9th Feb 2018 09:44
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: | 08 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 | 1,398,087
2,174,830 52,342 | 4.6840 GBP
4.6840 GBP 78.2930 ZAR | 4.6205 GBP
4.6180 GBP 78.2930 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
| 26,855 23,262 36 10,609 1,261 177,740 37,000 10,730 28,721 6,000 23,557 10,308 1,705 1,202 38,000 6,945 22,589 72,822 5,151 2,659 8,433 25,774 1,204 1,228 498 1,801 907 52,342 52,342
77,062 8,365 609 789 14,307 1,226 12,986 1,929 2,817 44,543 27,127 10,177 2,757 4,241 800 3,120 33,644 8,924 1,380 1,885 20,879 2,823 1,218 10,634 599 1,661 638 496 619 1,206 688 3,716 7,840 3,852 495 907 5,511 3,880 650 14,904 1 11,493 | 4.6244 GBP 4.6280 GBP 4.6297 GBP 4.6298 GBP 4.6300 GBP 4.6305 GBP 4.6313 GBP 4.6319 GBP 4.6321 GBP 4.6335 GBP 4.6345 GBP 4.6350 GBP 4.6363 GBP 4.6396 GBP 4.6397 GBP 4.6409 GBP 4.6412 GBP 4.6438 GBP 4.6448 GBP 4.6457 GBP 4.6472 GBP 4.6473 GBP 4.6509 GBP 4.6513 GBP 4.6539 GBP 4.6560 GBP 78.1034 ZAR 78.2866 ZAR 78.2930 ZAR
4.6300 GBP 4.6301 GBP 4.6322 GBP 4.6356 GBP 4.6360 GBP 4.6385 GBP 4.6401 GBP 4.6402 GBP 4.6406 GBP 4.6408 GBP 4.6448 GBP 4.6454 GBP 4.6464 GBP 4.6472 GBP 4.6474 GBP 4.6483 GBP 4.6486 GBP 4.6497 GBP 4.6501 GBP 4.6521 GBP 4.6532 GBP 4.6550 GBP 4.6561 GBP 4.6568 GBP 4.6571 GBP 4.6594 GBP 4.6611 GBP 4.6613 GBP 4.6616 GBP 4.6621 GBP 4.6741 GBP 77.9491 ZAR 77.9599 ZAR 77.9624 ZAR 78.0642 ZAR 78.1034 ZAR 78.1519 ZAR 78.2539 ZAR 78.4000 ZAR 78.4844 ZAR 78.5400 ZAR 78.5603 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) |
|
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: | 09 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