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: 03 July 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: 4,374,462 0.95% 5,903,602 1.28%
           
(2) Cash-settled derivatives:
525,767 0.11% 90,963 0.02%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
 
TOTAL: 4,900,229 1.06% 5,994,565 1.30%
Class of relevant security:       Convertible Bond XS1486508887            
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 7,800,000 1.20% 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%
           
 
TOTAL: 7,800,000 1.20% 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 1 5.4440 GBP
EUR 0.0005 ordinary Purchase 3 5.4420 GBP
EUR 0.0005 ordinary Purchase 62 5.1668 GBP
EUR 0.0005 ordinary Purchase 387 5.0540 GBP
EUR 0.0005 ordinary Purchase 750 5.0680 GBP
EUR 0.0005 ordinary Purchase 1,197 5.1320 GBP
EUR 0.0005 ordinary Purchase 1,291 5.1212 GBP
EUR 0.0005 ordinary Purchase 1,848 5.1880 GBP
EUR 0.0005 ordinary Purchase 1,856 5.1840 GBP
EUR 0.0005 ordinary Purchase 2,546 5.1634 GBP
EUR 0.0005 ordinary Purchase 2,547 5.1230 GBP
EUR 0.0005 ordinary Purchase 4,544 5.1787 GBP
EUR 0.0005 ordinary Purchase 5,732 5.4685 GBP
EUR 0.0005 ordinary Purchase 7,927 5.1137 GBP
EUR 0.0005 ordinary Purchase 9,298 5.1550 GBP
EUR 0.0005 ordinary Purchase 10,939 5.0571 GBP
EUR 0.0005 ordinary Purchase 13,130 5.1232 GBP
EUR 0.0005 ordinary Purchase 16,062 5.1543 GBP
EUR 0.0005 ordinary Purchase 17,347 5.4054 GBP
EUR 0.0005 ordinary Purchase 22,000 5.1520 GBP
EUR 0.0005 ordinary Purchase 24,256 5.1746 GBP
EUR 0.0005 ordinary Purchase 25,151 5.1270 GBP
EUR 0.0005 ordinary Purchase 27,049 5.3912 GBP
EUR 0.0005 ordinary Purchase 28,435 5.0630 GBP
EUR 0.0005 ordinary Purchase 29,362 5.1143 GBP
EUR 0.0005 ordinary Purchase 29,692 5.4713 GBP
EUR 0.0005 ordinary Purchase 43,821 5.1140 GBP
EUR 0.0005 ordinary Purchase 50,000 5.1169 GBP
EUR 0.0005 ordinary Purchase 59,660 5.0520 GBP
EUR 0.0005 ordinary Purchase 121,048 5.1725 GBP
EUR 0.0005 ordinary Purchase 227,612 5.1244 GBP
EUR 0.0005 ordinary Purchase 347,255 5.1694 GBP
EUR 0.0005 ordinary Sale 4 5.3820 GBP
EUR 0.0005 ordinary Sale 171 5.4520 GBP
EUR 0.0005 ordinary Sale 500 5.0360 GBP
EUR 0.0005 ordinary Sale 925 5.4511 GBP
EUR 0.0005 ordinary Sale 956 5.1550 GBP
EUR 0.0005 ordinary Sale 1,036 5.3095 GBP
EUR 0.0005 ordinary Sale 1,124 5.4700 GBP
EUR 0.0005 ordinary Sale 1,197 5.1320 GBP
EUR 0.0005 ordinary Sale 1,218 5.4800 GBP
EUR 0.0005 ordinary Sale 1,431 5.1197 GBP
EUR 0.0005 ordinary Sale 1,848 5.1880 GBP
EUR 0.0005 ordinary Sale 1,856 5.1840 GBP
EUR 0.0005 ordinary Sale 2,109 5.1387 GBP
EUR 0.0005 ordinary Sale 2,547 5.1230 GBP
EUR 0.0005 ordinary Sale 2,676 5.1191 GBP
EUR 0.0005 ordinary Sale 2,683 5.4944 GBP
EUR 0.0005 ordinary Sale 2,951 5.0943 GBP
EUR 0.0005 ordinary Sale 3,643 5.1345 GBP
EUR 0.0005 ordinary Sale 5,140 5.1917 GBP
EUR 0.0005 ordinary Sale 5,727 5.1146 GBP
EUR 0.0005 ordinary Sale 8,033 5.1902 GBP
EUR 0.0005 ordinary Sale 8,390 5.4237 GBP
EUR 0.0005 ordinary Sale 9,303 5.1526 GBP
EUR 0.0005 ordinary Sale 9,825 5.1163 GBP
EUR 0.0005 ordinary Sale 10,369 5.1397 GBP
EUR 0.0005 ordinary Sale 12,013 5.0942 GBP
EUR 0.0005 ordinary Sale 15,749 5.4731 GBP
EUR 0.0005 ordinary Sale 20,996 5.1088 GBP
EUR 0.0005 ordinary Sale 22,000 5.1520 GBP
EUR 0.0005 ordinary Sale 29,430 5.0957 GBP
EUR 0.0005 ordinary Sale 30,231 5.1180 GBP
EUR 0.0005 ordinary Sale 30,944 5.1175 GBP
EUR 0.0005 ordinary Sale 32,256 5.1938 GBP
EUR 0.0005 ordinary Sale 33,603 5.4701 GBP
EUR 0.0005 ordinary Sale 39,783 5.1162 GBP
EUR 0.0005 ordinary Sale 40,000 5.0343 GBP
EUR 0.0005 ordinary Sale 52,175 5.2310 GBP
EUR 0.0005 ordinary Sale 66,907 5.1044 GBP
EUR 0.0005 ordinary Sale 85,696 5.1216 GBP
EUR 0.0005 ordinary Sale 122,233 5.1179 GBP
EUR 0.0005 ordinary Sale 149,228 5.1664 GBP
EUR 0.0005 ordinary Sale 172,919 5.2421 GBP
Convertible Bond Sale 400,000 126.6250 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 1,958 5.4685 GBP
EUR 0.0005 ordinary CFD Long 2,109 5.1387 GBP
EUR 0.0005 ordinary SWAP Long 2,904 5.1232 GBP
EUR 0.0005 ordinary CFD Long 3,643 5.1345 GBP
EUR 0.0005 ordinary CFD Long 3,687 5.1009 GBP
EUR 0.0005 ordinary SWAP Long 5,020 5.4019 GBP
EUR 0.0005 ordinary CFD Long 5,140 5.1917 GBP
EUR 0.0005 ordinary SWAP Long 5,143 5.0968 GBP
EUR 0.0005 ordinary CFD Long 5,727 5.1146 GBP
EUR 0.0005 ordinary CFD Long 6,347 5.1175 GBP
EUR 0.0005 ordinary SWAP Long 6,400 5.4263 GBP
EUR 0.0005 ordinary CFD Long 8,033 5.1902 GBP
EUR 0.0005 ordinary CFD Long 8,390 5.4237 GBP
EUR 0.0005 ordinary CFD Long 20,996 5.1088 GBP
EUR 0.0005 ordinary CFD Long 29,430 5.0957 GBP
EUR 0.0005 ordinary SWAP Long 32,683 5.1137 GBP
EUR 0.0005 ordinary CFD Long 40,000 5.0343 GBP
EUR 0.0005 ordinary CFD Long 60,560 5.1031 GBP
EUR 0.0005 ordinary SWAP Long 75,906 5.3085 GBP
EUR 0.0005 ordinary SWAP Long 137,439 5.1912 GBP
EUR 0.0005 ordinary CFD Long 149,228 5.1664 GBP
EUR 0.0005 ordinary CFD Short 1,000 5.0372 GBP
EUR 0.0005 ordinary CFD Short 1,000 5.0378 GBP
EUR 0.0005 ordinary CFD Short 1,000 5.0471 GBP
EUR 0.0005 ordinary CFD Short 1,000 5.0599 GBP
EUR 0.0005 ordinary CFD Short 1,000 5.0744 GBP
EUR 0.0005 ordinary CFD Short 1,000 5.0764 GBP
EUR 0.0005 ordinary CFD Short 1,000 5.0765 GBP
EUR 0.0005 ordinary CFD Short 1,000 5.0784 GBP
EUR 0.0005 ordinary CFD Short 1,000 5.0797 GBP
EUR 0.0005 ordinary CFD Short 1,000 5.0804 GBP
EUR 0.0005 ordinary CFD Short 1,000 5.0824 GBP
EUR 0.0005 ordinary CFD Short 1,000 5.1104 GBP
EUR 0.0005 ordinary CFD Short 1,000 5.1124 GBP
EUR 0.0005 ordinary CFD Short 1,000 5.1134 GBP
EUR 0.0005 ordinary CFD Short 1,000 5.1155 GBP
EUR 0.0005 ordinary CFD Short 1,000 5.1204 GBP
EUR 0.0005 ordinary CFD Short 1,000 5.1262 GBP
EUR 0.0005 ordinary CFD Short 1,000 5.1304 GBP
EUR 0.0005 ordinary CFD Short 1,000 5.1313 GBP
EUR 0.0005 ordinary CFD Short 1,000 5.1344 GBP
EUR 0.0005 ordinary CFD Short 1,000 5.1345 GBP
EUR 0.0005 ordinary CFD Short 1,000 5.1364 GBP
EUR 0.0005 ordinary CFD Short 1,000 5.1380 GBP
EUR 0.0005 ordinary SWAP Short 1,291 5.1212 GBP
EUR 0.0005 ordinary SWAP Short 11,024 5.3992 GBP
EUR 0.0005 ordinary CFD Short 17,347 5.4054 GBP
EUR 0.0005 ordinary CFD Short 27,049 5.3912 GBP
EUR 0.0005 ordinary CFD Short 29,362 5.1143 GBP
EUR 0.0005 ordinary SWAP Short 31,893 5.1267 GBP
EUR 0.0005 ordinary SWAP Short 35,439 5.1326 GBP
EUR 0.0005 ordinary SWAP Short 36,529 5.1205 GBP
EUR 0.0005 ordinary CFD Short 121,431 5.1144 GBP
EUR 0.0005 ordinary SWAP Short 130,427 5.1929 GBP
EUR 0.0005 ordinary SWAP Short 157,697 5.1940 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: 4 Jul 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: 650894
Time of Receipt (offset from UTC): 20180704T131439+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC