12th Feb 2018 09:32
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: | 09 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
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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 | 457,632
574,345 156,506 | 4.6860 GBP
4.6820 GBP 78.2933 ZAR | 4.5860 GBP
4.6040 GBP 78.2933 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
| 671 1,333 1,721 1,858 3,323 24,582 3,067 108,920 1,084 1,078 18,472 16,578 52,623 621 78,090 3,227 1,998 14,048 4,443 44,011 16,079 29,776 147 202 5,865 28,074 142,068 27,187 14,438 968 156,506
19,605 556 8,134 4,555 39,216 5,519 1,409 647 2,425 118,935 1,460 6,681 12,023 47,664 11,499 30,965 17,404 6,844 6,935 13,364 1,016 23,252 3,871 81,096 1,895 27,187 21,211 25,181 968 | 4.6190 GBP 4.6277 GBP 4.6329 GBP 4.6374 GBP 4.6455 GBP 4.6477 GBP 4.6486 GBP 4.6488 GBP 4.6489 GBP 4.6496 GBP 4.6514 GBP 4.6518 GBP 4.6567 GBP 4.6576 GBP 4.6577 GBP 4.6578 GBP 4.6579 GBP 4.6584 GBP 4.6589 GBP 4.6623 GBP 4.6661 GBP 4.6689 GBP 4.6695 GBP 4.6766 GBP 4.6785 GBP 4.6796 GBP 77.9928 ZAR 78.0147 ZAR 78.1277 ZAR 78.2365 ZAR 78.2933 ZAR
4.6116 GBP 4.6412 GBP 4.6432 GBP 4.6444 GBP 4.6469 GBP 4.6485 GBP 4.6490 GBP 4.6491 GBP 4.6500 GBP 4.6510 GBP 4.6550 GBP 4.6559 GBP 4.6562 GBP 4.6580 GBP 4.6581 GBP 4.6599 GBP 4.6603 GBP 4.6604 GBP 4.6633 GBP 4.6641 GBP 4.6650 GBP 77.8333 ZAR 77.8755 ZAR 77.9820 ZAR 78.0007 ZAR 78.0147 ZAR 78.0903 ZAR 78.2020 ZAR 78.2365 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: | 12 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