23rd Mar 2018 16:41
AMENDMENT Section 2(a)
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: | Morgan Stanley France S.A. |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | KLEPIERRE S.A. |
(c) Name of the party to the offer with which exempt principal trader is connected: | HAMMERSON PLC |
(d) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure | 22 MARCH 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 the offer? If it is a cash offer or possible cash offer, state "N/A" | Yes |
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 1.40 | |||
| Interests | Short positions | ||
Number | % | Number | % | |
(1) Relevant securities owned and/or controlled: | 1,717,737 | 0.55 | 952,539 | 0.30 |
(2) Cash-settled derivatives:
| 961,400
| 0.31 | 1,725,162
| 0.55 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00 | 0 | 0.00 |
TOTAL: | 2,679,137
| 0.85 | 2,677,701
| 0.85 |
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: | N/A |
Details, including nature of the rights concerned and relevant percentages: | N/A |
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 security | Purchases/sales | Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
EUR 1.40 | PURCHASES | 206,149 | 32.4613 EUR | 32.2384 EUR |
EUR 1.40 | SALES | 140,684 | 32.4840 EUR | 32.1986 EUR |
EUR 1.40 | SALES | 5,000 | 28.0872 GBP | 28.0872 GBP |
EUR 1.40 | SALES | 63 | 39.6725 USD | 39.6725 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 1.40 | CFD | LONG | 29 | 32.1986 EUR |
EUR 1.40 | CFD | LONG | 805 | 32.2220 EUR |
EUR 1.40 | CFD | LONG | 867 | 32.2359 EUR |
EUR 1.40 | CFD | LONG | 58 | 32.2367 EUR |
EUR 1.40 | CFD | LONG | 23 | 32.2421 EUR |
EUR 1.40 | CFD | LONG | 1,986 | 32.2455 EUR |
EUR 1.40 | CFD | LONG | 322 | 32.2507 EUR |
EUR 1.40 | CFD | LONG | 24,885 | 32.2537 EUR |
EUR 1.40 | CFD | LONG | 213 | 32.2558 EUR |
EUR 1.40 | CFD | LONG | 42,134 | 32.2568 EUR |
EUR 1.40 | CFD | LONG | 945 | 32.2587 EUR |
EUR 1.40 | CFD | LONG | 341 | 32.2589 EUR |
EUR 1.40 | CFD | LONG | 5,031 | 32.2594 EUR |
EUR 1.40 | CFD | LONG | 3,600 | 32.2722 EUR |
EUR 1.40 | CFD | LONG | 1,220 | 32.2722 EUR |
EUR 1.40 | CFD | LONG | 160 | 32.2722 EUR |
EUR 1.40 | CFD | LONG | 29 | 32.2762 EUR |
EUR 1.40 | CFD | LONG | 271 | 32.2793 EUR |
EUR 1.40 | CFD | LONG | 320 | 32.2794 EUR |
EUR 1.40 | CFD | LONG | 64 | 32.2795 EUR |
EUR 1.40 | CFD | LONG | 80 | 32.2820 EUR |
EUR 1.40 | CFD | LONG | 3,668 | 32.2854 EUR |
EUR 1.40 | CFD | LONG | 17,575 | 32.2982 EUR |
EUR 1.40 | CFD | LONG | 16,032 | 32.3000 EUR |
EUR 1.40 | CFD | LONG | 2,115 | 32.3000 EUR |
EUR 1.40 | CFD | LONG | 1,847 | 32.3000 EUR |
EUR 1.40 | CFD | LONG | 1,848 | 32.3000 EUR |
EUR 1.40 | CFD | LONG | 17 | 32.3482 EUR |
EUR 1.40 | CFD | LONG | 46 | 32.3526 EUR |
EUR 1.40 | CFD | LONG | 3,700 | 32.3968 EUR |
EUR 1.40 | CFD | LONG | 39 | 32.4000 EUR |
EUR 1.40 | CFD | LONG | 100 | 32.4400 EUR |
EUR 1.40 | CFD | LONG | 4,656 | 32.4603 EUR |
EUR 1.40 | CFD | LONG | 36 | 32.4838 EUR |
EUR 1.40 | CFD | SHORT | 6,100 | 32.1964 EUR |
EUR 1.40 | CFD | SHORT | 5,319 | 32.2023 EUR |
EUR 1.40 | CFD | SHORT | 400 | 32.2094 EUR |
EUR 1.40 | CFD | SHORT | 7,378 | 32.2183 EUR |
EUR 1.40 | CFD | SHORT | 1,121 | 32.2198 EUR |
EUR 1.40 | CFD | SHORT | 200 | 32.2200 EUR |
EUR 1.40 | CFD | SHORT | 5,042 | 32.2215 EUR |
EUR 1.40 | CFD | SHORT | 3,314 | 32.2223 EUR |
EUR 1.40 | CFD | SHORT | 3,126 | 32.2225 EUR |
EUR 1.40 | CFD | SHORT | 284 | 32.2227 EUR |
EUR 1.40 | CFD | SHORT | 516 | 32.2279 EUR |
EUR 1.40 | CFD | SHORT | 12,484 | 32.2305 EUR |
EUR 1.40 | CFD | SHORT | 121 | 32.2318 EUR |
EUR 1.40 | CFD | SHORT | 54 | 32.2318 EUR |
EUR 1.40 | CFD | SHORT | 46 | 32.2318 EUR |
EUR 1.40 | CFD | SHORT | 65 | 32.2318 EUR |
EUR 1.40 | CFD | SHORT | 166 | 32.2318 EUR |
EUR 1.40 | CFD | SHORT | 42 | 32.2318 EUR |
EUR 1.40 | CFD | SHORT | 70 | 32.2318 EUR |
EUR 1.40 | CFD | SHORT | 2,638 | 32.2318 EUR |
EUR 1.40 | CFD | SHORT | 451 | 32.2318 EUR |
EUR 1.40 | CFD | SHORT | 63 | 32.2318 EUR |
EUR 1.40 | CFD | SHORT | 2,551 | 32.2318 EUR |
EUR 1.40 | CFD | SHORT | 3,038 | 32.2318 EUR |
EUR 1.40 | CFD | SHORT | 46 | 32.2318 EUR |
EUR 1.40 | CFD | SHORT | 2,891 | 32.2347 EUR |
EUR 1.40 | CFD | SHORT | 11,411 | 32.2348 EUR |
EUR 1.40 | CFD | SHORT | 830 | 32.2359 EUR |
EUR 1.40 | CFD | SHORT | 5,337 | 32.2383 EUR |
EUR 1.40 | CFD | SHORT | 5,031 | 32.2383 EUR |
EUR 1.40 | CFD | SHORT | 1 | 32.2500 EUR |
EUR 1.40 | CFD | SHORT | 1 | 32.2500 EUR |
EUR 1.40 | CFD | SHORT | 12,552 | 32.2516 EUR |
EUR 1.40 | CFD | SHORT | 4,730 | 32.2593 EUR |
EUR 1.40 | CFD | SHORT | 90 | 32.2641 EUR |
EUR 1.40 | CFD | SHORT | 5,076 | 32.2705 EUR |
EUR 1.40 | CFD | SHORT | 32,486 | 32.2932 EUR |
EUR 1.40 | CFD | SHORT | 277 | 32.3000 EUR |
EUR 1.40 | CFD | SHORT | 149 | 32.3000 EUR |
EUR 1.40 | CFD | SHORT | 208 | 32.3000 EUR |
EUR 1.40 | CFD | SHORT | 292 | 32.3000 EUR |
EUR 1.40 | CFD | SHORT | 4 | 32.3000 EUR |
EUR 1.40 | CFD | SHORT | 31,898 | 32.3000 EUR |
EUR 1.40 | CFD | SHORT | 13,951 | 32.3000 EUR |
EUR 1.40 | CFD | SHORT | 1 | 32.3000 EUR |
EUR 1.40 | CFD | SHORT | 277 | 32.3000 EUR |
EUR 1.40 | CFD | SHORT | 67 | 32.3021 EUR |
EUR 1.40 | CFD | SHORT | 7,590 | 32.3024 EUR |
EUR 1.40 | CFD | SHORT | 587 | 32.3055 EUR |
EUR 1.40 | CFD | SHORT | 4,656 | 32.3310 EUR |
EUR 1.40 | CFD | SHORT | 113 | 32.3438 EUR |
EUR 1.40 | CFD | SHORT | 2,085 | 32.3807 EUR |
EUR 1.40 | CFD | SHORT | 39 | 32.4500 EUR |
EUR 1.40 | CFD | SHORT | 312 | 32.4613 EUR |
EUR 1.40 | CFD | SHORT | 1,514 | 32.4675 EUR |
EUR 1.40 | CFD | LONG | 63 | 32.2384 EUR |
EUR 1.40 | CFD | LONG | 1242 | 28.0873 GBP |
EUR 1.40 | CFD | LONG | 3758 | 28.0873 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 |
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
N/A | N/A | N/A | N/A | N/A |
(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) |
N/A | N/A | N/A | N/A |
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: | 23 MARCH 2018 |
| Contact name: | Craig Horsley |
| Telephone number: | +44(141) 245 7736 |
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 [email protected]. 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.
Related Shares:
Klepierre Reit