Form 8.3 - ECHOSTAR - 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 ECHOSTAR CORPORATION
    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?   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: 21,284 0.04% 36,463 0.08%
                     
(2) Cash-settled derivatives:
32,000 0.07% 0 0.00%
                     
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 6,500 0.01% 0 0.00%
                     
(4)
TOTAL: 59,784 0.12% 36,463 0.08%

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    
USD 0.001 Class A common   Purchase   26   44.3500 USD
USD 0.001 Class A common   Purchase   30   45.1900 USD
USD 0.001 Class A common   Purchase   93   45.2000 USD
USD 0.001 Class A common   Purchase   100   44.4399 USD
USD 0.001 Class A common   Purchase   100   45.2100 USD
USD 0.001 Class A common   Purchase   107   44.6946 USD
USD 0.001 Class A common   Purchase   170   45.1629 USD
USD 0.001 Class A common   Purchase   182   44.8980 USD
USD 0.001 Class A common   Purchase   190   44.7226 USD
USD 0.001 Class A common   Purchase   200   45.0350 USD
USD 0.001 Class A common   Purchase   200   44.9737 USD
USD 0.001 Class A common   Purchase   300   44.8833 USD
USD 0.001 Class A common   Purchase   300   44.7233 USD
USD 0.001 Class A common   Purchase   310   44.9763 USD
USD 0.001 Class A common   Purchase   400   44.8150 USD
USD 0.001 Class A common   Purchase   548   44.8500 USD
USD 0.001 Class A common   Purchase   900   44.9550 USD
USD 0.001 Class A common   Purchase   974   44.9312 USD
USD 0.001 Class A common   Purchase   996   44.8946 USD
USD 0.001 Class A common   Purchase   1,200   44.8343 USD
USD 0.001 Class A common   Purchase   1,389   45.0600 USD
USD 0.001 Class A common   Purchase   2,100   44.8860 USD
USD 0.001 Class A common   Purchase   5,087   44.9834 USD
USD 0.001 Class A common   Sale   100   44.9500 USD
USD 0.001 Class A common   Sale   200   44.7200 USD
USD 0.001 Class A common   Sale   200   44.5150 USD
USD 0.001 Class A common   Sale   300   44.7700 USD
USD 0.001 Class A common   Sale   300   44.9566 USD
USD 0.001 Class A common   Sale   300   44.7233 USD
USD 0.001 Class A common   Sale   400   45.1000 USD
USD 0.001 Class A common   Sale   510   44.9221 USD
USD 0.001 Class A common   Sale   548   44.8500 USD
USD 0.001 Class A common   Sale   600   44.8458 USD
USD 0.001 Class A common   Sale   600   44.9541 USD
USD 0.001 Class A common   Sale   600   44.8229 USD
USD 0.001 Class A common   Sale   886   44.9283 USD
USD 0.001 Class A common   Sale   1,200   44.8343 USD
USD 0.001 Class A common   Sale   1,389   45.0600 USD
USD 0.001 Class A common   Sale   1,700   44.9070 USD
USD 0.001 Class A common   Sale   4,687   45.0147 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”

 

(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”

 

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?   YES
Date of disclosure:   5 Jul 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.

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

Identity of the person whose positions/dealings   Barclays PLC.
are being disclosed:    
Name of offeror/offeree in relation to whose ECHOSTAR CORPORATION
relevant securities this from relates:    

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: 650988
Time of Receipt (offset from UTC): 20180705T190354+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC