5th Jan 2018 11:06
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: | 04 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 | 777,670
799,542 84,371 | 5.4476 (GBP)
5.4333 (GBP 91.2943 (ZAR) | 5.3300 (GBP)
5.3284 (GBP) 91.2943 (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
| 965 894 1,822 584 1,373 3,221 2,449 6,466 4,515 23,048 2,333 70,856 1,363 969 16,723 2,417 17,691 45,318 2,871 27,567 8,584 2,022 12,248 84,371
34 41,584 678 60,215 6,543 31,237 13,713 2,590 2,842 41,800 33,234 31,267 950 4,329 2,255 605 45,012 1,632 118,385 1,068 4,568 27,347 1,514 135 1,220 10,966 606 48 2,860 23,668 6,860 15,772 31,833 6,836 10,335 4,330 13,990 3,404 3,054 | 5.3354 GBP 5.3375 GBP 5.3380 GBP 5.3388 GBP 5.3389 GBP 5.3400 GBP 5.3436 GBP 5.3437 GBP 5.3439 GBP 5.3463 GBP 5.3497 GBP 5.3499 GBP 5.3503 GBP 5.3515 GBP 5.3599 GBP 5.3691 GBP 5.3773 GBP 5.3855 GBP 5.3870 GBP 5.3946 GBP 5.3952 GBP 5.3991 GBP 5.4086 GBP 91.2943 ZAR
5.3304 GBP 5.3320 GBP 5.3322 GBP 5.3324 GBP 5.3355 GBP 5.3360 GBP 5.3414 GBP 5.3417 GBP 5.3422 GBP 5.3435 GBP 5.3505 GBP 5.3534 GBP 5.3541 GBP 5.3547 GBP 5.3566 GBP 5.3603 GBP 5.3615 GBP 5.3642 GBP 5.3773 GBP 5.3826 GBP 5.3894 GBP 5.3902 GBP 5.3997 GBP 5.4022 GBP 5.4064 GBP 5.4108 GBP 5.4144 GBP 5.4235 GBP 5.4476 GBP 89.2216 ZAR 89.3363 ZAR 89.3487 ZAR 89.4804 ZAR 89.6380 ZAR 89.8040 ZAR 89.8931 ZAR 89.9045 ZAR 89.9549 ZAR 90.5600 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: | 05 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