Inmarsat Plc (LON:ISAT)

Inmarsat Plc (LON:ISAT)


Share Price
545.60 p
Change
4.6 (0.85 %)
Market Cap
£2,529.30 m
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Inmarsat Plc RNS Release

Form 8.5 (EPT/RI)- Inmarsat plc


RNS Number : 6384W
JPMorgan Securities Plc
18 April 2019
 

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 relates:

     Use a separate form for each offeror/offeree

Inmarsat plc

(c) Name of the party to the offer with which exempt principal trader is connected:

Financial Advisor to Inmarsat plc

(d) Date dealing undertaken:

17 April 2019

(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?

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

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 security

Purchases/ sales

 

Total number of securities

Highest price per unit paid/received

Lowest price per unit paid/received

Ordinary Share

 

 

Purchase

 

Sale

630,098

 

430,762

5.5000 GBP

 

5.5000 GBP

5.4500 GBP

 

5.4535 GBP

 

(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

Ordinary Share

Equity Swap

Long

 

 

 

 

 

 

 

 

 

 

 

 

Short

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5,205

1,171

1,093

1,403

675

11,705

17,281

1,534

48,470

3,392

1,748

17

 

40,434

3,289

1,545

2,182

2,622

145

16,259

18,893

3,098

5,558

5,699

3,925

21,141

345

7,161

5,294

1,641

697

28,038

1,556

8,269

3,225

668

2,685

42,057

2,094

652

168

5.4635 GBP

5.4636 GBP

5.4663 GBP

5.4673 GBP

5.4705 GBP

5.4710 GBP

5.4727 GBP

5.4737 GBP

5.4746 GBP

5.4810 GBP

5.4818 GBP

5.4874 GBP

 

5.4620 GBP

5.4623 GBP

5.4630 GBP

5.4663 GBP

5.4701 GBP

5.4702 GBP

5.4708 GBP

5.4710 GBP

5.4717 GBP

5.4729 GBP

5.4733 GBP

5.4737 GBP

5.4738 GBP

5.4740 GBP

5.4741 GBP

5.4743 GBP

5.4752 GBP

5.4763 GBP

5.4765 GBP

5.4773 GBP

5.4774 GBP

5.4775 GBP

5.4777 GBP

5.4780 GBP

5.4792 GBP

5.4818 GBP

5.4871 GBP

5.4883 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)


 

 



 

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 [email protected] or visit www.rns.com.
 
END
 
 
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