23rd Apr 2018 11:22
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 & Advisor to Hammerson Plc |
(d) Date dealing undertaken: | 20 April 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
|
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 (GBP) | Lowest price per unit paid/received (GBP) |
Ordinary Shares | Purchases
Sales | 1,395,963
2,481,674 | 5.4280
5.4500 | 5.1909
5.1940 |
(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
| 1,185 773 2,612 1,232 3,388 50,297 465,179 8,645 2,926 10,696 30,556 1,078 109,492 837 7,477 470,000 3,264 11,337 29,343 2,745 447 28,313 484 110,046 50,195 1,393 5,114 23,350 16,794 6,597 2,110 5,437 6,596
6,567 4,534 2,806 23,590 10,612 134,229 7,862 758 18,443 53,380 2,579 10,729 19,078 590 3,136 6,597 3,128 1,522 110 23,350 700 33,941 6,597 690 720 | 5.1940 GBP 5.2138 GBP 5.2148 GBP 5.2168 GBP 5.2258 GBP 5.2449 GBP 5.2475 GBP 5.2514 GBP 5.2670 GBP 5.2914 GBP 5.2971 GBP 5.3148 GBP 5.3365 GBP 5.3380 GBP 5.3448 GBP 5.3495 GBP 5.3612 GBP 5.3735 GBP 5.3737 GBP 5.3861 GBP 5.3978 GBP 5.3982 GBP 5.3996 GBP 5.3998 GBP 5.4000 GBP 5.4058 GBP 87.9603 ZAR 88.0860 ZAR 89.3623 ZAR 89.7684 ZAR 89.8635 ZAR 90.5020 ZAR 90.8016 ZAR
5.2178 GBP 5.2230 GBP 5.2260 GBP 5.2269 GBP 5.2303 GBP 5.2342 GBP 5.2362 GBP 5.2383 GBP 5.2425 GBP 5.2454 GBP 5.2462 GBP 5.2514 GBP 5.2623 GBP 5.2646 GBP 5.2957 GBP 5.3170 GBP 5.3190 GBP 5.3707 GBP 5.4000 GBP 88.0860 ZAR 88.6000 ZAR 89.6161 ZAR 89.7711 ZAR 90.3300 ZAR 90.6500 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) |
(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) |
|
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: | 23 April 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