24th Jan 2018 18:08
AMENDMENT
DECREASED EQUITY PURCASES BY 558,220 TO 558,220
DECREASED EQUITY SALES BY 311,334 TO 311,334
ADDED EQUITY SWAP PURCHASES OF 133,519
ADDED EQUITY SWAP SALES OF 253,367
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: | 02 January 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 (GBP) | Lowest price per unit paid/received (GBP) |
Ordinary Shares | Purchases
Sales | 558,220
311,334 | 5.4660
5.4652 | 5.4200
5.4200 |
(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
| 423 2,296 35,686 923 136 24,872 2,082 451 15,873 2,069 1,310 27,754 43,613 1,007 106,341 1,124
485 8,581 27,655 55 3,747 64,565 1,067 6,759 12,089 8,425 4,456 29,641 2,167 43,277 684 2,796 5,828 8,261 2,432 155 316 25,785 1,369 2,094 956 5,780 25,184 2,650 1,772 31,151 2 254 59,868 755 58,279 49,186 | 5.4356 GBP 5.4379 GBP 5.4397 GBP 5.4423 GBP 5.4456 GBP 5.4457 GBP 5.4463 GBP 5.4475 GBP 5.4495 GBP 5.4498 GBP 5.4501 GBP 5.4517 GBP 5.4520 GBP 5.4538 GBP 91.0631 ZAR 91.3373 ZAR
5.4284 GBP 5.4289 GBP 5.4317 GBP 5.4319 GBP 5.4326 GBP 5.4330 GBP 5.4370 GBP 5.4387 GBP 5.4390 GBP 5.4409 GBP 5.4411 GBP 5.4416 GBP 5.4418 GBP 5.4425 GBP 5.4442 GBP 5.4443 GBP 5.4449 GBP 5.4450 GBP 5.4454 GBP 5.4460 GBP 5.4461 GBP 5.4477 GBP 5.4480 GBP 5.4482 GBP 5.4487 GBP 5.4497 GBP 5.4500 GBP 5.4502 GBP 5.4515 GBP 5.4523 GBP 5.4524 GBP 5.4546 GBP 5.4551 GBP 5.4604 GBP 91.0211 ZAR 91.1251 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