17th Jan 2018 11:33
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: | 16 January 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 | 947,660
315,138 172,832 | 5.1800 GBP
5.1787 GBP 87.0716 ZAR | 5.1360 GBP
5.1360 GBP 87.0716 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
| 4,882 45,000 1,605 4 8,959 296 2,229 7 3,462 51,767 1,430 1,998 738 80,502 172,832 172,832
287 1,690 1,413 11,554 2,511 6,836 19,927 15,244 1,635 3,388 6,125 63,434 4,027 32,373 31,405 9,061 1,795 8,990 127,399 589 89,803 17,381 4,368 117 12,722 1,197 18,727 7,640 100,000 27,669 6,077 85,874 5,323 48,881 3,151 2,231 1,180 418 3,111 172,832 80,502 | 5.1478 GBP 5.1480 GBP 5.1519 GBP 5.1536 GBP 5.1537 GBP 5.1540 GBP 5.1576 GBP 5.1580 GBP 5.1599 GBP 5.1611 GBP 5.1621 GBP 5.1737 GBP 5.1777 GBP 5.3300 GBP 87.0716 ZAR 87.1911 ZAR
5.1400 GBP 5.1419 GBP 5.1449 GBP 5.1464 GBP 5.1484 GBP 5.1500 GBP 5.1501 GBP 5.1505 GBP 5.1512 GBP 5.1517 GBP 5.1520 GBP 5.1521 GBP 5.1522 GBP 5.1523 GBP 5.1531 GBP 5.1532 GBP 5.1539 GBP 5.1542 GBP 5.1543 GBP 5.1544 GBP 5.1545 GBP 5.1546 GBP 5.1551 GBP 5.1562 GBP 5.1571 GBP 5.1573 GBP 5.1575 GBP 5.1576 GBP 5.1600 GBP 5.1611 GBP 5.1623 GBP 5.1632 GBP 5.1634 GBP 5.1635 GBP 5.1645 GBP 5.1679 GBP 5.1702 GBP 5.1740 GBP 5.1841 GBP 87.1937 ZAR 89.0110 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) |
Ordinary Shares |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit (GBP) |
Ordinary Shares |
(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) |
|
(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: | 17 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 and must also be emailed to the Takeover Panel at [email protected]. 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