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Form 8.3 - Inmarsat PLC

3 Jul 2018 15:00

RNS Number : 4628T
Citadel Group
03 July 2018
 

 

 

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:

Citadel Group

(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

02 July, 2018

(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"

ECHOSTAR CORP

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:

Common Stock ISIN GB00B09LSH68

Interests

Short Positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

0

0.00

72,058

0.02

(2) Cash-settled derivatives:

8,293,871

1.80

382,940

0.08

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

0

0.00

0

0.00

TOTAL:

8,293,871

1.80

454,998

0.10

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

ISIN GB00B09LSH68

Purchase/sale

Number of securities

Price per unit

Common Stock

Purchase

1,320

5.41 GBP

Common Stock

Purchase

310

5.412 GBP

Common Stock

Purchase

446

5.414 GBP

Common Stock

Purchase

828

5.416 GBP

Common Stock

Purchase

4,301

5.432 GBP

Common Stock

Purchase

1,408

5.436 GBP

Common Stock

Purchase

1,684

5.438 GBP

Common Stock

Purchase

7,007

5.44 GBP

Common Stock

Purchase

26,428

5.442 GBP

Common Stock

Purchase

10,218

5.444 GBP

Common Stock

Purchase

71

5.445 GBP

Common Stock

Purchase

13,529

5.446 GBP

Common Stock

Purchase

15,166

5.448 GBP

Common Stock

Purchase

32,976

5.45 GBP

Common Stock

Purchase

3,468

5.4508 GBP

Common Stock

Purchase

446

5.451 GBP

Common Stock

Purchase

20,360

5.452 GBP

Common Stock

Purchase

17,512

5.454 GBP

Common Stock

Purchase

19,008

5.456 GBP

Common Stock

Purchase

18,511

5.458 GBP

Common Stock

Purchase

15,942

5.46 GBP

Common Stock

Purchase

6,276

5.462 GBP

Common Stock

Purchase

9,817

5.464 GBP

Common Stock

Purchase

2,781

5.466 GBP

Common Stock

Purchase

3,648

5.468 GBP

Common Stock

Purchase

2,377

5.47 GBP

Common Stock

Purchase

3,323

5.472 GBP

Common Stock

Purchase

247

5.474 GBP

Common Stock

Purchase

12,795

5.48 GBP

Common Stock

Purchase

6,050

5.482 GBP

Common Stock

Purchase

8,170

5.484 GBP

Common Stock

Purchase

6,326

5.486 GBP

Common Stock

Purchase

6,935

5.488 GBP

Common Stock

Purchase

155

5.489 GBP

Common Stock

Purchase

23,247

5.49 GBP

Common Stock

Purchase

13,103

5.492 GBP

Common Stock

Purchase

160

5.493 GBP

Common Stock

Purchase

1,432

5.494 GBP

Common Stock

Purchase

1,216

5.495 GBP

Common Stock

Purchase

21,648

5.496 GBP

Common Stock

Purchase

657

5.497 GBP

Common Stock

Purchase

8,381

5.498 GBP

Common Stock

Purchase

9,355

5.5 GBP

Common Stock

Purchase

10,717

5.502 GBP

Common Stock

Purchase

6,817

5.504 GBP

Common Stock

Purchase

8,283

5.506 GBP

Common Stock

Purchase

7,400

5.508 GBP

Common Stock

Purchase

12,568

5.51 GBP

Common Stock

Purchase

758

5.511 GBP

Common Stock

Purchase

12,471

5.512 GBP

Common Stock

Purchase

9,178

5.514 GBP

Common Stock

Purchase

5,029

5.516 GBP

Common Stock

Purchase

9,162

5.518 GBP

Common Stock

Purchase

11,564

5.52 GBP

Common Stock

Purchase

3,363

5.522 GBP

Common Stock

Purchase

2,214

5.524 GBP

Common Stock

Purchase

4,526

5.526 GBP

Common Stock

Purchase

2,183

5.528 GBP

Common Stock

Purchase

2,850

5.53 GBP

Common Stock

Purchase

3,562

5.532 GBP

Common Stock

Purchase

2,331

5.534 GBP

Common Stock

Purchase

1,018

5.536 GBP

Common Stock

Purchase

1,975

5.538 GBP

Common Stock

Purchase

192

5.54 GBP

Common Stock

Purchase

2,799

5.542 GBP

Common Stock

Purchase

1,347

5.544 GBP

Common Stock

Purchase

657

5.548 GBP

Common Stock

Purchase

3,708

5.55 GBP

Common Stock

Purchase

129

5.552 GBP

Common Stock

Purchase

4,316

5.554 GBP

Common Stock

Purchase

885

5.556 GBP

Common Stock

Purchase

972

5.558 GBP

Common Stock

Purchase

1,725

5.56 GBP

Common Stock

Purchase

550

5.562 GBP

Common Stock

Purchase

6,289

5.564 GBP

Common Stock

Purchase

1,004

5.568 GBP

Common Stock

Purchase

1,477

5.57 GBP

Common Stock

Purchase

700

5.578 GBP

Common Stock

Purchase

693

5.582 GBP

Common Stock

Sale

-3,287

5.4 GBP

Common Stock

Sale

-1,636

5.401 GBP

Common Stock

Sale

-1,703

5.402 GBP

Common Stock

Sale

-123

5.404 GBP

Common Stock

Sale

-2,310

5.41 GBP

Common Stock

Sale

-3,480

5.412 GBP

Common Stock

Sale

-449

5.418 GBP

Common Stock

Sale

-2,908

5.42 GBP

Common Stock

Sale

-3,296

5.422 GBP

Common Stock

Sale

-1,547

5.428 GBP

Common Stock

Sale

-9,302

5.43 GBP

Common Stock

Sale

-2,006

5.4316 GBP

Common Stock

Sale

-145

5.432 GBP

Common Stock

Sale

-4,233

5.434 GBP

Common Stock

Sale

-2,447

5.436 GBP

Common Stock

Sale

-7,921

5.438 GBP

Common Stock

Sale

-21,028

5.44 GBP

Common Stock

Sale

-5,318

5.442 GBP

Common Stock

Sale

-33,361

5.444 GBP

Common Stock

Sale

-26,053

5.446 GBP

Common Stock

Sale

-1,208

5.447 GBP

Common Stock

Sale

-20,311

5.448 GBP

Common Stock

Sale

-38,532

5.45 GBP

Common Stock

Sale

-19,139

5.452 GBP

Common Stock

Sale

-15,645

5.454 GBP

Common Stock

Sale

-2,001

5.4552 GBP

Common Stock

Sale

-11,292

5.456 GBP

Common Stock

Sale

-809

5.457 GBP

Common Stock

Sale

-12,191

5.458 GBP

Common Stock

Sale

-17,040

5.46 GBP

Common Stock

Sale

-1,026

5.461 GBP

Common Stock

Sale

-1,488

5.462 GBP

Common Stock

Sale

-1,138

5.463 GBP

Common Stock

Sale

-8,362

5.464 GBP

Common Stock

Sale

-7,831

5.466 GBP

Common Stock

Sale

-12,543

5.468 GBP

Common Stock

Sale

-8,044

5.47 GBP

Common Stock

Sale

-1,168

5.472 GBP

Common Stock

Sale

-2,047

5.474 GBP

Common Stock

Sale

-11,712

5.476 GBP

Common Stock

Sale

-4,353

5.478 GBP

Common Stock

Sale

-726

5.479 GBP

Common Stock

Sale

-19,029

5.48 GBP

Common Stock

Sale

-12,747

5.482 GBP

Common Stock

Sale

-7,994

5.484 GBP

Common Stock

Sale

-10,007

5.486 GBP

Common Stock

Sale

-8,381

5.488 GBP

Common Stock

Sale

-15,585

5.49 GBP

Common Stock

Sale

-2,442

5.492 GBP

Common Stock

Sale

-8,276

5.494 GBP

Common Stock

Sale

-6,885

5.496 GBP

Common Stock

Sale

-6,815

5.498 GBP

Common Stock

Sale

-14,140

5.5 GBP

Common Stock

Sale

-2,785

5.501 GBP

Common Stock

Sale

-3,394

5.502 GBP

Common Stock

Sale

-21,157

5.504 GBP

Common Stock

Sale

-10,207

5.5045 GBP

Common Stock

Sale

-11,975

5.506 GBP

Common Stock

Sale

-12,510

5.508 GBP

Common Stock

Sale

-1,590

5.509 GBP

Common Stock

Sale

-12,709

5.51 GBP

Common Stock

Sale

-6,299

5.512 GBP

Common Stock

Sale

-1,457

5.513 GBP

Common Stock

Sale

-11,555

5.514 GBP

Common Stock

Sale

-5,202

5.516 GBP

Common Stock

Sale

-1,145

5.518 GBP

Common Stock

Sale

-310

5.519 GBP

Common Stock

Sale

-1,811

5.52 GBP

Common Stock

Sale

-1,999

5.522 GBP

Common Stock

Sale

-5,260

5.524 GBP

Common Stock

Sale

-5,835

5.526 GBP

Common Stock

Sale

-1,109

5.528 GBP

Common Stock

Sale

-438

5.53 GBP

Common Stock

Sale

-2,910

5.532 GBP

Common Stock

Sale

-4,535

5.534 GBP

Common Stock

Sale

-3,978

5.536 GBP

Common Stock

Sale

-384

5.538 GBP

Common Stock

Sale

-1,221

5.542 GBP

Common Stock

Sale

-2,864

5.546 GBP

Common Stock

Sale

-2,421

5.548 GBP

Common Stock

Sale

-585

5.55 GBP

Common Stock

Sale

-451

5.554 GBP

Common Stock

Sale

-499

5.562 GBP

Common Stock

Sale

-951

5.564 GBP

Common Stock

Sale

-400

5.566 GBP

Common Stock

Sale

-562

5.568 GBP

Common Stock

Sale

-2,008

5.57 GBP

(b) Cash-settled derivative transactions

Class of relevant security

 

ISIN GB00B09LSH68

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

Common Stock

CFD

Increasing long position

134

5.444 GBP

Common Stock

CFD

Increasing long position

535

5.444 GBP

Common Stock

CFD

Increasing long position

544

5.444 GBP

Common Stock

CFD

Increasing long position

2,177

5.444 GBP

Common Stock

CFD

Increasing long position

10,753

5.445935 GBP

Common Stock

CFD

Increasing long position

43,761

5.445936 GBP

Common Stock

CFD

Increasing long position

133

5.446047 GBP

Common Stock

CFD

Increasing long position

33

5.446052 GBP

Common Stock

CFD

Increasing long position

1,910

5.446141 GBP

Common Stock

CFD

Increasing long position

7,642

5.446144 GBP

Common Stock

CFD

Increasing long position

7,775

5.446144 GBP

Common Stock

CFD

Increasing long position

31,098

5.446144 GBP

Common Stock

CFD

Increasing short position

-3,533

5.444 GBP

Common Stock

CFD

Increasing short position

-31

5.45 GBP

Common Stock

CFD

Reducing short position

2,841

5.451288 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:

03 July, 2018

 Contact name:

Alasdair Putt

 Telephone number:

020 7645 9700

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.

 

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
 
 
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