14th Mar 2018 11:50
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 March 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 (GBP) | Lowest price per unit paid/received (GBP) |
Ordinary Shares | Purchases
Sales | 889,655
742,466 | 4.6150
4.6150 | 4.5300
4.5209 |
(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
| 2,516 547 39,645 1,095 1,138 56 13,125 10,224 1,322 13,397 34,900 5,883 12,005 52,616 15,728 20,450 12,257 427 23,608 10,790 2,476 1,957 10,336 75,131 16,269 1,739 3,354 704 201,644 2,932 1,225 1,077 198,554 2,492 44,445 33,220
19,820 9,498 111,655 76,344 2,125 22,668 28,679 1,707 5,598 70,044 18,636 12,306 2,490 8,634 50,794 66,737 27,073 4,575 6,710 1,575 1,538 2,438 700 81,051 850 53 896 569 213 1,110 1,098 1,134 1,077 119,771 46,937 112,003 | 4.5170 GBP 4.5406 GBP 4.5498 GBP 4.5514 GBP 4.5516 GBP 4.5557 GBP 4.5559 GBP 4.5624 GBP 4.5643 GBP 4.5660 GBP 4.5727 GBP 4.5744 GBP 4.5790 GBP 4.5806 GBP 4.5837 GBP 4.5838 GBP 4.5842 GBP 4.5848 GBP 4.5849 GBP 4.5868 GBP 4.5869 GBP 4.5884 GBP 4.5894 GBP 4.5902 GBP 4.5909 GBP 4.5922 GBP 4.5939 GBP 4.5959 GBP 4.5977 GBP 4.6015 GBP 4.6099 GBP 74.8975 ZAR 75.2409 ZAR 75.4050 ZAR 75.5076 ZAR 75.7677 ZAR
4.5562 GBP 4.5572 GBP 4.5633 GBP 4.5639 GBP 4.5659 GBP 4.5662 GBP 4.5687 GBP 4.5693 GBP 4.5724 GBP 4.5758 GBP 4.5778 GBP 4.5799 GBP 4.5800 GBP 4.5824 GBP 4.5831 GBP 4.5833 GBP 4.5834 GBP 4.5835 GBP 4.5837 GBP 4.5839 GBP 4.5840 GBP 4.5848 GBP 4.5861 GBP 4.5862 GBP 4.5870 GBP 4.5881 GBP 4.5890 GBP 4.5940 GBP 4.6000 GBP 4.6020 GBP 4.6095 GBP 4.6115 GBP 74.8975 ZAR 74.9651 ZAR 75.5045 ZAR 75.6967 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) |
|
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
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(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 March 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