23rd Feb 2018 09:31
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: | 22 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 | 2,100,432
698,155 126,043 | 4.7120 GBP
4.7140 GBP 75.8609 ZAR | 4.6360 GBP
4.6329 GBP 75.8609 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
| 350 2,563 2,409 4,700 674 1,431 11,025 29,632 5,451 437 5,382 53,923 52 10,134 688 97,311 1,227 2,773 625 1,076 2,433 13,929 1,079 18,500 5,536 2,460 6,612 229 67,763 2,365 12,326 139 14,385 126,043 3,897 124 128,102
886 6,132 2,654 60,376 2,546 1,792 12,377 46,896 4,762 500,000 9,549 1,322 1,692 11,379 22,800 6,908 546 1,734 26,283 5,003 782,897 25,977 343 3,648 37,198 99,383 31,554 12,326 139 14,385 3,897 124 128,102 | 4.6390 GBP 4.6423 GBP 4.6539 GBP 4.6543 GBP 4.6560 GBP 4.6567 GBP 4.6573 GBP 4.6578 GBP 4.6587 GBP 4.6589 GBP 4.6593 GBP 4.6600 GBP 4.6614 GBP 4.6617 GBP 4.6619 GBP 4.6627 GBP 4.6657 GBP 4.6668 GBP 4.6699 GBP 4.6704 GBP 4.6781 GBP 4.6784 GBP 4.6785 GBP 4.6789 GBP 4.6868 GBP 4.6892 GBP 4.6962 GBP 4.6968 GBP 4.6977 GBP 4.7138 GBP 75.6977 ZAR 75.7042 ZAR 75.7545 ZAR 75.8609 ZAR 75.8623 ZAR 75.8858 ZAR 75.9668 ZAR
4.6451 GBP 4.6457 GBP 4.6492 GBP 4.6499 GBP 4.6507 GBP 4.6525 GBP 4.6540 GBP 4.6547 GBP 4.6579 GBP 4.6590 GBP 4.6612 GBP 4.6614 GBP 4.6621 GBP 4.6627 GBP 4.6642 GBP 4.6676 GBP 4.6680 GBP 4.6702 GBP 4.6725 GBP 4.6728 GBP 4.6734 GBP 4.6753 GBP 4.6755 GBP 4.6939 GBP 4.6974 GBP 4.6980 GBP 4.6982 GBP 75.7000 ZAR 75.7042 ZAR 75.7568 ZAR 75.8622 ZAR 75.8858 ZAR 75.9691 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) |
|
(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
|
(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: | 23 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