30th Jan 2018 17:58
AMENDMENT
INCREASED EQUITY PURCHASES BY 1,715 TO 2,056,044
INCREASED EQUITY SALES BY 2,586 TO 2,241,375
ADDED EQUITY SWAP PURCHASES OF 59,968
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: | 25 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
|
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 | 2,056,044
2,151,985 89,390 | 4.9890 GBP
4.9875 GBP 83.9965 ZAR | 4.9090 GBP
4.9088 GBP 83.9965 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 | 6 70,213 133,006 657 1,957 1,462 5,742 3,443 33,100 907 3,032 3,131 2,104 7,046 1,664 81,019 2,655 2,032 2,610 5,021 2,693 59,968 89,390 17,788 2,520 71,602
1,077 24,014 91,730 35,846 308 13,846 28,360 24 2,570 4,452 3,239 2,316 983 784 7,738 5,493 28,055 5,514 2,672 1,567 21,997 3,203 6,761 94,453 34,304 21,968 790 2,912 11,650 4,856 57,350 652 31,063 7,176 6,638 30,432 4,052 6,434 4,849 2,765 39,058 9,874 10,505 2,514 3,152 1,089 1,726 2,520 89,390 | 4.9086 GBP 4.9088 GBP 4.9090 GBP 4.9199 GBP 4.9245 GBP 4.9251 GBP 4.9259 GBP 4.9277 GBP 4.9295 GBP 4.9302 GBP 4.9435 GBP 4.9480 GBP 4.9490 GBP 4.9538 GBP 4.9616 GBP 4.9640 GBP 4.9642 GBP 4.9762 GBP 4.9783 GBP 4.9800 GBP 4.9804 GBP 4.9900 GBP 83.9965 ZAR 84.0875 ZAR 84.2314 ZAR 84.4015 ZAR
4.9091 GBP 4.9094 GBP 4.9104 GBP 4.9109 GBP 4.9116 GBP 4.9200 GBP 4.9203 GBP 4.9208 GBP 4.9233 GBP 4.9234 GBP 4.9236 GBP 4.9240 GBP 4.9243 GBP 4.9272 GBP 4.9276 GBP 4.9301 GBP 4.9316 GBP 4.9405 GBP 4.9431 GBP 4.9441 GBP 4.9444 GBP 4.9450 GBP 4.9458 GBP 4.9484 GBP 4.9497 GBP 4.9539 GBP 4.9542 GBP 4.9548 GBP 4.9565 GBP 4.9580 GBP 4.9585 GBP 4.9599 GBP 4.9604 GBP 4.9605 GBP 4.9606 GBP 4.9607 GBP 4.9618 GBP 4.9622 GBP 4.9646 GBP 4.9650 GBP 4.9661 GBP 4.9683 GBP 4.9692 GBP 4.9703 GBP 4.9743 GBP 4.9809 GBP 4.9865 GBP 84.2314 ZAR 84.3415 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) |
|
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
|
| Date of disclosure: | 30 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