8th Feb 2018 09:36
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: | J.P. Morgan Securities Plc |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Hammerson Plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Corporate Broker & Financial Advisor to Hammerson Plc |
(d) Date dealing undertaken: | 07 February 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 Intu Properties Plc
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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 |
Ordinary Shares | Purchases
Sales | 741,561
1,344,781 111,129 | 4.6900 GBP
4.6840 GBP 75.7872 ZAR | 4.5670 GBP
4.5652 GBP 75.7872 ZAR |
(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 |
Ordinary Shares | Equity Swaps
| Long
Short
| 239 2,580 526 5,994 5,476 908 104,389 14,129 1,270 1,080 14,282 6,850 708 22,394 30 2,091 3,481 2,492 47,737 3,111 841 111,129 111,129
285 1,964 127 853 831 1,282 1,477 43,378 3,870 599 182 42,609 59,566 23,738 218 7,016 6,191 13,604 12,958 3,052 564 2,816 14,987 1,375 5,200 308 8,700 4,749 1,576 265 2,202 917 3,783 9,319 8,601 6,794 763 38,605 11,983 3,869 25,157 6,038 | 4.5652 GBP 4.5859 GBP 4.5900 GBP 4.6210 GBP 4.6288 GBP 4.6310 GBP 4.6331 GBP 4.6344 GBP 4.6387 GBP 4.6424 GBP 4.6425 GBP 4.6471 GBP 4.6555 GBP 4.6570 GBP 4.6623 GBP 4.6702 GBP 4.6711 GBP 4.6730 GBP 4.6732 GBP 4.6735 GBP 4.6759 GBP 75.7872 ZAR 76.7604 ZAR
4.5670 GBP 4.5751 GBP 4.5835 GBP 4.5861 GBP 4.5898 GBP 4.5901 GBP 4.5974 GBP 4.6069 GBP 4.6164 GBP 4.6181 GBP 4.6201 GBP 4.6229 GBP 4.6259 GBP 4.6260 GBP 4.6275 GBP 4.6281 GBP 4.6291 GBP 4.6323 GBP 4.6345 GBP 4.6351 GBP 4.6357 GBP 4.6421 GBP 4.6465 GBP 4.6549 GBP 4.6689 GBP 4.6704 GBP 4.6771 GBP 4.6772 GBP 4.6773 GBP 4.6774 GBP 4.6775 GBP 4.6779 GBP 4.6782 GBP 76.0812 ZAR 76.1834 ZAR 76.2428 ZAR 76.4300 ZAR 76.5864 ZAR 76.8868 ZAR 77.1277 ZAR 77.3566 ZAR 77.4397 ZAR |
(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 (GBP) | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit (GBP) |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit (GBP) |
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(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) (GBP) |
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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
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(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
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| Date of disclosure: | 08 February 2018 |
| Contact name: | Alwyn Basch |
| Telephone number: | 020 7742 7407 |
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.
Related Shares:
Hammerson