28th Feb 2018 09:50
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: | 27 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 | 2,731,035
3,077,205 123,874 | 4.6760 GBP
4.6790 GBP 75.1335 ZAR | 4.5570 GBP
4.5567 GBP 75.1335 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
| 85,023 102,793 1,445 51,529 4,135 34,786 2,065 14,944 2,828 3,962 17,094 684,868 1,516 95,889 3,744 2,681 10,861 3,929 636 678 16,006 4,538 473 4,816 106,466 123,874 1,395
2,431 28,494 2,681 60,447 46 3,635 100,914 7,472 2,665 6,742 1,612 8,895 3,647 10,575 4,132 159,169 4,579 1,292 6,912 40,665 2,137 157,355 11,780 6,497 7,561 23,127 94,523 13,478 2,747 3,317 8,493 13,633 59,564 5,781 24,729 14,255 9,106 16,663 678 143 688 1,548 106,466 1,395 | 4.5567 GBP 4.5570 GBP 4.5573 GBP 4.5707 GBP 4.5710 GBP 4.5719 GBP 4.5727 GBP 4.5732 GBP 4.5735 GBP 4.5760 GBP 4.5776 GBP 4.5778 GBP 4.5847 GBP 4.5861 GBP 4.5926 GBP 4.6022 GBP 4.6035 GBP 4.6036 GBP 4.6154 GBP 4.6289 GBP 4.6319 GBP 4.6403 GBP 4.6497 GBP 4.6623 GBP 74.9137 ZAR 75.1335 ZAR 75.8372 ZAR
4.5571 GBP 4.5572 GBP 4.5573 GBP 4.5586 GBP 4.5631 GBP 4.5675 GBP 4.5685 GBP 4.5692 GBP 4.5721 GBP 4.5731 GBP 4.5735 GBP 4.5738 GBP 4.5746 GBP 4.5752 GBP 4.5756 GBP 4.5762 GBP 4.5767 GBP 4.5771 GBP 4.5793 GBP 4.5802 GBP 4.5829 GBP 4.5834 GBP 4.5835 GBP 4.5851 GBP 4.5883 GBP 4.5909 GBP 4.5920 GBP 4.5923 GBP 4.5926 GBP 4.5938 GBP 4.5940 GBP 4.5964 GBP 4.6008 GBP 4.6041 GBP 4.6053 GBP 4.6064 GBP 4.6090 GBP 4.6174 GBP 4.6291 GBP 4.6540 GBP 4.6621 GBP 4.6637 GBP 74.9159 ZAR 75.8372 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: | 28 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