary Sale 1,164 5.9900 GBP
EUR 0.0005 ordinary Sale 1,231 5.7460 GBP
EUR 0.0005 ordinary Sale 1,263 6.0440 GBP
EUR 0.0005 ordinary Sale 1,410 6.0680 GBP
EUR 0.0005 ordinary Sale 1,558 5.8170 GBP
EUR 0.0005 ordinary Sale 1,697 6.0260 GBP
EUR 0.0005 ordinary Sale 2,373 5.7527 GBP
EUR 0.0005 ordinary Sale 2,592 5.8710 GBP
EUR 0.0005 ordinary Sale 2,884 6.0250 GBP
EUR 0.0005 ordinary Sale 3,173 5.9300 GBP
EUR 0.0005 ordinary Sale 3,238 5.9827 GBP
ADR Sale 5,070 7.9268 USD
EUR 0.0005 ordinary Sale 7,208 6.0120 GBP
EUR 0.0005 ordinary Sale 9,214 5.7044 GBP
EUR 0.0005 ordinary Sale 10,942 5.8845 GBP
EUR 0.0005 ordinary Sale 13,389 5.9728 GBP
EUR 0.0005 ordinary Sale 16,978 5.8527 GBP
EUR 0.0005 ordinary Sale 20,000 6.0288 GBP
EUR 0.0005 ordinary Sale 25,112 6.0113 GBP
EUR 0.0005 ordinary Sale 39,869 5.9220 GBP
EUR 0.0005 ordinary Sale 49,153 5.4900 GBP
EUR 0.0005 ordinary Sale 51,152 6.0370 GBP
EUR 0.0005 ordinary Sale 56,220 6.0600 GBP
EUR 0.0005 ordinary Sale 56,701 5.9867 GBP
EUR 0.0005 ordinary Sale 67,735 6.0049 GBP
EUR 0.0005 ordinary Sale 76,291 6.0602 GBP
EUR 0.0005 ordinary Sale 92,636 5.8425 GBP
EUR 0.0005 ordinary Sale 150,706 6.0536 GBP
EUR 0.0005 ordinary Sale 436,170 5.9602 GBP
EUR 0.0005 ordinary Sale 507,414 6.0459 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 889 6.0400 GBP
EUR 0.0005 ordinary SWAP Long 2,592 5.8710 GBP
EUR 0.0005 ordinary CFD Long 5,070 6.0268 GBP
EUR 0.0005 ordinary CFD Long 9,214 5.7044 GBP
EUR 0.0005 ordinary SWAP Long 9,547 5.9284 GBP
EUR 0.0005 ordinary SWAP Long 10,861 5.7368 GBP
EUR 0.0005 ordinary SWAP Long 12,452 5.8120 GBP
EUR 0.0005 ordinary SWAP Long 28,930 5.9513 GBP
EUR 0.0005 ordinary CFD Long 30,293 6.0595 GBP
EUR 0.0005 ordinary CFD Long 39,869 5.9219 GBP
EUR 0.0005 ordinary SWAP Long 54,661 5.9027 GBP
EUR 0.0005 ordinary CFD Long 56,188 6.0440 GBP
EUR 0.0005 ordinary CFD Long 56,701 5.9868 GBP
EUR 0.0005 ordinary CFD Long 64,225 6.0592 GBP
EUR 0.0005 ordinary CFD Long 67,735 6.0049 GBP
EUR 0.0005 ordinary SWAP Long 182,935 5.9624 GBP
EUR 0.0005 ordinary SWAP Long 266,595 5.9405 GBP
EUR 0.0005 ordinary CFD Short 100 5.8785 GBP
EUR 0.0005 ordinary CFD Short 471 5.4962 GBP
EUR 0.0005 ordinary SWAP Short 500 6.0369 GBP
EUR 0.0005 ordinary CFD Short 719 6.0504 GBP
EUR 0.0005 ordinary SWAP Short 1,676 6.0174 GBP
EUR 0.0005 ordinary SWAP Short 2,000 6.0412 GBP
EUR 0.0005 ordinary CFD Short 5,000 5.9859 GBP
EUR 0.0005 ordinary CFD Short 5,000 6.0625 GBP
EUR 0.0005 ordinary CFD Short 6,134 6.0423 GBP
EUR 0.0005 ordinary CFD Short 7,500 6.0005 GBP
EUR 0.0005 ordinary CFD Short 13,000 5.9978 GBP
EUR 0.0005 ordinary CFD Short 13,000 6.0563 GBP
EUR 0.0005 ordinary SWAP Short 14,661 6.0319 GBP
EUR 0.0005 ordinary CFD Short 20,000 5.9902 GBP
EUR 0.0005 ordinary SWAP Short 35,759 6.0602 GBP
EUR 0.0005 ordinary CFD Short 59,552 5.9625 GBP
EUR 0.0005 ordinary SWAP Short 72,817 5.8112 GBP
EUR 0.0005 ordinary CFD Short 80,593 6.0604 GBP
EUR 0.0005 ordinary SWAP Short 137,815 5.9546 GBP
EUR 0.0005 ordinary SWAP Short 193,236 6.0600 GBP
EUR 0.0005 ordinary SWAP Short 206,124 5.9495 GBP
EUR 0.0005 ordinary CFD Short 325,000 5.9967 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: 25 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: 650208
Time of Receipt (offset from UTC): 20180625T121357+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC