TIDMISAT

RNS Number : 6862W

JPMorgan Securities Plc

18 April 2019

AMMENT

INCREASED EQUITY PURCHASES BY 23,898 TO 6,194,953

DECREASED EQUITY SALES BY 1,078,485 TO 6,015,663

ADDED EQUITY SWAP PURCHASES OF 65

ADDED EQUITY SWAP SALES OF 58,698

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the "Code")

   1.         KEY INFORMATION 
 
 (a) Name of exempt principal trader:                                                J.P. Morgan Securities Plc 
 (b) Name of offeror/offeree in relation to whose relevant securities this form      Inmarsat plc 
 relates: 
 Use a separate form for each offeror/offeree 
                                                                                    ---------------------------------- 
 (c) Name of the party to the offer with which exempt principal trader is            Financial Advisor to Inmarsat plc 
 connected: 
                                                                                    ---------------------------------- 
 (d) Date dealing undertaken:                                                        03 April 2019 
                                                                                    ---------------------------------- 
 (e) In addition to the company in 1(b) above, is the exempt principal trader        N/A 
 making disclosures 
 in respect of any other party to this offer? 
 If it is a cash offer or possible cash offer, state "N/A" 
                                                                                    ---------------------------------- 
 
   2.         DEALINGS BY THE EXEMPT PRINCIPAL TRADER 

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(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      Purchases/ sales       Total number of       Highest price per unit   Lowest price per unit 
        security                                   securities              paid/received            paid/received 
     Ordinary Share           Purchase              6,194,953                5.5037 GBP               5.4120 GBP 
 
                                Sale                6,015,663                5.4873 GBP               5.4100 GBP 
                         -----------------  ------------------------  -----------------------  ----------------------- 
 
 
   Class of relevant      Purchases/ sales       Total number of       Highest price per unit   Lowest price per unit 
        security                                   securities              paid/received            paid/received 
    Convertible Bond          Purchase               400,000                149.2400 USD             149.2400 USD 
                         -----------------  ------------------------  -----------------------  ----------------------- 
 
   (b)        Cash-settled derivative transactions 
 
    Class of relevant       Product description      Nature of dealing         Number of reference      Price per unit 
         security                 e.g. CFD         e.g. opening/closing a           securities 
                                                    long/short position, 
                                                   increasing/reducing a 
                                                    long/short position 
      Ordinary Share            Equity Swap                 Long                      22,520              5.4146 GBP 
                                                                                       5,970              5.4178 GBP 
                                                                                      142,143             5.4180 GBP 
                                                                                      84,238              5.4201 GBP 
                                                                                       6,831              5.4250 GBP 
                                                                                      14,362              5.4274 GBP 
                                                                                      80,602              5.4326 GBP 
                                                                                        417               5.4335 GBP 
                                                                                       9,800              5.4341 GBP 
                                                                                       2,215              5.4356 GBP 
                                                                                     2,850,390            5.4400 GBP 
                                                                                        65                7.1510 USD 
 
                                                            Short                       207               5.4180 GBP 
                                                                                      25,635              5.4182 GBP 
                                                                                      15,471              5.4215 GBP 
                                                                                       1,699              5.4225 GBP 
                                                                                       1,000              5.4240 GBP 
                                                                                      132,159             5.4275 GBP 
                                                                                       3,987              5.4291 GBP 
                                                                                      86,660              5.4293 GBP 
                                                                                       6,383              5.4301 GBP 
                                                                                      17,142              5.4310 GBP 
                                                                                      12,243              5.4313 GBP 
                                                                                       5,891              5.4319 GBP 
                                                                                        156               5.4320 GBP 
                                                                                        58                5.4334 GBP 
                                                                                       8,443              5.4340 GBP 
                                                                                      73,760              5.4343 GBP 
                                                                                         9                5.4345 GBP 
                                                                                       1,467              5.4379 GBP 
                                                                                     1,520,747            5.4400 GBP 
                                                                                       1,387              5.4402 GBP 
                                                                                      40,447              5.4406 GBP 
                                                                                       7,460              5.4412 GBP 
                                                                                        507               5.4444 GBP 
                                                                                       1,168              5.4466 GBP 
                                                                                       1,386              5.4484 GBP 
                                                                                      173,647             5.4820 GBP 
                                                                                      34,800              7.1402 USD 
                                                                                      34,800              7.1408 USD 
                                                                                      120,000             7.1536 USD 
                                                                                       3,898              7.1725 USD 
                           --------------------  -------------------------  -------------------------  --------------- 
 
   (c)        Stock-settled derivative transactions (including options) 
   (i)         Writing, selling, purchasing or varying 
 
   Class of       Product        Writing,      Number of       Exercise          Type       Expiry date   Option money 
   relevant     description    purchasing,     securities      price per         e.g.                        paid/ 
   security      e.g. call       selling,       to which         unit         American,                   received per 
                   option      varying etc.      option                        European                       unit 
                                                relates                          etc. 
 
 
   (ii)        Exercise 
 
   Class of relevant      Product description   Exercising/ exercised    Number of securities     Exercise price per 
        security            e.g. call option           against                                           unit 
 
 
   (d)        Other dealings (including subscribing for new securities) 
 
 Class of relevant security         Nature of dealing          Details   Price per unit (if applicable) 
                               e.g. subscription, conversion 
 
 
   3.         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 exempt principal trader 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 exempt 
  principal trader 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 
 
 
 Date of disclosure:    18 April 2019 
 Contact name:          Alwyn Basch 
                       -------------- 
 Telephone number:      020 7742 7407 
                       -------------- 
 

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 dealing disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

FERDMGMDDRLGLZM

(END) Dow Jones Newswires

April 18, 2019 10:50 ET (14:50 GMT)

Inmarsat (LSE:ISAT)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024 Haga Click aquí para más Gráficas Inmarsat.
Inmarsat (LSE:ISAT)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024 Haga Click aquí para más Gráficas Inmarsat.