24th Jan 2018 18:07
AMENDMENT
DECREASED EQUITY PURCASES BY 1,420 TO 936,839
DECREASED EQUITY SALES BY 143,229 TO 685,350
ADDED EQUITY SWAP PURCHASES OF 1,999,168
ADDED EQUITY SWAP SALES OF 732,881
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: | 21 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 | 936,839
685,350 | 5.3450
5.3450 | 5.2623
5.2525 |
(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
| 534 1,573 1,836,073 6,315 776 8,206 8,760 28,199 3,677 600 12,732 761 43,698 21,065 20,882 17,102 562 755 35,300 177 1,509 491,941 141,720
1,814 36,647 1,836,073 38,370 14,600 32,507 3,281 1,198 3,696 18,406 3,930 58,994 11,020 22,936 4,337 74,224 1,057 2,783 2,831 418 23 3,096 15 22,804 40,888 108,667 1,197 1,509 491,941 126,194 15,526 | 5.2550 GBP 5.2605 GBP 5.2950 GBP 5.2958 GBP 5.3000 GBP 5.3016 GBP 5.3025 GBP 5.3037 GBP 5.3048 GBP 5.3075 GBP 5.3091 GBP 5.3096 GBP 5.3140 GBP 5.3204 GBP 5.3233 GBP 5.3248 GBP 5.3286 GBP 5.3298 GBP 5.3413 GBP 5.3446 GBP 89.5369 ZAR 90.3500 ZAR 90.4933 ZAR
5.2580 GBP 5.2895 GBP 5.2950 GBP 5.3028 GBP 5.3052 GBP 5.3100 GBP 5.3125 GBP 5.3127 GBP 5.3134 GBP 5.3140 GBP 5.3143 GBP 5.3144 GBP 5.3149 GBP 5.3190 GBP 5.3223 GBP 5.3225 GBP 5.3244 GBP 5.3246 GBP 5.3250 GBP 5.3252 GBP 5.3276 GBP 5.3278 GBP 5.3284 GBP 5.3324 GBP 5.3381 GBP 5.3450 GBP 5.3451 GBP 89.5369 ZAR 90.3500 ZAR 90.4866 ZAR 90.5730 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