2nd Feb 2018 10:34
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: | 01 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
|
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 | 518,204
476,925 10,794 | 4.9820 GBP
4.9810 GBP 82.9226 ZAR | 4.8510 GBP
4.8510 GBP 82.9226 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
| 2 309 1,556 932 5,758 2,747 417 3,669 26,179 40,017 18,553 8,367 118,151 5,737 7,750 4,375 1 1,134 1,127 342 314 10,794 11,108 314
48,612 10,889 63,607 6,466 75,276 56,490 390 2,612 1,308 7,803 841 48,220 241 21,685 89 6,214 83 1,901 16,957 172 200 9,051 35 1,190 1,974 45,145 11,108 314 | 4.8549 GBP 4.8559 GBP 4.8579 GBP 4.8597 GBP 4.8717 GBP 4.8964 GBP 4.9009 GBP 4.9027 GBP 4.9030 GBP 4.9078 GBP 4.9111 GBP 4.9113 GBP 4.9128 GBP 4.9145 GBP 4.9296 GBP 4.9466 GBP 4.9470 GBP 4.9599 GBP 4.9669 GBP 4.9699 GBP 4.9709 82.9226 ZAR 84.0069 ZAR 84.1100 ZAR
4.8559 GBP 4.8563 GBP 4.8580 GBP 4.8582 GBP 4.8583 GBP 4.8584 GBP 4.8590 GBP 4.8781 GBP 4.8804 GBP 4.8813 GBP 4.9046 GBP 4.9111 GBP 4.9122 GBP 4.9128 GBP 4.9132 GBP 4.9140 GBP 4.9232 GBP 4.9239 GBP 4.9430 GBP 4.9472 GBP 4.9485 GBP 4.9591 GBP 4.9622 GBP 4.9683 GBP 4.9719 GBP 4.9752 GBP 84.0094 ZAR 84.1125 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: | 02 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