18th Dec 2017 18:01
AMENDMENT
INCREASED EQUITY PURCHASES BY 524,178 TO 920,045
INCREASED EQUITY SALES BY 620,051 TO 1,431,293
ADDED EQUITY SWAP PURCHASES OF 561,752
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: | 12 December 2017 |
(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 (GBP) | Lowest price per unit paid/received (GBP) |
Ordinary Shares
| Purchases
Sales | 920,045
1,431,293 | 5.2500
5.2500 | 5.1458
5.1450 |
(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
| 500 2,064 126,917 30,775 21,500 27,688 97,916 15,193 1,432 24,999 5,325 6,777 13,369 3,877 5,263 477 387 13,196 548,383 300 4,200 18,088 1,962 560
621 3,772 674 4,381 2,325 3,692 12,996 7,440 18,088 1,494 23,821 521 4,645 101,190 5,398 1,027 2,708 1,306 795 1,016 86 18,088 1,167 560 | 5.1447 GBP 5.1561 GBP 5.1765 GBP 5.1900 GBP 5.1922 GBP 5.2005 GBP 5.2007 GBP 5.2035 GBP 5.2112 GBP 5.2144 GBP 5.2148 GBP 5.2150 GBP 5.2156 GBP 5.2175 GBP 5.2177 GBP 5.2182 GBP 5.2196 GBP 5.2197 GBP 5.2200 GBP 5.2216 GBP 5.2250 GBP 5.2350 GBP 5.2375 GBP 93.8900 ZAR
5.1554 GBP 5.1604 GBP 5.1652 GBP 5.1665 GBP 5.1702 GBP 5.1708 GBP 5.1783 GBP 5.1821 GBP 5.1825 GBP 5.1830 GBP 5.1831 GBP 5.1850 GBP 5.1853 GBP 5.1873 GBP 5.1883 GBP 5.1900 GBP 5.1922 GBP 5.1958 GBP 5.1968 GBP 5.2174 GBP 5.2203 GBP 5.2350 GBP 5.2375 GBP 93.8928 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) |
Ordinary Shares |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit (GBP) |
Ordinary Shares |
(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) |
|
(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: | 18 December 2017 |
| Contact name: | Evangelos Galiatsatos |
| Telephone number: | 020 7742 6148 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]. 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