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: 25 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
    EUTELSAT COMMUNICATIONS

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: 4,867,914 1.05% 6,012,375 1.30%
           
(2) Cash-settled derivatives:
982,603 0.21% 1,118,216 0.24%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 5,850,517 1.27% 7,130,591 1.54%
 
Class of relevant security:   Convertible Bond XS1486508887      
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 8,600,000 1.32% 1,000,000 0.15%
           
(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% 1,000,000 0.15%

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 218 6.1318 GBP
EUR 0.0005 ordinary Purchase 782 6.3288 GBP
EUR 0.0005 ordinary Purchase 841 6.3120 GBP
EUR 0.0005 ordinary Purchase 841 6.2650 GBP
EUR 0.0005 ordinary Purchase 841 6.2710 GBP
EUR 0.0005 ordinary Purchase 841 6.2550 GBP
EUR 0.0005 ordinary Purchase 1,034 6.3317 GBP
EUR 0.0005 ordinary Purchase 1,056 6.3190 GBP
EUR 0.0005 ordinary Purchase 1,085 6.2910 GBP
EUR 0.0005 ordinary Purchase 1,113 6.0332 GBP
EUR 0.0005 ordinary Purchase 1,165 5.9790 GBP
EUR 0.0005 ordinary Purchase 1,227 6.2440 GBP
EUR 0.0005 ordinary Purchase 1,290 6.2620 GBP
EUR 0.0005 ordinary Purchase 1,323 5.9940 GBP
EUR 0.0005 ordinary Purchase 1,344 6.1830 GBP
EUR 0.0005 ordinary Purchase 1,504 6.3224 GBP
EUR 0.0005 ordinary Purchase 1,507 6.1570 GBP
ADR Purchase 1,530 8.4524 USD
EUR 0.0005 ordinary Purchase 1,542 6.1320 GBP
EUR 0.0005 ordinary Purchase 1,585 5.9457 GBP
EUR 0.0005 ordinary Purchase 1,848 6.2510 GBP
EUR 0.0005 ordinary Purchase 1,850 6.2540 GBP
EUR 0.0005 ordinary Purchase 1,881 6.2295 GBP
EUR 0.0005 ordinary Purchase 2,209 6.1987 GBP
EUR 0.0005 ordinary Purchase 2,906 6.3247 GBP
EUR 0.0005 ordinary Purchase 3,407 6.3722 GBP
EUR 0.0005 ordinary Purchase 3,422 6.3198 GBP
EUR 0.0005 ordinary Purchase 4,308 6.3220 GBP
EUR 0.0005 ordinary Purchase 4,575 6.1372 GBP
EUR 0.0005 ordinary Purchase 7,325 6.2500 GBP
ADR Purchase 7,831 8.2802 USD
EUR 0.0005 ordinary Purchase 9,222 6.0035 GBP
EUR 0.0005 ordinary Purchase 10,000 6.2995 GBP
EUR 0.0005 ordinary Purchase 12,775 6.0613 GBP
EUR 0.0005 ordinary Purchase 14,802 6.3275 GBP
EUR 0.0005 ordinary Purchase 16,760 6.2124 GBP
EUR 0.0005 ordinary Purchase 25,557 6.2685 GBP
EUR 0.0005 ordinary Purchase 50,000 5.9854 GBP
EUR 0.0005 ordinary Purchase 70,681 6.1768 GBP
EUR 0.0005 ordinary Purchase 83,524 6.3082 GBP
EUR 0.0005 ordinary Purchase 84,973 6.2524 GBP
EUR 0.0005 ordinary Purchase 98,284 6.3227 GBP
EUR 0.0005 ordinary Purchase 115,505 6.1710 GBP
EUR 0.0005 ordinary Purchase 146,493 6.0000 GBP
EUR 0.0005 ordinary Purchase 147,416 6.1862 GBP
EUR 0.0005 ordinary Purchase 149,150 6.2590 GBP
EUR 0.0005 ordinary Purchase 267,207 6.1896 GBP
EUR 0.0005 ordinary Sale 200 6.0560 GBP
EUR 0.0005 ordinary Sale 354 6.0770 GBP
EUR 0.0005 ordinary Sale 841 6.3120 GBP
EUR 0.0005 ordinary Sale 841 6.2550 GBP
EUR 0.0005 ordinary Sale 841 6.2650 GBP
EUR 0.0005 ordinary Sale 841 6.2710 GBP
EUR 0.0005 ordinary Sale 1,000 6.3040 GBP
EUR 0.0005 ordinary Sale 1,056 6.3190 GBP
EUR 0.0005 ordinary Sale 1,074 5.9880 GBP
EUR 0.0005 ordinary Sale 1,085 6.2910 GBP
EUR 0.0005 ordinary Sale 1,165 5.9790 GBP
EUR 0.0005 ordinary Sale 1,227 6.2440 GBP
EUR 0.0005 ordinary Sale 1,290 6.2620 GBP
EUR 0.0005 ordinary Sale 1,344 6.1830 GBP
ADR Sale 1,530 8.4524 USD
EUR 0.0005 ordinary Sale 1,848 6.2510 GBP
EUR 0.0005 ordinary Sale 1,850 6.2540 GBP
EUR 0.0005 ordinary Sale 2,276 5.9524 GBP
EUR 0.0005 ordinary Sale 2,601 6.1690 GBP
EUR 0.0005 ordinary Sale 3,068 6.3213 GBP
EUR 0.0005 ordinary Sale 3,382 6.2576 GBP
EUR 0.0005 ordinary Sale 5,034 6.2300 GBP
EUR 0.0005 ordinary Sale 5,948 6.3200 GBP
EUR 0.0005 ordinary Sale 7,188 6.1566 GBP
ADR Sale 7,831 8.2802 USD
EUR 0.0005 ordinary Sale 9,466 6.2247 GBP
EUR 0.0005 ordinary Sale 10,515 6.2296 GBP
EUR 0.0005 ordinary Sale 12,273 6.2662 GBP
EUR 0.0005 ordinary Sale 12,300 6.1945 GBP
EUR 0.0005 ordinary Sale 15,936 6.2699 GBP
EUR 0.0005 ordinary Sale 17,644 6.1989 GBP
EUR 0.0005 ordinary Sale 21,664 5.9872 GBP
EUR 0.0005 ordinary Sale 31,396 6.1882 GBP
EUR 0.0005 ordinary Sale 46,140 6.3012 GBP
EUR 0.0005 ordinary Sale 46,726 6.2527 GBP
EUR 0.0005 ordinary Sale 56,108 6.2488 GBP
EUR 0.0005 ordinary Sale 58,285 6.2102 GBP
EUR 0.0005 ordinary Sale 122,844 6.1650 GBP
EUR 0.0005 ordinary Sale 146,493 6.0000 GBP
EUR 0.0005 ordinary Sale 178,834 6.2119 GBP
EUR 0.0005 ordinary Sale 220,218 6.0660 GBP
Convertible Bond Sale 1,000,000 160.0000 USD

(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 CFD Long 101 6.3454 GBP
EUR 0.0005 ordinary SWAP Long 1,500 6.0389 GBP
EUR 0.0005 ordinary SWAP Long 2,276 5.9525 GBP
EUR 0.0005 ordinary CFD Long 2,601 6.1690 GBP
EUR 0.0005 ordinary CFD Long 3,068 6.3213 GBP
EUR 0.0005 ordinary SWAP Long 3,600 6.0489 GBP
EUR 0.0005 ordinary SWAP Long 3,617 6.3096 GBP
EUR 0.0005 ordinary CFD Long 4,260 6.3313 GBP
EUR 0.0005 ordinary SWAP Long 5,566 6.3217 GBP
EUR 0.0005 ordinary CFD Long 5,948 6.3200 GBP
EUR 0.0005 ordinary CFD Long 6,250 6.2141 GBP
EUR 0.0005 ordinary CFD Long 6,250 6.2394 GBP
EUR 0.0005 ordinary CFD Long 7,188 6.1566 GBP
EUR 0.0005 ordinary SWAP Long 7,778 6.0953 GBP
EUR 0.0005 ordinary CFD Long 7,831 6.2960 GBP
EUR 0.0005 ordinary CFD Long 9,999 6.2317 GBP
EUR 0.0005 ordinary CFD Long 10,000 6.2506 GBP
EUR 0.0005 ordinary CFD Long 10,527 6.0399 GBP
EUR 0.0005 ordinary CFD Long 12,300 6.1945 GBP
EUR 0.0005 ordinary CFD Long 12,500 6.2114 GBP
EUR 0.0005 ordinary CFD Long 21,664 5.9872 GBP
EUR 0.0005 ordinary SWAP Long 22,294 5.9812 GBP
EUR 0.0005 ordinary SWAP Long 23,167 6.3184 GBP
EUR 0.0005 ordinary CFD Long 25,000 6.3129 GBP
EUR 0.0005 ordinary SWAP Long 69,727 6.3134 GBP
EUR 0.0005 ordinary SWAP Long 130,425 6.2222 GBP
EUR 0.0005 ordinary CFD Short 91 6.1986 GBP
EUR 0.0005 ordinary SWAP Short 300 6.2967 GBP
EUR 0.0005 ordinary SWAP Short 672 6.0275 GBP
EUR 0.0005 ordinary CFD Short 1,504 6.3224 GBP
EUR 0.0005 ordinary CFD Short 1,530 6.3391 GBP
EUR 0.0005 ordinary SWAP Short 1,695 6.3220 GBP
EUR 0.0005 ordinary CFD Short 2,118 6.1987 GBP
EUR 0.0005 ordinary CFD Short 2,500 5.9904 GBP
EUR 0.0005 ordinary CFD Short 3,403 6.2133 GBP
EUR 0.0005 ordinary SWAP Short 3,422 6.3198 GBP
EUR 0.0005 ordinary CFD Short 9,222 6.0035 GBP
EUR 0.0005 ordinary CFD Short 10,000 5.9405 GBP
EUR 0.0005 ordinary SWAP Short 10,397 6.1008 GBP
EUR 0.0005 ordinary SWAP Short 11,400 6.0846 GBP
EUR 0.0005 ordinary CFD Short 25,557 6.2685 GBP
EUR 0.0005 ordinary CFD Short 83,524 6.3082 GBP
EUR 0.0005 ordinary CFD Short 86,368 6.1585 GBP
EUR 0.0005 ordinary CFD Short 115,505 6.1710 GBP
EUR 0.0005 ordinary SWAP Short 116,455 6.2223 GBP
EUR 0.0005 ordinary SWAP Short 208,340 6.1957 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: 26 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: 650304
Time of Receipt (offset from UTC): 20180626T134608+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC