REG-BARCLAYS PLC Form 8.3 - ECHOSTAR CORPORATION
. Form 8.3 - ECHOSTAR CORPORATION
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: | Barclays PLC. | |||
| (b) | Owner or controller of interest and short | ||||
| positions disclosed, if different from 1(a): | |||||
| (c) | Name of offeror/offeree in relation to whose |
ECHOSTAR CORPORATION |
|||
| relevant securities this form relates: | |||||
| (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: | 18 June 2018 | |||
| (f) | In addition to the company in 1(c) above, is the discloser making | YES: | |||
| disclosures in respect of any other party to the offer? | INMARSAT PLC |
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: | USD 0.001 Class A common | ||||||||||
| Interests | Short Positions | ||||||||||
| Number | (%) | Number | (%) | ||||||||
| (1) | Relevant securities owned | ||||||||||
| and/or controlled: | 80,532 | 0.17% | 48,130 | 0.10% | |||||||
| (2) | Cash-settled derivatives: | ||||||||||
| 43,700 | 0.09% | 0 | 0.00% | ||||||||
| (3) | Stock-settled derivatives (including options) | ||||||||||
| and agreements to purchase/sell: | 6,500 | 0.01% | 0 | 0.00% | |||||||
| TOTAL: | 130,732 | 0.27% | 48,130 | 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 | Purchase/sale | Number of | Price per unit | ||||
| security | securities | ||||||
| USD 0.001 Class A common | Purchase | 1 | 45.9400 USD | ||||
| USD 0.001 Class A common | Purchase | 66 | 45.9633 USD | ||||
| USD 0.001 Class A common | Purchase | 67 | 45.9000 USD | ||||
| USD 0.001 Class A common | Purchase | 83 | 45.8400 USD | ||||
| USD 0.001 Class A common | Purchase | 100 | 45.8100 USD | ||||
| USD 0.001 Class A common | Purchase | 100 | 45.8800 USD | ||||
| USD 0.001 Class A common | Purchase | 133 | 45.9200 USD | ||||
| USD 0.001 Class A common | Purchase | 200 | 45.9150 USD | ||||
| USD 0.001 Class A common | Purchase | 1,533 | 45.8962 USD | ||||
| USD 0.001 Class A common | Purchase | 1,800 | 45.9261 USD | ||||
| USD 0.001 Class A common | Purchase | 3,300 | 45.9540 USD | ||||
| USD 0.001 Class A common | Purchase | 3,400 | 45.9498 USD | ||||
| USD 0.001 Class A common | Purchase | 3,707 | 45.8845 USD | ||||
| USD 0.001 Class A common | Sale | 66 | 45.9633 USD | ||||
| USD 0.001 Class A common | Sale | 100 | 45.8100 USD | ||||
| USD 0.001 Class A common | Sale | 181 | 45.9200 USD | ||||
| USD 0.001 Class A common | Sale | 200 | 46.0500 USD | ||||
| USD 0.001 Class A common | Sale | 200 | 45.9462 USD | ||||
| USD 0.001 Class A common | Sale | 200 | 45.8400 USD | ||||
| USD 0.001 Class A common | Sale | 200 | 45.9150 USD | ||||
| USD 0.001 Class A common | Sale | 202 | 45.9451 USD | ||||
| USD 0.001 Class A common | Sale | 232 | 45.9432 USD | ||||
| USD 0.001 Class A common | Sale | 300 | 45.9083 USD | ||||
| USD 0.001 Class A common | Sale | 300 | 45.8477 USD | ||||
| USD 0.001 Class A common | Sale | 320 | 45.8750 USD | ||||
| USD 0.001 Class A common | Sale | 1,300 | 45.9076 USD | ||||
| USD 0.001 Class A common | Sale | 1,984 | 45.9201 USD | ||||
| USD 0.001 Class A common | Sale | 2,741 | 45.9598 USD | ||||
| USD 0.001 Class A common | Sale | 2,987 | 45.8775 USD | ||||
| USD 0.001 Class A common | Sale | 3,000 | 45.9586 USD | ||||
| USD 0.001 Class A common | Sale | 3,100 | 45.9600 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 |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
| Class | Product | Writing, | Number | Exercise | Type | Expiry | Option | ||||||||
| of | description | purchasing, | of | price | date | money | |||||||||
| relevant | selling, | securities | per unit | paid/ | |||||||||||
| security | varying etc | to which | received | ||||||||||||
| option | per unit | ||||||||||||||
| relates | |||||||||||||||
| USD 0.001 Class A common | Call Options | Purchasing | 5,400 | 45 USD | American | 20 Jul 2018 | 2.0000 USD | ||||||||
| USD 0.001 Class A common | Call Options | Purchasing | 1,100 | 50 USD | American | 20 Jul 2018 | 0.3000 USD |
(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? | YES | |
| Date of disclosure: | 19 Jun 2018 | |
| Contact name: | Jay Supaya | |
| Telephone number: | 020 7773 0635 |
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.
SUPPLEMENTAL FORM 8 (OPEN POSITIONS)
DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.
Note 5(i) on Rule 8 of the Takeover Code (the “Code”)
1. KEY INFORMATION
| Identity of the person whose positions/dealings | Barclays PLC. | |
| are being disclosed: | ||
| Name of offeror/offeree in relation to whose | ECHOSTAR CORPORATION | |
| relevant securities this from relates: |
2. STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)
| Class | Product | Writing, | Number | Exercise | Type | Expiry | |||||||
| of | description | purchasing, | of | price | date | ||||||||
| relevant | selling, | securities | per unit | ||||||||||
| security | varying etc | to which | |||||||||||
| option | |||||||||||||
| relates | |||||||||||||
| USD 0.001 Class A common | Call Options | Purchased | 5,400 | 45.0000 | American | 20 Jul 2018 | |||||||
| USD 0.001 Class A common | Call Options | Purchased | 1,100 | 50.0000 | American | 20 Jul 2018 |
3. AGREEMENTS TO PURCHASE OR SELL ETC.
| Full details should be given so that the nature of the interest or position can be fully understood: |
It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.
The currency of all prices and other monetary amounts should be stated.
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/20180619005927/en/
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