1st Mar 2018 10:28
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: | 28 February 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 | Lowest price per unit paid/received |
Ordinary Shares | Purchases
Sales | 2,570,845
3,890,702 574,155 | 4.5400 GBP
4.5425 GBP 74.1880 ZAR | 4.4620 GBP
4.4601 GBP 72.6006 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
| 7,617 337 651,973 716 14,238 798,000 3,213 5,252 8,764 28,933 40,304 95,778 300,000 2,868 5,440 1,888 3,621 229 8,999 7,994 172 2,776 6,005 1,022 647 126,043 215,479 418,126 8,958 7,685 533,155
78,458 602 184 60,294 34,592 775 930 62,145 604 2,210 1,872 2,116 10,826 21,326 8,032 21,600 12,080 3,369 5,483 6,338 194,486 45,229 83,833 35,954 118,789 29,978 55,247 1,494 30,319 4,549 16,536 67,541 13,961 7,811 74,620 6,098 7,306 33,876 4,620 4,446 1,897 390,136 16,643 27,990 126,043 215,479 | 4.4696 GBP 4.4698 GBP 4.4700 GBP 4.4709 GBP 4.4833 GBP 4.4835 GBP 4.4839 GBP 4.4871 GBP 4.4904 GBP 4.4916 GBP 4.4929 GBP 4.4946 GBP 4.4965 GBP 4.4973 GBP 4.4974 GBP 4.5049 GBP 4.5050 GBP 4.5110 GBP 4.5128 GBP 4.5198 GBP 4.5209 GBP 4.5221 GBP 4.5227 GBP 4.5230 GBP 4.5239 GBP 4.6770 GBP 4.6980 GBP 73.2146 ZAR 73.5339 ZAR 73.6618 ZAR 74.1880 ZAR
4.4642 GBP 4.4671 GBP 4.4695 GBP 4.4700 GBP 4.4702 GBP 4.4706 GBP 4.4719 GBP 4.4721 GBP 4.4756 GBP 4.4773 GBP 4.4780 GBP 4.4794 GBP 4.4796 GBP 4.4798 GBP 4.4803 GBP 4.4818 GBP 4.4844 GBP 4.4873 GBP 4.4878 GBP 4.4879 GBP 4.4898 GBP 4.4899 GBP 4.4906 GBP 4.4930 GBP 4.4940 GBP 4.4941 GBP 4.4945 GBP 4.4952 GBP 4.4961 GBP 4.4964 GBP 4.4967 GBP 4.4974 GBP 4.4995 GBP 4.5010 GBP 4.5028 GBP 4.5079 GBP 4.5085 GBP 4.5104 GBP 4.5105 GBP 4.5151 GBP 4.5270 GBP 73.1736 ZAR 73.5951 ZAR 73.8190 ZAR 75.8609 ZAR 76.3425 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
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(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: | 01 March 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