24th Jan 2018 10:29
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: | 23 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 | 958,370
1,248,018 60,899 | 5.0260 GBP
5.0261 GBP 83.5432 ZAR | 4.9300 GBP
4.9290 GBP 83.5432 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 | 1,850 113 2,663 91,154 741 17,637 6,118 36 1,434 33 7,611 1,889 2,110 2,253 13,675 101,938 2,084 743 5,084 109,189 915 4,922 23,907 1,874 1,854 4,904 11,621 10,252 60,899 60,932
568 5,967 99 26,222 7,058 9,673 1,941 19,176 1,853 792 38,899 7,205 8,848 1,001 20,250 1,254 13,641 156 19 10,141 622 844 557 40,456 5,338 97,897 8,275 60,932 | 4.9506 GBP 4.9830 GBP 4.9885 GBP 4.9930 GBP 4.9947 GBP 4.9975 GBP 5.0004 GBP 5.0020 GBP 5.0029 GBP 5.0039 GBP 5.0100 GBP 5.0102 GBP 5.0137 GBP 5.0143 GBP 5.0157 GBP 5.0171 GBP 5.0194 GBP 5.0196 GBP 5.0198 GBP 5.0200 GBP 5.0202 GBP 5.0211 GBP 5.0217 GBP 5.0219 GBP 5.0226 GBP 5.0234 GBP 5.0238 GBP 5.0246 GBP 83.5432 ZAR 83.6850 ZAR
4.9327 GBP 4.9399 GBP 4.9435 GBP 4.9450 GBP 4.9491 GBP 4.9501 GBP 4.9546 GBP 4.9563 GBP 4.9723 GBP 4.9766 GBP 4.9814 GBP 4.9823 GBP 4.9832 GBP 4.9874 GBP 4.9900 GBP 4.9912 GBP 4.9914 GBP 4.9915 GBP 4.9930 GBP 4.9948 GBP 4.9972 GBP 4.9987 GBP 5.0021 GBP 5.0119 GBP 5.0157 GBP 5.0200 GBP 5.0203 GBP 83.6875 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
|
(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: | 24 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