18th Dec 2017 18:01
AMENDMENT
INCREASED EQUITY SALES BY 33,446 TO 1,107,511
ADDED EQUITY SWAP PURCHASES OF 33,446
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: | 13 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 | 827,560
1,107,511 | 5.2600
5.2600 | 5.2078
5.2018 |
(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
| 599 4,761 8,455 5,514 1,491 2,000 24,999 1,884 89,815 8,972 100,000 10,893 100,000 1,490 11,088 477 25,752 81,717 4,095 12,964 14,328 4,238 58,600 3,921 44 163 3,246 34,321 7,226 989 6,864 42,629 13,779
987 96,438 5,953 1,871 31,016 7,794 35,185 992 2,649 3,022 2,415 5,198 3,916 11,811 1,704 765 1,683 989 3,366 2,142 28,699 13,779 13,930 | 5.2048 GBP 5.2084 GBP 5.2107 GBP 5.2139 GBP 5.2198 GBP 5.2200 GBP 5.2210 GBP 5.2236 GBP 5.2298 GBP 5.2303 GBP 5.2309 GBP 5.2312 GBP 5.2313 GBP 5.2323 GBP 5.2328 GBP 5.2348 GBP 5.2351 GBP 5.2359 GBP 5.2387 GBP 5.2395 GBP 5.2423 GBP 5.2455 GBP 5.2483 GBP 5.2491 GBP 5.2496 GBP 5.2497 GBP 5.2498 GBP 5.2500 GBP 5.2503 GBP 5.2525 GBP 5.2546 GBP 94.9343 ZAR 94.9773 ZAR
5.2150 GBP 5.2284 GBP 5.2285 GBP 5.2310 GBP 5.2315 GBP 5.2320 GBP 5.2375 GBP 5.2425 GBP 5.2448 GBP 5.2452 GBP 5.2455 GBP 5.2459 GBP 5.2460 GBP 5.2502 GBP 5.2504 GBP 5.2512 GBP 5.2520 GBP 5.2525 GBP 5.2545 GBP 5.2602 GBP 94.8840 ZAR 94.9773 ZAR 95.0468 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