6th Feb 2018 10:05
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 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 | 2,424,664
2,893,706 245,479 | 4.8114
4.8276 82.8144 | 4.7330
4.7370 82.8144 |
(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
| 1,041 4,344 1,348 517 919 7,510 676 67 773 900 3,018 27,028 6,716 1,390 34,899 5,715 106,144 6,906 5,537 912 2,065 2,961 747 874 400 917 1 2,849 730 246,209 672 245,479
50,000 5,387 29,586 6,391 5,644 33,173 24,995 723 16,447 742 5,708 3,606 101,106 14,447 58,637 6,168 32,386 17,298 27,883 6,283 24 98,447 13,807 1,348 16,312 1,348 1,477 1,797 31,547 79,999 899 581 4,975 730 57,485 8,595 4,451 19,626 18,905 34,514 672 3,648 32,224 56,358 5,428 | 4.7398 GBP 4.7451 GBP 4.7484 GBP 4.7492 GBP 4.7536 GBP 4.7561 GBP 4.7589 GBP 4.7606 GBP 4.7609 GBP 4.7629 GBP 4.7647 GBP 4.7655 GBP 4.7658 GBP 4.7667 GBP 4.7695 GBP 4.7699 GBP 4.7718 GBP 4.7719 GBP 4.7724 GBP 4.7770 GBP 4.7842 GBP 4.7855 GBP 4.7867 GBP 4.7874 GBP 4.7907 GBP 4.8004 GBP 4.8119 GBP 4.8276 GBP 80.2400 ZAR 80.8797 ZAR 81.2356 ZAR 82.8144 ZAR
4.7439 GBP 4.7518 GBP 4.7519 GBP 4.7537 GBP 4.7538 GBP 4.7543 GBP 4.7570 GBP 4.7588 GBP 4.7600 GBP 4.7601 GBP 4.7635 GBP 4.7643 GBP 4.7650 GBP 4.7652 GBP 4.7654 GBP 4.7657 GBP 4.7662 GBP 4.7668 GBP 4.7671 GBP 4.7685 GBP 4.7701 GBP 4.7706 GBP 4.7728 GBP 4.7751 GBP 4.7755 GBP 4.7761 GBP 4.7780 GBP 4.7799 GBP 4.7806 GBP 4.7810 GBP 4.7811 GBP 4.7950 GBP 80.1850 ZAR 80.2424 ZAR 80.2993 ZAR 80.3802 ZAR 80.3842 ZAR 80.4150 ZAR 80.4732 ZAR 80.9401 ZAR 81.2356 ZAR 81.3009 ZAR 81.4643 ZAR 81.4938 ZAR 81.5522 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: | 06 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