Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksInmarsat Regulatory News (ISAT)

  • There is currently no data for ISAT

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Form 8.5 (EPT/NON-RI) - Inmarsat PLC

25 Nov 2019 10:07

 

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY (“RI”) STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a)Name of exempt principal trader:BARCLAYS CAPITAL SECURITIES LTD
(b)Name of offeror/offeree in relation to whoseINMARSAT PLC
relevant securities this form relates:
(c)Name of the party to the offer with which exemptConnect Bidco Limited owned by a consortium of funds advised by Apax Partners LLP; funds advised by Warburg Pincus or its affiliates; Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan
principal trader is connected
(d)Date position held/dealing undertaken:22 November 2019
(e)In addition to the company in 1(b) above, is the exempt principal

NO:

trader making disclosures in respect of any other party to the offer?
 

2. POSITIONS OF THE EXEMPT PRINCIPAL TRADER

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(b), 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:EUR 0.0005 ordinary
InterestsShort Positions
Number(%)Number(%)

(1)

Relevant securities owned
and/or controlled:

20,425,770

4.41%

1,526,615

0.33%

 

(2)

Cash-settled derivatives:

2,472,338

0.53%

18,705,144

4.03%

 

(3)

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

0

0.00%

0

0.00%

 
 
TOTAL:

22,898,108

4.94%

20,231,759

4.36%

 
Class of relevant security:Convertible Bond XS1486508887
InterestsShort Positions
Number(%)Number(%)

(1)

Relevant securities owned
and/or controlled:

1,400,000

0.22%

0

0.00%

 

(2)

Cash-settled derivatives:

0

0.00%

0

0.00%

 

(3)

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

0

0.00%

0

0.00%

 
 
TOTAL:

1,400,000

0.22%

0

0.00%

 

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 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 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

Purchase/sale

Total number of

Highest price per unit

Lowest price per unit

security

 

securities

paid/received

paid/received

EUR 0.0005 ordinary

Purchase

795,010

5.5000 GBP

5.4674 GBP

EUR 0.0005 ordinary

Sale

56,561

5.5000 GBP

5.4789 GBP

(b) Cash-settled derivative transactions

Class ofProductNature of dealing

Number of

Price per

relevantdescription

reference

unit

security

securities

 

EUR 0.0005 ordinaryCFDLong

256

5.4717 GBP

EUR 0.0005 ordinaryCFDLong

330

5.4796 GBP

EUR 0.0005 ordinarySWAPLong

1,786

5.4916 GBP

EUR 0.0005 ordinaryCFDLong

5,798

5.4995 GBP

EUR 0.0005 ordinarySWAPLong

9,166

5.4943 GBP

EUR 0.0005 ordinarySWAPLong

29,935

5.4830 GBP

EUR 0.0005 ordinarySWAPShort

2,101

5.4829 GBP

EUR 0.0005 ordinaryCFDShort

54,676

5.4813 GBP

EUR 0.0005 ordinarySWAPShort

56,299

5.4749 GBP

EUR 0.0005 ordinarySWAPShort

670,456

9.1237 USD

(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 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

 

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?NO
Date of disclosure:

25 Nov 2019

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

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

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20191125005320/en/

Copyright Business Wire 2019

Date   Source Headline
4th Dec 20194:48 pmRNSHolding(s) in Company
4th Dec 20194:18 pmRNSForm 8.5 (EPT/RI) - Replacement of INMARSAT PLC
4th Dec 20193:30 pmRNSForm 8.3 - Inmarsat Plc
4th Dec 20193:30 pmBUSForm 8.3 - Inmarsat PLC
4th Dec 20193:22 pmRNSForm 8.3 - Inmarsat Plc
4th Dec 20193:20 pmRNSForm 8.3 - Inmarsat plc
4th Dec 20193:20 pmBUSForm 8.3 - Inmarsat plc
4th Dec 20193:15 pmBUSForm 8.3 - Inmarsat PLC
4th Dec 20193:11 pmRNSChange of Control Notice
4th Dec 20193:07 pmRNSForm 8.5 (EPT/RI)- Inmarsat plc AMENDMENT
4th Dec 20193:06 pmRNSForm 8.5 (EPT/RI)- Inmarsat plc AMENDMENT
4th Dec 20193:05 pmRNSForm 8.5 (EPT/RI)- Inmarsat plc AMENDMENT
4th Dec 20193:05 pmRNSForm 8.5 (EPT/RI)- Inmarsat plc AMENDMENT
4th Dec 20193:00 pmBUSForm 8.3 - Inmarsat PLC
4th Dec 20192:46 pmRNSForm 8.3 - Inmarsat Plc
4th Dec 20192:33 pmRNSForm 8.3 - Inmarsat plc
4th Dec 20192:31 pmEQSForm 8.3 - The Vanguard Group, Inc.: Inmarsat plc
4th Dec 20192:30 pmRNSScheme of Arrangement becomes Effective
4th Dec 20192:03 pmRNSForm 8.3 - [Inmarsat plc]
4th Dec 20192:00 pmRNSForm 8.3 - Inmarsat plc
4th Dec 20191:16 pmRNSForm 8.3 - Inmarsat Plc
4th Dec 20191:07 pmRNSForm 8.3 - Inmarsat plc
4th Dec 201912:37 pmRNSForm 8.3 - Inmarsat PLC
4th Dec 201912:24 pmBUSForm 8.5 (EPT/NON-RI) - INMARSAT PLC - AMENDMENT
4th Dec 201911:29 amRNSForm 8.5 (EPT/RI) Inmarsat plc
4th Dec 201911:26 amRNSForm 8 (DD) - Inmarsat plc
4th Dec 201911:25 amRNSForm 8 (DD) - Inmarsat plc
4th Dec 201911:04 amRNSForm 8.5 (EPT/RI) - INMARSAT PLC
4th Dec 201911:02 amRNSForm 8.5 (EPT/RI) - INMARSAT PLC
4th Dec 201910:54 amRNSForm 8.5 (EPT/RI) - Inmarsat plc replacement
4th Dec 201910:54 amBUSForm 8.5 (EPT/NON-RI) - INMARSAT PLC
4th Dec 201910:49 amRNSForm 8.5 (EPT/NON-RI)
4th Dec 201910:48 amRNSForm 8.5 (EPT/RI)
4th Dec 201910:46 amRNSForm 8.5 (EPT/RI) - Inmarsat plc
4th Dec 201910:43 amRNSForm 8.5 (EPT/NON-RI)- Inmarsat plc
4th Dec 201910:38 amRNSForm 8.5 (EPT/RI)- Inmarsat plc
4th Dec 20198:28 amRNSForm 8.3 - Inmarsat Plc
4th Dec 20197:00 amRNSHolding(s) in Company
4th Dec 20197:00 amRNSHolding(s) in Company
4th Dec 20197:00 amRNSForm 8.3 - Inmarsat PLC
3rd Dec 20195:30 pmRNSInmarsat
3rd Dec 20194:05 pmRNSCourt Sanction of Scheme of Arrangement
3rd Dec 20193:35 pmRNSForm 8.3 - Inmarsat PLC
3rd Dec 20193:30 pmRNSForm 8.3 - ISAT
3rd Dec 20193:20 pmRNSForm 8.3 - Inmarsat plc
3rd Dec 20193:20 pmBUSForm 8.3 - Inmarsat plc
3rd Dec 20193:19 pmRNSForm 8.3 - Inmarsat PLC
3rd Dec 20192:44 pmRNSForm 8.5 (EPT/RI) - Replacement of INMARSAT PLC
3rd Dec 20192:43 pmRNSForm 8.3 - Inmarsat Plc
3rd Dec 20192:41 pmRNSForm 8.5 (EPT/RI) - Replacement of INMARSAT PLC

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.