8th 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: | 07 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 | 1,202,670
1,924,441 | 5.1056
5.1175 | 4.9370
4.9393 |
(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
| 603 5,120 2,718 2,863 38,097 19,357 800 68,880 14,992 13,813 44,473 8,306 1,903 228,227 8,712 61,557 7,406 1,670 73,424 2,200 28,881 28,900 32,725 305,874 12,924 237 8,081 21,211 1,744 83,897 947 848 3,814 21,589
15,593 11,695 30,775 8,837 4,900 3,043 17,582 12,619 6,603 615 227,640 6,887 4,178 10,369 15,779 131,582 40,799 42,374 2,320 44,735 599 1,074 8,163 4,092 1,303 3,876 3,592 687 9,599 83,897 14,431 3,814 21,589 | 4.9597 GBP 4.9841 GBP 5.0285 GBP 5.0312 GBP 5.0324 GBP 5.0380 GBP 5.0449 GBP 5.0484 GBP 5.0499 GBP 5.0506 GBP 5.0558 GBP 5.0584 GBP 5.0599 GBP 5.0604 GBP 5.0649 GBP 5.0651 GBP 5.0662 GBP 5.0668 GBP 5.0690 GBP 5.0702 GBP 5.0733 GBP 5.0747 GBP 5.0760 GBP 5.0761 GBP 5.0790 GBP 5.0796 GBP 5.0800 GBP 5.0825 GBP 5.0887 GBP 5.1025 GBP 5.1049 GBP 5.1124 GBP 91.7089 ZAR 92.1280 ZAR
4.9615 GBP 5.0114 GBP 5.0356 GBP 5.0490 GBP 5.0527 GBP 5.0546 GBP 5.0558 GBP 5.0611 GBP 5.0669 GBP 5.0677 GBP 5.0678 GBP 5.0711 GBP 5.0779 GBP 5.0800 GBP 5.0802 GBP 5.0803 GBP 5.0804 GBP 5.0805 GBP 5.0808 GBP 5.0849 GBP 5.0852 GBP 5.0854 GBP 5.0861 GBP 5.0869 GBP 5.0875 GBP 5.0877 GBP 5.0880 GBP 5.0900 GBP 5.0908 GBP 5.1025 GBP 5.1064 GBP 91.7089 ZAR 92.1308 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: | 08 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