14th Feb 2018 09:40
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: | 13 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 | 1,306,245
945,359 223,991 | 4.6780 GBP
4.6740 GBP 76.7090 ZAR | 4.6180 GBP
4.6230 GBP 76.7090 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
| 4,273 1,402 1,967 899 6,363 10,033 2,749 41,700 21,493 21,648 13,368 1,647 4,821 862 160 3,269 17,178 6,700 10,032 3,156 295 20,126 51,409 15,345 3,092 45,331 622 1,441 2,704 2,224 685 223,991 58 224,002 47 14,544 1,834
58 19,637 14,526 3,921 107,226 98 22,492 3,847 35,624 5,369 5,655 21,074 1,947 3,905 51,577 11,200 52,789 32,517 111,770 3,502 22,371 21,010 57,548 6,859 4,433 1,312 58 224,002 47 14,544 1,834 | 4.6278 GBP 4.6289 GBP 4.6294 GBP 4.6299 GBP 4.6318 GBP 4.6319 GBP 4.6322 GBP 4.6326 GBP 4.6328 GBP 4.6331 GBP 4.6336 GBP 4.6345 GBP 4.6346 GBP 4.6355 GBP 4.6360 GBP 4.6373 GBP 4.6378 GBP 4.6389 GBP 4.6400 GBP 4.6402 GBP 4.6428 GBP 4.6445 GBP 4.6452 GBP 4.6465 GBP 4.6476 GBP 4.6489 GBP 4.6519 GBP 4.6547 GBP 4.6567 GBP 4.6630 GBP 4.6719 GBP 76.7090 ZAR 77.0600 ZAR 77.1173 ZAR 77.2377 ZAR 77.2498 ZAR 77.3468 ZAR
4.6264 GBP 4.6293 GBP 4.6302 GBP 4.6318 GBP 4.6321 GBP 4.6324 GBP 4.6337 GBP 4.6348 GBP 4.6351 GBP 4.6371 GBP 4.6372 GBP 4.6385 GBP 4.6430 GBP 4.6442 GBP 4.6460 GBP 4.6462 GBP 4.6503 GBP 4.6506 GBP 4.6517 GBP 4.6525 GBP 4.6551 GBP 4.6571 GBP 4.6572 GBP 4.6576 GBP 4.6593 GBP 4.6710 GBP 77.0623 ZAR 77.1196 ZAR 77.2400 ZAR 77.2498 ZAR 77.3468 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
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| Date of disclosure: | 14 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