24th Jan 2018 18:08
AMENDMENT
INCREASED EQUITY SALES BY 7,190 TO 647,094
ADDED EQUITY SWAP PURCHASES OF 57
ADDED EQUITY SWAP SALES OF 46,500
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: | 19 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 | 1,063,690
647,094 | 5.4017
5.4050 | 5.3400
5.3400 |
(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
| 278 57 460 3,615 2,330 26,283 19,827 5,758 97,718 20,571 1,224 191,187 3,069 10,476 59
42,007 22,938 97,469 37,623 1,000 5,460 8,935 1,529 7,245 837 45,500 12,907 46,500 1,474 24,534 4,470 495 26 4,477 3 95,104 30,778 366 3,113 10,606 3,849 4,557 1,390 2,951 26,866 9,945 2,147 10,892 183,127 2,822 6,938 10,321 121 4,202 3,519 59 6,957 | 5.3396 GBP 5.3400 GBP 5.3550 GBP 5.3569 GBP 5.3645 GBP 5.3647 GBP 5.3659 GBP 5.3668 GBP 5.3726 GBP 5.3730 GBP 5.3783 GBP 5.3829 GBP 5.3958 GBP 91.7693 ZAR 91.7900 ZAR
5.3400 GBP 5.3402 GBP 5.3405 GBP 5.3410 GBP 5.3452 GBP 5.3454 GBP 5.3455 GBP 5.3502 GBP 5.3513 GBP 5.3537 GBP 5.3587 GBP 5.3605 GBP 5.3608 GBP 5.3620 GBP 5.3638 GBP 5.3645 GBP 5.3653 GBP 5.3655 GBP 5.3669 GBP 5.3680 GBP 5.3689 GBP 5.3697 GBP 5.3701 GBP 5.3702 GBP 5.3711 GBP 5.3732 GBP 5.3749 GBP 5.3755 GBP 5.3763 GBP 5.3767 GBP 5.3781 GBP 5.3787 GBP 5.3800 GBP 5.3819 GBP 5.3828 GBP 5.3851 GBP 5.3863 GBP 5.4000 GBP 5.4001 GBP 91.6892 ZAR 91.7928 ZAR 91.8139 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: | 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