22nd Feb 2018 07:00
AMENDMENT
INCREASED EQUITY PURCHASES BY 5,089 TO 709,522
INCREASED EQUITY SALES BY 1,640 TO 656,551
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: | 22 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
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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 | 709,522
596,583 59,968 | 5.0040 GBP
5.0040 GBP 84.2312 ZAR | 4.9570 GBP
4.9580 GBP 84.2312 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 | 6 279 14,523 14,284 42,031 110 114 282 3,435 1,145 44,594 1,156 1,115 579 205 867 7,154 288 59,968 59,968
93,307 5,089 124 35,116 1,024 37,894 2,063 14,519 2,272 122 12,363 251 28,016 32,940 8,373 39,949 4,610 4,210 941 39,102 12,480 1,377 950 4,104 3,142 23,573 1,022 7,125 537 1,988 1,008 53,902 6,066 | 4.9606 GBP 4.9607 GBP 4.9620 GBP 4.9629 GBP 4.9663 GBP 4.9700 GBP 4.9705 GBP 4.9763 GBP 4.9802 GBP 4.9806 GBP 4.9812 GBP 4.9839 GBP 4.9857 GBP 4.9869 GBP 4.9875 GBP 4.9876 GBP 4.9884 GBP 4.9998 GBP 83.7584 ZAR 84.2312 ZAR
4.9610 GBP 4.9612 GBP 4.9613 GBP 4.9621 GBP 4.9624 GBP 4.9633 GBP 4.9669 GBP 4.9697 GBP 4.9715 GBP 4.9745 GBP 4.9756 GBP 4.9760 GBP 4.9778 GBP 4.9789 GBP 4.9798 GBP 4.9812 GBP 4.9815 GBP 4.9822 GBP 4.9834 GBP 4.9847 GBP 4.9851 GBP 4.9858 GBP 4.9860 GBP 4.9873 GBP 4.9876 GBP 4.9880 GBP 4.9902 GBP 4.9913 GBP 4.9952 GBP 5.0026 GBP 5.0042 GBP 83.7449 ZAR 83.9037 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) |
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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: | 21 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