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Form 8.3 - [Inmarsat PLC]

13 Jun 2018 15:00

RNS Number : 2939R
Citadel Group
13 June 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

12 June, 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:

153,366

0.03

0

0.00

(2) Cash-settled derivatives:

8,837,402

1.91

736,036

0.16

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

0

0.00

0

0.00

TOTAL:

8,990,768

1.95

736,036

0.16

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

700

5.132 GBP

Common Stock

Purchase

21

5.134 GBP

Common Stock

Purchase

650

5.136 GBP

Common Stock

Purchase

315

5.137 GBP

Common Stock

Purchase

814

5.138 GBP

Common Stock

Purchase

4,210

5.14 GBP

Common Stock

Purchase

3,226

5.142 GBP

Common Stock

Purchase

630

5.143 GBP

Common Stock

Purchase

9,178

5.144 GBP

Common Stock

Purchase

139

5.145 GBP

Common Stock

Purchase

2,871

5.146 GBP

Common Stock

Purchase

3,013

5.148 GBP

Common Stock

Purchase

5,345

5.15 GBP

Common Stock

Purchase

60,440

5.152 GBP

Common Stock

Purchase

6,543

5.154 GBP

Common Stock

Purchase

2,929

5.156 GBP

Common Stock

Purchase

812

5.158 GBP

Common Stock

Purchase

300

5.16 GBP

Common Stock

Purchase

400

5.162 GBP

Common Stock

Purchase

567

5.178 GBP

Common Stock

Purchase

2,095

5.18 GBP

Common Stock

Purchase

2

5.182 GBP

Common Stock

Purchase

140

5.198 GBP

Common Stock

Purchase

7,773

5.2 GBP

Common Stock

Purchase

1,699

5.202 GBP

Common Stock

Purchase

2,456

5.204 GBP

Common Stock

Purchase

1,328

5.216 GBP

Common Stock

Purchase

617

5.218 GBP

Common Stock

Purchase

2,086

5.22 GBP

Common Stock

Purchase

9,155

5.222 GBP

Common Stock

Purchase

967

5.224 GBP

Common Stock

Purchase

12,970

5.226 GBP

Common Stock

Purchase

12,647

5.228 GBP

Common Stock

Purchase

945

5.23 GBP

Common Stock

Purchase

1,292

5.232 GBP

Common Stock

Purchase

1,706

5.234 GBP

Common Stock

Purchase

1,696

5.238 GBP

Common Stock

Purchase

966

5.24 GBP

Common Stock

Purchase

3,561

5.242 GBP

Common Stock

Purchase

1,868

5.244 GBP

Common Stock

Purchase

910

5.246 GBP

Common Stock

Purchase

13,077

5.25 GBP

Common Stock

Purchase

3,416

5.252 GBP

Common Stock

Purchase

25,270

5.254 GBP

Common Stock

Purchase

5,995

5.256 GBP

Common Stock

Purchase

10,406

5.258 GBP

Common Stock

Purchase

25,815

5.26 GBP

Common Stock

Purchase

18,478

5.262 GBP

Common Stock

Purchase

7,689

5.264 GBP

Common Stock

Purchase

1,845

5.266 GBP

Common Stock

Purchase

6,042

5.268 GBP

Common Stock

Purchase

3,356

5.27 GBP

Common Stock

Purchase

2,587

5.271 GBP

Common Stock

Purchase

419

5.272 GBP

Common Stock

Purchase

1,634

5.276 GBP

Common Stock

Purchase

5,600

5.28 GBP

Common Stock

Purchase

10,335

5.282 GBP

Common Stock

Purchase

1,692

5.284 GBP

Common Stock

Purchase

2,407

5.286 GBP

Common Stock

Purchase

5,767

5.288 GBP

Common Stock

Purchase

80

5.29 GBP

Common Stock

Purchase

5,352

5.292 GBP

Common Stock

Purchase

3,184

5.294 GBP

Common Stock

Purchase

3,362

5.296 GBP

Common Stock

Purchase

8,164

5.298 GBP

Common Stock

Purchase

23

5.3 GBP

Common Stock

Purchase

4,095

5.302 GBP

Common Stock

Purchase

4,557

5.304 GBP

Common Stock

Purchase

2,612

5.306 GBP

Common Stock

Purchase

1,087

5.308 GBP

Common Stock

Purchase

500

5.31 GBP

Common Stock

Purchase

4,595

5.312 GBP

Common Stock

Purchase

2,025

5.314 GBP

Common Stock

Purchase

1,504

5.316 GBP

Common Stock

Purchase

11,414

5.318 GBP

Common Stock

Purchase

3,862

5.32 GBP

Common Stock

Purchase

8,738

5.322 GBP

Common Stock

Purchase

3,711

5.324 GBP

Common Stock

Purchase

9,657

5.326 GBP

Common Stock

Purchase

9,101

5.328 GBP

Common Stock

Purchase

5,544

5.33 GBP

Common Stock

Purchase

3,904

5.332 GBP

Common Stock

Purchase

4,208

5.334 GBP

Common Stock

Purchase

8,025

5.336 GBP

Common Stock

Purchase

16,332

5.338 GBP

Common Stock

Purchase

7,474

5.3384 GBP

Common Stock

Purchase

4,709

5.3392 GBP

Common Stock

Purchase

40,237

5.34 GBP

Common Stock

Purchase

9,973

5.342 GBP

Common Stock

Purchase

3,071

5.344 GBP

Common Stock

Purchase

2,835

5.345 GBP

Common Stock

Purchase

8,319

5.346 GBP

Common Stock

Purchase

2,318

5.3468 GBP

Common Stock

Purchase

2,242

5.347 GBP

Common Stock

Purchase

5,548

5.348 GBP

Common Stock

Purchase

4,450

5.3488 GBP

Common Stock

Purchase

39,464

5.35 GBP

Common Stock

Purchase

2,190

5.3508 GBP

Common Stock

Purchase

2,119

5.3516 GBP

Common Stock

Purchase

10,890

5.352 GBP

Common Stock

Purchase

808

5.353 GBP

Common Stock

Purchase

2,456

5.3532 GBP

Common Stock

Purchase

14,739

5.354 GBP

Common Stock

Purchase

2,996

5.3548 GBP

Common Stock

Purchase

2,601

5.3552 GBP

Common Stock

Purchase

6,837

5.356 GBP

Common Stock

Purchase

597

5.357 GBP

Common Stock

Purchase

3,274

5.358 GBP

Common Stock

Purchase

21,878

5.36 GBP

Common Stock

Purchase

11,416

5.362 GBP

Common Stock

Purchase

10,674

5.364 GBP

Common Stock

Purchase

7,260

5.366 GBP

Common Stock

Purchase

7,161

5.368 GBP

Common Stock

Purchase

562

5.369 GBP

Common Stock

Purchase

23,233

5.37 GBP

Common Stock

Purchase

4,702

5.372 GBP

Common Stock

Purchase

11,220

5.374 GBP

Common Stock

Purchase

2,000

5.376 GBP

Common Stock

Purchase

11,224

5.378 GBP

Common Stock

Purchase

12,229

5.38 GBP

Common Stock

Purchase

1,134

5.382 GBP

Common Stock

Purchase

4,158

5.384 GBP

Common Stock

Purchase

5,189

5.386 GBP

Common Stock

Purchase

2,174

5.3868 GBP

Common Stock

Purchase

5,653

5.388 GBP

Common Stock

Purchase

94

5.389 GBP

Common Stock

Purchase

10,131

5.39 GBP

Common Stock

Purchase

149

5.394 GBP

Common Stock

Purchase

2,981

5.396 GBP

Common Stock

Purchase

4,699

5.398 GBP

Common Stock

Sale

-2,368

5.134 GBP

Common Stock

Sale

-4,213

5.136 GBP

Common Stock

Sale

-3,616

5.138 GBP

Common Stock

Sale

-10,575

5.14 GBP

Common Stock

Sale

-713

5.142 GBP

Common Stock

Sale

-516

5.148 GBP

Common Stock

Sale

-568

5.152 GBP

Common Stock

Sale

-876

5.156 GBP

Common Stock

Sale

-12

5.158 GBP

Common Stock

Sale

-280

5.16 GBP

Common Stock

Sale

-529

5.166 GBP

Common Stock

Sale

-153

5.168 GBP

Common Stock

Sale

-582

5.174 GBP

Common Stock

Sale

-573

5.178 GBP

Common Stock

Sale

-2,347

5.19 GBP

Common Stock

Sale

-7,992

5.196 GBP

Common Stock

Sale

-6,915

5.198 GBP

Common Stock

Sale

-2,858

5.2 GBP

Common Stock

Sale

-1,874

5.202 GBP

Common Stock

Sale

-117

5.203 GBP

Common Stock

Sale

-50

5.204 GBP

Common Stock

Sale

-1,450

5.206 GBP

Common Stock

Sale

-3,638

5.21 GBP

Common Stock

Sale

-640

5.212 GBP

Common Stock

Sale

-2,979

5.214 GBP

Common Stock

Sale

-3,229

5.216 GBP

Common Stock

Sale

-4,165

5.218 GBP

Common Stock

Sale

-11,880

5.22 GBP

Common Stock

Sale

-14,759

5.222 GBP

Common Stock

Sale

-28,719

5.224 GBP

Common Stock

Sale

-10,345

5.226 GBP

Common Stock

Sale

-5,569

5.228 GBP

Common Stock

Sale

-2,500

5.23 GBP

Common Stock

Sale

-2,062

5.232 GBP

Common Stock

Sale

-3,986

5.234 GBP

Common Stock

Sale

-860

5.236 GBP

Common Stock

Sale

-6,342

5.238 GBP

Common Stock

Sale

-232

5.239 GBP

Common Stock

Sale

-3,845

5.24 GBP

Common Stock

Sale

-2,825

5.242 GBP

Common Stock

Sale

-1,567

5.244 GBP

Common Stock

Sale

-2,222

5.246 GBP

Common Stock

Sale

-35,331

5.248 GBP

Common Stock

Sale

-596

5.249 GBP

Common Stock

Sale

-34,102

5.25 GBP

Common Stock

Sale

-2,327

5.2515 GBP

Common Stock

Sale

-17,071

5.252 GBP

Common Stock

Sale

-5,804

5.254 GBP

Common Stock

Sale

-5,419

5.256 GBP

Common Stock

Sale

-14,698

5.258 GBP

Common Stock

Sale

-10,402

5.26 GBP

Common Stock

Sale

-8,363

5.262 GBP

Common Stock

Sale

-1,480

5.264 GBP

Common Stock

Sale

-1,536

5.266 GBP

Common Stock

Sale

-3,440

5.268 GBP

Common Stock

Sale

-2,974

5.27 GBP

Common Stock

Sale

-578

5.272 GBP

Common Stock

Sale

-3,279

5.274 GBP

Common Stock

Sale

-267

5.276 GBP

Common Stock

Sale

-652

5.277 GBP

Common Stock

Sale

-16,927

5.28 GBP

Common Stock

Sale

-1,359

5.282 GBP

Common Stock

Sale

-4,206

5.284 GBP

Common Stock

Sale

-5,782

5.286 GBP

Common Stock

Sale

-1,778

5.288 GBP

Common Stock

Sale

-650

5.29 GBP

Common Stock

Sale

-850

5.292 GBP

Common Stock

Sale

-1,341

5.294 GBP

Common Stock

Sale

-1,091

5.296 GBP

Common Stock

Sale

-8,853

5.298 GBP

Common Stock

Sale

-463

5.299 GBP

Common Stock

Sale

-3,790

5.3 GBP

Common Stock

Sale

-884

5.302 GBP

Common Stock

Sale

-236

5.304 GBP

Common Stock

Sale

-4,309

5.306 GBP

Common Stock

Sale

-4,265

5.308 GBP

Common Stock

Sale

-5,885

5.31 GBP

Common Stock

Sale

-500

5.312 GBP

Common Stock

Sale

-2,373

5.314 GBP

Common Stock

Sale

-4,590

5.316 GBP

Common Stock

Sale

-884

5.318 GBP

Common Stock

Sale

-5,191

5.32 GBP

Common Stock

Sale

-1,212

5.322 GBP

Common Stock

Sale

-5,072

5.324 GBP

Common Stock

Sale

-2,893

5.326 GBP

Common Stock

Sale

-15,557

5.328 GBP

Common Stock

Sale

-393

5.329 GBP

Common Stock

Sale

-5,666

5.33 GBP

Common Stock

Sale

-20,236

5.332 GBP

Common Stock

Sale

-22,012

5.334 GBP

Common Stock

Sale

-3,406

5.335 GBP

Common Stock

Sale

-6,230

5.336 GBP

Common Stock

Sale

-16,366

5.338 GBP

Common Stock

Sale

-8,999

5.34 GBP

Common Stock

Sale

-531

5.341 GBP

Common Stock

Sale

-17,628

5.342 GBP

Common Stock

Sale

-1,029

5.343 GBP

Common Stock

Sale

-8,859

5.344 GBP

Common Stock

Sale

-11,657

5.345 GBP

Common Stock

Sale

-10,951

5.346 GBP

Common Stock

Sale

-21,965

5.348 GBP

Common Stock

Sale

-10,656

5.35 GBP

Common Stock

Sale

-6,790

5.352 GBP

Common Stock

Sale

-478

5.353 GBP

Common Stock

Sale

-5,360

5.354 GBP

Common Stock

Sale

-350

5.355 GBP

Common Stock

Sale

-9,871

5.356 GBP

Common Stock

Sale

-17,363

5.358 GBP

Common Stock

Sale

-36,777

5.36 GBP

Common Stock

Sale

-7,071

5.362 GBP

Common Stock

Sale

-841

5.363 GBP

Common Stock

Sale

-19,611

5.364 GBP

Common Stock

Sale

-1,231

5.365 GBP

Common Stock

Sale

-6,223

5.366 GBP

Common Stock

Sale

-3,668

5.368 GBP

Common Stock

Sale

-4,146

5.37 GBP

Common Stock

Sale

-1,040

5.371 GBP

Common Stock

Sale

-8,880

5.372 GBP

Common Stock

Sale

-6,962

5.374 GBP

Common Stock

Sale

-14,643

5.376 GBP

Common Stock

Sale

-4,457

5.378 GBP

Common Stock

Sale

-350

5.379 GBP

Common Stock

Sale

-5,779

5.38 GBP

Common Stock

Sale

-5,736

5.382 GBP

Common Stock

Sale

-7,332

5.384 GBP

Common Stock

Sale

-6,358

5.386 GBP

Common Stock

Sale

-5,349

5.388 GBP

Common Stock

Sale

-500

5.394 GBP

Common Stock

Sale

-4,571

5.396 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

1,425

5.142 GBP

Common Stock

CFD

Increasing long position

5,702

5.142 GBP

Common Stock

CFD

Increasing long position

5,801

5.142 GBP

Common Stock

CFD

Increasing long position

23,203

5.142 GBP

Common Stock

CFD

Increasing long position

7,395

5.142495 GBP

Common Stock

CFD

Increasing long position

1,817

5.142498 GBP

Common Stock

CFD

Increasing long position

456

5.1425 GBP

Common Stock

CFD

Increasing long position

7,071

5.145383 GBP

Common Stock

CFD

Increasing long position

5,355

5.145384 GBP

Common Stock

CFD

Increasing long position

7,195

5.145384 GBP

Common Stock

CFD

Increasing long position

1,768

5.145386 GBP

Common Stock

CFD

Increasing long position

653

5.335332 GBP

Common Stock

CFD

Increasing long position

2,654

5.335332 GBP

Common Stock

CFD

Increasing short position

-25,272

5.261756 GBP

Common Stock

CFD

Increasing short position

-738

5.267209 GBP

Common Stock

CFD

Increasing short position

-70,931

5.325822 GBP

Common Stock

CFD

Increasing short position

-10,019

5.325822 GBP

Common Stock

CFD

Increasing short position

-623

5.350523 GBP

Common Stock

CFD

Reducing long position

-24,375

5.240685 GBP

Common Stock

CFD

Reducing long position

-5,989

5.240685 GBP

Common Stock

CFD

Reducing long position

-23,203

5.261756 GBP

Common Stock

CFD

Reducing long position

-7,395

5.261756 GBP

Common Stock

CFD

Reducing long position

-7,195

5.261756 GBP

Common Stock

CFD

Reducing long position

-2,654

5.261756 GBP

Common Stock

CFD

Reducing long position

-4,495

5.34 GBP

Common Stock

CFD

Reducing long position

-660

5.34 GBP

Common Stock

CFD

Reducing long position

-224

5.34 GBP

Common Stock

CFD

Reducing long position

-221

5.34 GBP

Common Stock

CFD

Reducing long position

-12,906

5.341863 GBP

Common Stock

CFD

Reducing long position

-536

5.341863 GBP

Common Stock

CFD

Reducing long position

-23,902

5.341866 GBP

Common Stock

CFD

Reducing long position

-19,610

5.341866 GBP

Common Stock

CFD

Reducing long position

-5,801

5.341866 GBP

Common Stock

CFD

Reducing long position

-5,355

5.341866 GBP

Common Stock

CFD

Reducing long position

-36

5.341866 GBP

Common Stock

CFD

Reducing long position

-401

5.3419 GBP

Common Stock

CFD

Reducing long position

-98

5.342571 GBP

Common Stock

CFD

Reducing long position

-7,912

5.342689 GBP

Common Stock

CFD

Reducing long position

-1,277

5.342689 GBP

Common Stock

CFD

Reducing long position

-225

5.342689 GBP

Common Stock

CFD

Reducing long position

-29

5.342689 GBP

Common Stock

CFD

Reducing long position

-24

5.342689 GBP

Common Stock

CFD

Reducing long position

-388

5.342691 GBP

Common Stock

CFD

Reducing long position

-5,978

5.342835 GBP

Common Stock

CFD

Reducing long position

-1,468

5.342835 GBP

Common Stock

CFD

Reducing long position

-23,916

5.342836 GBP

Common Stock

CFD

Reducing long position

-5,877

5.342836 GBP

Common Stock

CFD

Reducing long position

-2,582

5.343 GBP

Common Stock

CFD

Reducing long position

-372

5.343 GBP

Common Stock

CFD

Reducing long position

-262

5.343 GBP

Common Stock

CFD

Reducing long position

-1,858

5.367539 GBP

Common Stock

CFD

Reducing long position

-7,427

5.367542 GBP

Common Stock

CFD

Reducing long position

-7,555

5.367549 GBP

Common Stock

CFD

Reducing long position

-30,219

5.36755 GBP

Common Stock

CFD

Reducing short position

423

5.141197 GBP

Common Stock

CFD

Reducing short position

5,646

5.141197 GBP

Common Stock

CFD

Reducing short position

1,850

5.142491 GBP

Common Stock

CFD

Reducing short position

23,422

5.145384 GBP

Common Stock

CFD

Reducing short position

14,227

5.152 GBP

Common Stock

CFD

Reducing short position

1,382

5.290011 GBP

Common Stock

CFD

Reducing short position

53,199

5.290011 GBP

Common Stock

CFD

Reducing short position

9,349

5.344279 GBP

Common Stock

CFD

Reducing short position

932

5.354225 GBP

Common Stock

CFD

Reducing short position

83

5.365084 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:

13 June, 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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