5th Feb 2018 11:53
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: | 02 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 | 399,477
722,138 62,841 | 4.8810 GBP
4.8850 GBP 82.0030 ZAR | 4.8310 GBP
4.8369 GBP 82.0030 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
| 1,077 337 17,974 7,513 9,070 683 3,606 91,261 20,901 85,295 4,192 20,044 11,666 6,629 1,061 6,224 4,577 23,696 3,333 3,595 6,868 3,146 4,285 670 4 62,841 7,848 62,841
873 330 702 16,226 5,300 78,248 18,039 14,233 2,245 8,741 2,382 486 15,054 12,765 4,721 3,500 13,464 26,115 4,850 3,435 1,806 8,982 1,755 1,082 8,902 5,332 7,848 48,607 | 4.8433 GBP 4.8509 GBP 4.8516 GBP 4.8537 GBP 4.8561 GBP 4.8592 GBP 4.8594 GBP 4.8595 GBP 4.8596 GBP 4.8597 GBP 4.8598 GBP 4.8599 GBP 4.8608 GBP 4.8618 GBP 4.8653 GBP 4.8656 GBP 4.8666 GBP 4.8690 GBP 4.8714 GBP 4.8745 GBP 4.8747 GBP 4.8750 GBP 4.8765 GBP 4.8789 GBP 4.8850 GBP 82.0030 ZAR 82.8328 ZAR 82.8440 ZAR
4.8321 GBP 4.8502 GBP 4.8507 GBP 4.8508 GBP 4.8526 GBP 4.8573 GBP 4.8599 GBP 4.8600 GBP 4.8604 GBP 4.8612 GBP 4.8620 GBP 4.8622 GBP 4.8627 GBP 4.8629 GBP 4.8634 GBP 4.8655 GBP 4.8665 GBP 4.8670 GBP 4.8681 GBP 4.8708 GBP 4.8718 GBP 4.8728 GBP 4.8772 GBP 4.8784 GBP 82.5233 ZAR 82.5342 ZAR 82.8328 ZAR 82.9400 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: | 05 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