19th Jan 2018 11:29
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: | 18 January 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 | 1,045,752
1,888,643 48,037 | 5.1140 GBP
5.1140 GBP 86.5131 ZAR | 4.9360 GBP
4.9460 GBP 86.5131 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 | 1,847 186 1,051 1,456 24,291 6,272 8,645 12,115 88,489 12,982 708 265 275,068 807 12,133 561 1,103 3,779 75,137 49,274 1,237 96,074
515 55 3,953 3,826 3,235 1,770 2,902 3,365 629 1,418 6,206 2,765 39,573 2,382 20,962 151,483 13,029 2,517 1,656 78,700 12,251 29,381 27,465 14,158 67,735 788 10,926 1,622 2,643 15,400 6,811 44,812 4,870 28,254 1,075 4,975 1,276 1,912 179 815 49,274 1,237 75,137 | 4.9688 GBP 4.9789 GBP 4.9799 GBP 4.9878 GBP 4.9892 GBP 4.9896 GBP 4.9949 GBP 4.9969 GBP 4.9989 GBP 4.9994 GBP 5.0056 GBP 5.0057 GBP 5.0060 GBP 5.0112 GBP 5.0181 GBP 5.0320 GBP 5.0339 GBP 5.0412 GBP 5.1540 GBP 84.6485 ZAR 84.6600 ZAR 86.5131 ZAR
4.9362 GBP 4.9382 GBP 4.9480 GBP 4.9499 GBP 4.9528 GBP 4.9570 GBP 4.9583 GBP 4.9590 GBP 4.9592 GBP 4.9666 GBP 4.9706 GBP 4.9762 GBP 4.9763 GBP 4.9766 GBP 4.9773 GBP 4.9810 GBP 4.9817 GBP 4.9840 GBP 4.9924 GBP 4.9929 GBP 4.9954 GBP 4.9970 GBP 5.0004 GBP 5.0013 GBP 5.0014 GBP 5.0022 GBP 5.0025 GBP 5.0029 GBP 5.0035 GBP 5.0044 GBP 5.0062 GBP 5.0063 GBP 5.0064 GBP 5.0080 GBP 5.0127 GBP 5.0254 GBP 5.0391 GBP 5.0441 GBP 5.0812 GBP 5.0822 GBP 84.6510 ZAR 84.6625 ZAR 86.3295 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: | 19 January 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