5th Apr 2018 10:31
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: | 4 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 & Klepierre S.A.
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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 (GBP) | Lowest price per unit paid/received (GBP) |
Ordinary Shares | Purchases
Sales | 795,607
1,358,826 | 5.4000
5.3980 | 5.3240
5.3260 |
(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
| 43,488 8,467 866 3,005 4,285 14,160 89,100 1,341 454 422,773 204 132 5,398 1,736 1,131 61,061 11,287 1,297 489 2,629 4,545 3,070 4,415 4,111 964
1,902 1,080 105 174 3,910 1,500 47,547 22,467 4,282 10,475 41,149 85,578 86,796 50,548 2,415 43,817 365 599 690 4,545 1,480 4,415 4,111 900 964 | 5.3537 GBP 5.3638 GBP 5.3647 GBP 5.3654 GBP 5.3655 GBP 5.3666 GBP 5.3675 GBP 5.3696 GBP 5.3715 GBP 5.3724 GBP 5.3762 GBP 5.3780 GBP 5.3820 GBP 5.3828 GBP 5.3836 GBP 5.3838 GBP 5.3849 GBP 5.3938 GBP 5.3939 GBP 5.3978 GBP 89.4068 ZAR 89.8721 ZAR 90.1460 ZAR 90.2100 ZAR 90.4770 ZAR
5.3445 GBP 5.3448 GBP 5.3460 GBP 5.3464 GBP 5.3555 GBP 5.3626 GBP 5.3632 GBP 5.3639 GBP 5.3643 GBP 5.3646 GBP 5.3702 GBP 5.3735 GBP 5.3772 GBP 5.3840 GBP 5.3852 GBP 5.3949 GBP 5.3982 GBP 5.4002 GBP 88.9600 ZAR 89.4068 ZAR 90.0652 ZAR 90.1494 ZAR 90.2100 ZAR 90.2600 ZAR 90.4800 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) |
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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: | 5 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