14th Feb 2018 10:58
AMENDMENT
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 February 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 | 1,458,904
1,929,981 14,866 | 4.7174 GBP
4.7030 GBP 77.4625 ZAR | 4.6499 GBP
4.6480 GBP 77.4625 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
| 4,245 2,762 8,985 19,826 29,180 9,898 56,560 76,897 822 5,503 83,469 1,007 14,502 11,660 38,847 9,348 389,139 3,622 831 1,090 59,467 780 3,993 44 7,509 23,267 985 759 9,065 481 3,591 1,197 656 831 14,866 15,697
21,280 1,105 5,164 358 25,968 1,385 44,476 4,334 12,500 2,537 61,351 15,130 565 4,079 12,733 13,147 804 1,228 8,374 599 1,048 831 3,941 4,010 192 17,598 1,344 1,228 5,174 | 4.6516 GBP 4.6620 GBP 4.6644 GBP 4.6657 GBP 4.6660 GBP 4.6677 GBP 4.6696 GBP 4.6705 GBP 4.6709 GBP 4.6713 GBP 4.6730 GBP 4.6739 GBP 4.6751 GBP 4.6767 GBP 4.6796 GBP 4.6804 GBP 4.6810 GBP 4.6819 GBP 4.6826 GBP 4.6828 GBP 4.6832 GBP 4.6840 GBP 4.6841 GBP 4.6860 GBP 4.6869 GBP 4.6874 GBP 4.6875 GBP 4.6894 GBP 4.6896 GBP 4.6899 GBP 4.6919 GBP 4.6949 GBP 4.6987 GBP 77.0800 ZAR 77.4625 ZAR 77.5134 ZAR
4.6502 GBP 4.6640 GBP 4.6649 GBP 4.6661 GBP 4.6662 GBP 4.6690 GBP 4.6719 GBP 4.6723 GBP 4.6740 GBP 4.6742 GBP 4.6764 GBP 4.6773 GBP 4.6791 GBP 4.6798 GBP 4.6810 GBP 4.6830 GBP 4.6835 GBP 4.6841 GBP 4.6878 GBP 4.7091 GBP 4.7174 GBP 77.0823 ZAR 77.3800 ZAR 77.4063 ZAR 77.4070 ZAR 77.4218 ZAR 77.5721 ZAR 77.6400 ZAR 77.6597 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) |
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(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
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| Date of disclosure: | 14 February 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