14 Jun 2018 11:14
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: | Deutsche Bank AG London |
(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: | Echostar Corporation |
(d) Date dealing undertaken: | 13/06/2018 |
(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" | Yes - Echostar Corporation |
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
|
EUR 0.0005 ordinary | Purchase | 447,545 | 5.3240 GBP | 5.1400 GBP |
EUR 0.0005 ordinary | Sale | 486,337 | 5.3020 GBP | 5.1480 GBP |
EUR 0.0005 ordinary | Sale | 207,567 | 6.9889 USD | 6.9889 USD |
(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
|
EUR 0.0005 ordinary | Swaps | Long | 207,567 | 6.9889 USD |
EUR 0.0005 ordinary | Swaps | Long | 55 | 5.2175 GBP |
EUR 0.0005 ordinary | Swaps | Long | 65 | 5.2520 GBP |
EUR 0.0005 ordinary | Swaps | Long | 98 | 5.1770 GBP |
EUR 0.0005 ordinary | Swaps | Long | 139 | 5.2535 GBP |
EUR 0.0005 ordinary | Swaps | Long | 159 | 5.2358 GBP |
EUR 0.0005 ordinary | Swaps | Long | 177 | 5.2396 GBP |
EUR 0.0005 ordinary | Swaps | Long | 178 | 5.2365 GBP |
EUR 0.0005 ordinary | Swaps | Long | 180 | 5.2355 GBP |
EUR 0.0005 ordinary | Swaps | Long | 180 | 5.2401 GBP |
EUR 0.0005 ordinary | Swaps | Long | 182 | 5.2401 GBP |
EUR 0.0005 ordinary | Swaps | Long | 516 | 5.2534 GBP |
EUR 0.0005 ordinary | Swaps | Long | 561 | 5.1602 GBP |
EUR 0.0005 ordinary | Swaps | Long | 575 | 5.2418 GBP |
EUR 0.0005 ordinary | Swaps | Long | 577 | 5.2444 GBP |
EUR 0.0005 ordinary | Swaps | Long | 653 | 5.2519 GBP |
EUR 0.0005 ordinary | Swaps | Long | 697 | 5.1605 GBP |
EUR 0.0005 ordinary | Swaps | Long | 835 | 5.2509 GBP |
EUR 0.0005 ordinary | Swaps | Long | 897 | 5.2356 GBP |
EUR 0.0005 ordinary | Swaps | Long | 1,050 | 5.2380 GBP |
EUR 0.0005 ordinary | Swaps | Long | 1,756 | 5.2391 GBP |
EUR 0.0005 ordinary | Swaps | Long | 1,758 | 5.2444 GBP |
EUR 0.0005 ordinary | Swaps | Long | 1,793 | 5.2367 GBP |
EUR 0.0005 ordinary | Swaps | Long | 1,844 | 5.2429 GBP |
EUR 0.0005 ordinary | Swaps | Long | 2,043 | 5.2381 GBP |
EUR 0.0005 ordinary | Swaps | Long | 3,935 | 5.2441 GBP |
EUR 0.0005 ordinary | Swaps | Long | 5,902 | 5.2417 GBP |
EUR 0.0005 ordinary | Swaps | Long | 8,180 | 5.2411 GBP |
EUR 0.0005 ordinary | Swaps | Long | 15,846 | 5.2444 GBP |
EUR 0.0005 ordinary | Swaps | Long | 15,856 | 5.2426 GBP |
EUR 0.0005 ordinary | Swaps | Long | 18,533 | 5.2663 GBP |
EUR 0.0005 ordinary | Swaps | Long | 35,346 | 5.2475 GBP |
EUR 0.0005 ordinary | Swaps | Long | 40,509 | 5.2439 GBP |
EUR 0.0005 ordinary | Swaps | Long | 40,561 | 5.2335 GBP |
EUR 0.0005 ordinary | Swaps | Short | 71 | 5.2420 GBP |
EUR 0.0005 ordinary | Swaps | Short | 403 | 5.2405 GBP |
EUR 0.0005 ordinary | Swaps | Short | 760 | 5.1929 GBP |
EUR 0.0005 ordinary | Swaps | Short | 805 | 5.2415 GBP |
EUR 0.0005 ordinary | Swaps | Short | 1,023 | 5.2473 GBP |
EUR 0.0005 ordinary | Swaps | Short | 1,718 | 5.2538 GBP |
EUR 0.0005 ordinary | Swaps | Short | 9,698 | 5.2638 GBP |
EUR 0.0005 ordinary | Swaps | Short | 22,857 | 5.2538 GBP |
EUR 0.0005 ordinary | Swaps | Short | 38,518 | 5.2393 GBP |
EUR 0.0005 ordinary | Swaps | Short | 100,015 | 5.2355 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: | 14/06/2018
|
| Contact name: | Mostafa Dehghanpour |
| Telephone number: | 0207 547 4629 |
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.