12 Jun 2018 15:31
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: | Brewin Dolphin Limited |
(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 | Inmarsat Plc |
(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 | 11/06/18 |
(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" | No |
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:
| ORD EUR0.0005 | |||
| Interests | Short positions | ||
Number | % | Number | % | |
(1) Relevant securities owned and/or controlled: | 4,604,996 | 0.9977 | ||
(2) Cash-settled derivatives:
| ||||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | ||||
TOTAL: | 4,604,996 Difference of 72,397 due to transfers In/Out since previous disclosure | 0.9977 | ||
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 security | Purchase/sale
| Number of securities | Price per unit |
ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 ORD EUR0.0005 | Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale | 4350 760 590 2220 1700 1000 1295 2000 1550 1500 900 2650 900 500 300 1000 1621 1081 3800 1182 1700 540 1300 1081 1756 2027 810 810 2297 1312 878 825 810 700 1500 690 700 4200 945 1351 2100 700 675 1250 810 3400 835 743 675 3378 700 2930 300 725 855 1125 1350 1430 690 3225 500 2150 770 1720 1075 575 1705 3715 3428 1046 1293 1400 1710 1446 4000 1351 996 1012 1373 1313 1500 1431 3397 2001 2000 1902 1085 2583 2737 2236 2430 1200 3199 3814 350 750 750 1000 2000 1875 1750 890 1300 575 560 900 1500 1300 1400 660 | 530.701p 529.25p 529.25p 529.25p 529.25p 534.23p 534.23p 534.23p 534.23p 534.23p 534.23p 534.23p 534.23p 534.23p 534.23p 534.23p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 532.2p 533.22p 533.22p 533.22p 533.22p 533.22p 533.22p 533.22p 533.22p 533.22p 533.22p 533.22p 533.22p 533.22p 533.22p 532.7p 532.64566p 532.64566p 532.64566p 532.64566p 532.64566p 532.64566p 532.64566p 532.64566p 532.64566p 532.64566p 532.64566p 532.64566p 532.64566p 532.64566p 532.64566p 532.64566p 532.64566p 532.64566p 532.64566p 532.64566p 632.64566p 532.64566p 532.64566p 532.64566p 532.64566p 532.64566p 532.64566p 532.64566p 532.64566p 534.9p 534.9p 533.8p 533.8p 533.8p 533.8p 533.8p 533.8p 533.8p 533.8p 533.8p 533.8p 533.8p 533.8p 528.1p |
(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? | No |
Date of disclosure: | 12/06/18 |
Contact name: | Lee Jemmerson Chartered MCSI |
Telephone number: | 0191 279 7334 |
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.