11th Dec 2017 11:39
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: | 08 December 2017 |
(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 | 2,347,629
2,136,579 | 5.2800
5.2702 | 5.1554
5.1800 |
(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
| 401,140 2,111 1,788 26,340 6,784 5,463 17,265 5,807 20,449 11,377 1,449 3,698 1,232 42,751 9,470 154,787 10,028 86,782 3,682 20,226 25,923 3,200 1,542 399 3,843 5,444 513 1,721 16,475 8,635 26,800 1,639 26,209 38 23,940 88,658 17,952 9,279 3,643 92 2,136
716 4,455 620 1,240 2,004 2,786 616 3,579 9,260 1,540 46,162 7,443 1,272 6,760 7,308 105,628 3,000 1,636 2,689 36,500 11,324 13,914 12,616 1,087 2,136 | 5.1800 GBP 5.1898 GBP 5.1949 GBP 5.1961 GBP 5.2016 GBP 5.2060 GBP 5.2082 GBP 5.2090 GBP 5.2095 GBP 5.2112 GBP 5.2117 GBP 5.2142 GBP 5.2148 GBP 5.2167 GBP 5.2173 GBP 5.2199 GBP 5.2240 GBP 5.2245 GBP 5.2246 GBP 5.2288 GBP 5.2308 GBP 5.2309 GBP 5.2395 GBP 5.2396 GBP 5.2398 GBP 5.2412 GBP 5.2448 GBP 5.2473 GBP 5.2485 GBP 5.2493 GBP 5.2503 GBP 5.2505 GBP 5.2522 GBP 5.2548 GBP 5.2641 GBP 5.2646 GBP 5.2648 GBP 5.2659 GBP 5.2666 GBP 5.2667 GBP 96.7121 ZAR
5.1559 GBP 5.1803 GBP 5.1852 GBP 5.1877 GBP 5.1887 GBP 5.1940 GBP 5.1952 GBP 5.1958 GBP 5.1975 GBP 5.1982 GBP 5.1995 GBP 5.2066 GBP 5.2104 GBP 5.2181 GBP 5.2182 GBP 5.2190 GBP 5.2250 GBP 5.2350 GBP 5.2353 GBP 5.2517 GBP 5.2639 GBP 5.2650 GBP 5.2652 GBP 5.2654 GBP 96.7121 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: | 11 December 2017 |
| Contact name: | Evangelos Galiatsatos |
| Telephone number: | 020 7742 6148 |
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