24th Jan 2018 18:07
AMENDMENT
INCREASED EQUITY PURCHASES BY 9,880 TO 923,352
INCREASED EQUITY SALES BY 44,486 TO 922,221
ADDED EQUITY SWAP PURCHASES OF 45,119
ADDED EQUITY SWAP SALES OF 66,562
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: | 15 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 | 923,352
922,221 | 5.3403
5.3400 | 5.2743
5.2750 |
(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
| 3,544 2,411 10,181 3,295 2,565 672 71,253 24,999 10,637 18,082 7,231 22,733 13,976 8,216 3,325 4,077 5,972 2,737 1,212 4,826 1,745 5,545 42 2,416 44,486 2,304 659 136,113 2,138 37,828 37,917
2,166 4,391 5,126 335 1,849 400 698 5,381 45,241 401 12,675 9,823 6 3,134 89,671 141 8,959 2,790 400 457 3,905 46,162 4,089 52,650 8,760 1,438 35,670 795 753 37,828 40,055 | 5.2871 GBP 5.2882 GBP 5.2977 GBP 5.2980 GBP 5.3008 GBP 5.3023 GBP 5.3035 GBP 5.3036 GBP 5.3069 GBP 5.3091 GBP 5.3098 GBP 5.3126 GBP 5.3130 GBP 5.3155 GBP 5.3165 GBP 5.3176 GBP 5.3180 GBP 5.3182 GBP 5.3223 GBP 5.3267 GBP 5.3278 GBP 5.3283 GBP 5.3299 GBP 5.3311 GBP 5.3335 GBP 5.3387 GBP 5.3396 GBP 5.3400 GBP 94.1100 ZAR 94.4903 ZAR 94.9922 ZAR
5.2803 GBP 5.2900 GBP 5.2923 GBP 5.2942 GBP 5.2943 GBP 5.2979 GBP 5.2987 GBP 5.3000 GBP 5.3015 GBP 5.3018 GBP 5.3039 GBP 5.3050 GBP 5.3055 GBP 5.3079 GBP 5.3094 GBP 5.3103 GBP 5.3140 GBP 5.3164 GBP 5.3179 GBP 5.3184 GBP 5.3211 GBP 5.3267 GBP 5.3273 GBP 5.3289 GBP 5.3293 GBP 5.3322 GBP 5.3334 GBP 5.3402 GBP 5.3404 GBP 94.4903 ZAR 94.9480 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