15th Dec 2017 11:28
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 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 | 842,313
999,579 | 5.3400
5.3400 | 5.2439
5.2500 |
(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
| 314 583 24,999 3,941 37,415 14,803 204,077 18,364 2,318 19,431 6,110 96,177 1,871 2,228 14,792 50,484 2,084 60,950 507 9,559 23,752 3,010 48,782 1,089 5,000 2,419 947 500 48,460 125,630
2,739 1,035 5,398 259 733 24,147 4,038 5,815 110,346 757 668 5,983 1,180 710 388 3,569 27 905 831 11,200 466 1,210 500 48,460 83,067 42,563 | 5.2550 GBP 5.2598 GBP 5.2708 GBP 5.2760 GBP 5.2777 GBP 5.2815 GBP 5.2830 GBP 5.2846 GBP 5.2946 GBP 5.2982 GBP 5.3000 GBP 5.3012 GBP 5.3055 GBP 5.3068 GBP 5.3096 GBP 5.3119 GBP 5.3146 GBP 5.3147 GBP 5.3148 GBP 5.3149 GBP 5.3150 GBP 5.3151 GBP 5.3165 GBP 5.3198 GBP 5.3203 GBP 5.3233 GBP 5.3273 GBP 95.3778 ZAR 95.4543 ZAR 95.6708 ZAR
5.2503 GBP 5.2577 GBP 5.2599 GBP 5.2600 GBP 5.2694 GBP 5.2702 GBP 5.2708 GBP 5.2749 GBP 5.2848 GBP 5.2974 GBP 5.3002 GBP 5.3017 GBP 5.3034 GBP 5.3052 GBP 5.3084 GBP 5.3152 GBP 5.3154 GBP 5.3169 GBP 5.3227 GBP 5.3246 GBP 5.3252 GBP 5.3259 GBP 95.3778 ZAR 95.4543 ZAR 95.6597 ZAR 95.7011 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: | 15 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