22nd Feb 2018 10:12
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: | 21 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 | 1,373,699
787,955 616,922 | 4.6951 GBP
4.7010 GBP 76.3912 ZAR | 4.6397 GBP
4.6354 GBP 76.3912 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
| 773 1,374 1,362 82 4,065 616 374 2,076 2,554 14,692 7,496 25,784 131,447 7,263 10,678 998 3,951 1,353 3,700 33,542 14,893 5,199 24,365 4,466 107,166 12,044 4,226 69,500 11,202 4,788 4,850 830 18,545 2,182 65,289 41,292 4,464 6,793 494 16,338 1,497 391 337 120 596,131 616,922 21,092 124
692 1,384 2,076 16,418 7,897 572 52,500 259,664 379,000 7,688 210,581 43,104 43,624 12,505 45,657 66,464 42,032 56,674 3,275 2,758 1,963 1,679 855 391 337 120 516,360 100,863 124 | 4.6354 GBP 4.6380 GBP 4.6401 GBP 4.6440 GBP 4.6445 GBP 4.6449 GBP 4.6458 GBP 4.6459 GBP 4.6574 GBP 4.6575 GBP 4.6597 GBP 4.6608 GBP 4.6627 GBP 4.6630 GBP 4.6631 GBP 4.6660 GBP 4.6695 GBP 4.6702 GBP 4.6739 GBP 4.6740 GBP 4.6749 GBP 4.6767 GBP 4.6768 GBP 4.6769 GBP 4.6780 GBP 4.6781 GBP 4.6783 GBP 4.6785 GBP 4.6789 GBP 4.6794 GBP 4.6831 GBP 4.6833 GBP 4.6846 GBP 4.6859 GBP 4.6879 GBP 4.6893 GBP 4.6905 GBP 4.6909 GBP 4.6916 GBP 4.6922 GBP 4.6935 GBP 75.9872 ZAR 76.1100 ZAR 76.1558 ZAR 76.2770 ZAR 76.3912 ZAR 76.4977 ZAR 76.5042 ZAR
4.6421 GBP 4.6426 GBP 4.6438 GBP 4.6451 GBP 4.6461 GBP 4.6562 GBP 4.6664 GBP 4.6676 GBP 4.6681 GBP 4.6700 GBP 4.6715 GBP 4.6758 GBP 4.6766 GBP 4.6770 GBP 4.6771 GBP 4.6772 GBP 4.6773 GBP 4.6775 GBP 4.6784 GBP 4.6785 GBP 4.6789 GBP 4.6796 GBP 4.6831 GBP 75.9872 ZAR 76.1123 ZAR 76.1558 ZAR 76.2451 ZAR 76.5003 ZAR 76.5042 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: | 22 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