24th Jan 2018 18:08
AMENDMENT
DECREASED EQUITY PURCHASES BY 169,365 TO 2,174,879
DECREASED EQUITY SALES BY 180,253 TO 503,666
ADDED EQUITY SWAP PURCHASES OF 95,181
ADDED EQUITY SWAP SALES OF 44,200
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: | 18 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 | 2,174,879
503,666 | 5.3970
5.4100 | 5.3400
5.3396 |
(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
| 345 977 3,737 767 47,435 438 930 36,800 40,584 8,504 4,419 327 9,568 1,830 43,377 2,264 95,157 7,710 325 3,579 73,755 4,562 57,939 6,000 888 3,137 7,751
1,503,287 600 1,345 898 14,097 333 1,200 1,261 1,384 3,462 50,229 2,098 6,088 4,036 6,916 11,716 1,520 37,498 44,200 8,670 384,000 4,645 19,751 11 10,888 | 5.3396 GBP 5.3596 GBP 5.3601 GBP 5.3623 GBP 5.3637 GBP 5.3638 GBP 5.3648 GBP 5.3659 GBP 5.3720 GBP 5.3725 GBP 5.3729 GBP 5.3746 GBP 5.3747 GBP 5.3748 GBP 5.3750 GBP 5.3764 GBP 5.3765 GBP 5.3769 GBP 5.3775 GBP 5.3809 GBP 5.3810 GBP 5.3812 GBP 5.3852 GBP 5.3967 GBP 5.4011 GBP 93.4972 ZAR 93.7794 ZAR
5.3400 GBP 5.3552 GBP 5.3602 GBP 5.3622 GBP 5.3647 GBP 5.3655 GBP 5.3658 GBP 5.3682 GBP 5.3700 GBP 5.3702 GBP 5.3721 GBP 5.3728 GBP 5.3730 GBP 5.3736 GBP 5.3750 GBP 5.3754 GBP 5.3764 GBP 5.3783 GBP 5.3802 GBP 5.3849 GBP 5.3850 GBP 5.3865 GBP 5.3908 GBP 5.3955 GBP 93.7009 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: | 24 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