Form 8.3 - ECHOSTAR CORPORATION - 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 interests and short positions disclosed, if different from 1(a):

The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.

   
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

 

ECHOSTAR CORPORATION

(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:

For an opening position disclosure, state the latest practicable date prior to the disclosure

 

25 June 2018

(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

If it is a cash offer or possible cash offer, state “N/A”

 

YES INMARSAT PLC

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:       USD 0.001 Class A common            
Interests   Short Positions  
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 40,091 0.08% 41,741 0.09%
           
(2) Cash-settled derivatives:
38,500 0.08% 0 0.00%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 6,500 0.01% 0 0.00%
           
(4)
TOTAL: 85,091 0.18% 41,741 0.09%

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.

 

 

 

       
(a) Purchases and sales    
Class of relevant Purchase/sale Number of Price per unit
security   securities  
USD 0.001 Class A common Purchase 4 45.2500 USD
USD 0.001 Class A common Purchase 60 45.4400 USD
USD 0.001 Class A common Purchase 100 45.3800 USD
USD 0.001 Class A common Purchase 100 45.2900 USD
USD 0.001 Class A common Purchase 130 45.3178 USD
USD 0.001 Class A common Purchase 180 45.5200 USD
USD 0.001 Class A common Purchase 183 45.1200 USD
USD 0.001 Class A common Purchase 198 45.3100 USD
USD 0.001 Class A common Purchase 198 45.5049 USD
USD 0.001 Class A common Purchase 200 45.3497 USD
USD 0.001 Class A common Purchase 297 45.2529 USD
USD 0.001 Class A common Purchase 376 45.4290 USD
USD 0.001 Class A common Purchase 417 45.3000 USD
USD 0.001 Class A common Purchase 700 45.3246 USD
USD 0.001 Class A common Purchase 1,203 45.3026 USD
USD 0.001 Class A common Purchase 1,800 45.2369 USD
USD 0.001 Class A common Purchase 2,500 45.2615 USD
USD 0.001 Class A common Purchase 2,931 45.3038 USD
USD 0.001 Class A common Purchase 9,931 45.3016 USD
USD 0.001 Class A common Sale 5 45.3600 USD
USD 0.001 Class A common Sale 56 45.4500 USD
USD 0.001 Class A common Sale 58 45.2579 USD
USD 0.001 Class A common Sale 60 45.4400 USD
USD 0.001 Class A common Sale 100 45.2800 USD
USD 0.001 Class A common Sale 100 45.2900 USD
USD 0.001 Class A common Sale 117 45.3000 USD
USD 0.001 Class A common Sale 130 45.3178 USD
USD 0.001 Class A common Sale 167 45.1220 USD
USD 0.001 Class A common Sale 233 45.2945 USD
USD 0.001 Class A common Sale 300 45.3233 USD
USD 0.001 Class A common Sale 375 45.4300 USD
USD 0.001 Class A common Sale 400 45.2912 USD
USD 0.001 Class A common Sale 483 45.2318 USD
USD 0.001 Class A common Sale 618 45.3042 USD
USD 0.001 Class A common Sale 900 45.3050 USD
USD 0.001 Class A common Sale 1,400 45.2214 USD
USD 0.001 Class A common Sale 1,600 45.2370 USD
USD 0.001 Class A common Sale 2,413 45.3068 USD
USD 0.001 Class A common Sale 2,800 45.3209 USD
USD 0.001 Class A common Sale 9,075 45.3037 USD

(b) Cash-settled derivative transactions

Class of relevant security   Product description

e.g. CFD

  Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position

  Number of reference securities   Price per unit

(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?  

YES

Date of disclosure:  

2 July 2018

Contact name:

Femi Badmos

Telephone number:

020 3555 1125

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. 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.

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the “Code”)

1. KEY INFORMATION

Full name of person making disclosure:  

Barclays PLC.

Name of offeror/offeree in relation to whose relevant securities the disclosure relates:

ECHOSTAR CORPORATION

2. STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)

Class   Product   Writing,   Number   Exercise   Type   Expiry
of description purchasing, of price date
relevant selling, securities per unit
security varying etc to which
option
      relates      
USD 0.001 Class A common Call Options Purchased 5,400 45.0000 American 20 Jul 2018
USD 0.001 Class A common Call Options Purchased 1,100 50.0000 American 20 Jul 2018

3. AGREEMENTS TO PURCHASE OR SELL ETC.

Full details should be given so that the nature of the interest or position can be fully understood:

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.

The currency of all prices and other monetary amounts should be stated.

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: 650672
Time of Receipt (offset from UTC): 20180702T162429+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC