26th Jan 2018 18:21
AMENDMENT
INCREASED EQUITY PURCHASES BY 13,718 TO 637,547
ADDED EQUITY SWAP PURCHASES OF 58,891
ADDED EQUITY SWAP SALES OF 106,262
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: | 05 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 | 637,547
366,291 10,445 | 5.3900 GBP
5.3880 GBP 88.8844 ZAR | 5.3280 GBP
5.3280 GBP 88.8844 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 | 617 525 1,691 142 1,083 36,510 1 58,891 49,389 3,301 3,253 27,630 10,526 270 31,248 10,445 10,967 10,445
8,964 600 7,239 31,405 15,436 2,369 25,254 141,395 8,980 7,605 31,738 3,369 840 3,867 23,503 22,273 8,899 34 4,054 13,718 1,798 49,295 1,500 10,321 1,293 124 10,967 10,445 | 5.3280 GBP 5.3526 GBP 5.3556 GBP 5.3560 GBP 5.3584 GBP 5.3593 GBP 5.3596 GBP 5.3600 GBP 5.3605 GBP 5.3627 GBP 5.3645 GBP 5.3648 GBP 5.3673 GBP 5.3695 GBP 5.3762 GBP 88.8844 ZAR 89.8847 ZAR 90.0205 ZAR
5.3512 GBP 5.3522 GBP 5.3578 GBP 5.3596 GBP 5.3598 GBP 5.3599 GBP 5.3602 GBP 5.3603 GBP 5.3604 GBP 5.3613 GBP 5.3616 GBP 5.3617 GBP 5.3634 GBP 5.3635 GBP 5.3636 GBP 5.3649 GBP 5.3654 GBP 5.3659 GBP 5.3666 GBP 5.3670 GBP 5.3682 GBP 5.3686 GBP 5.3694 GBP 5.3762 GBP 5.3770 GBP 5.3882 GBP 89.8847 ZAR 90.0232 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
|
| Date of disclosure: | 26 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