15th Feb 2018 10:38
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: | 14 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
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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 | 636,175
1,072,174 59,251 | 4.7090 GBP
4.7100 GBP 76.8912 ZAR | 4.5980 GBP
4.5980 GBP 76.8912 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
| 4,454 422,139 942 2,807 31,616 1,963 28,500 8,298 2,463 46 1,384 4,684 3,613 1,903 60,611 5,500 14,082 9,642 57 2,731 59,251 1,059 1,854 59,251
17,959 57 1,783 103,492 10,881 13,916 8,341 18,061 692 1,557 324 2,068 38,631 9,584 948 48,410 1,507 19,871 14,680 2,978 8,560 7,445 6,238 20,826 21,920 2,822 568 5,691 2,731 1,059 1,854 59,251 | 4.5979 GBP 4.5980 GBP 4.6109 GBP 4.6172 GBP 4.6175 GBP 4.6245 GBP 4.6248 GBP 4.6250 GBP 4.6398 GBP 4.6476 GBP 4.6479 GBP 4.6498 GBP 4.6512 GBP 4.6538 GBP 4.6609 GBP 4.6617 GBP 4.6642 GBP 4.6690 GBP 4.6840 GBP 76.4942 ZAR 76.8912 ZAR 76.9373 ZAR 76.9464 ZAR 77.1438 ZAR
4.5980 GBP 4.5982 GBP 4.5984 GBP 4.6019 GBP 4.6069 GBP 4.6168 GBP 4.6175 GBP 4.6181 GBP 4.6311 GBP 4.6337 GBP 4.6365 GBP 4.6368 GBP 4.6387 GBP 4.6441 GBP 4.6505 GBP 4.6533 GBP 4.6555 GBP 4.6681 GBP 4.6690 GBP 4.6694 GBP 4.6736 GBP 4.6841 GBP 4.6847 GBP 4.6857 GBP 4.6893 GBP 4.6918 GBP 4.6931 GBP 4.6965 GBP 76.4942 ZAR 76.9373 ZAR 76.9464 ZAR 77.1462 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: | 15 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