16th Feb 2018 10:05
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: | 15 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 | 832,957
833,599 208,193 | 4.6381 GBP
4.6237 GBP 75.3152 ZAR | 4.5660 GBP
4.5640 GBP 75.3152 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
| 1,320 2,322 1,097 14,190 782 3,161 31,299 7,344 29,744 7,327 23,509 53,159 13,646 9,751 23,250 8,355 2,685 72,092 6,270 208,193 208,469 457 2,731
296 842 56,530 12,713 4,765 122,215 7,183 7,940 1,994 1,960 54,011 42,852 10,077 24,700 30,248 14,921 2,116 508 2,293 8,530 4,327 289 1,530 1,046 3,473 10,541 3,136 6,034 692 596 195,687 457 12,782 2,731 | 4.5692 GBP 4.5731 GBP 4.5775 GBP 4.5787 GBP 4.5805 GBP 4.5839 GBP 4.5840 GBP 4.5844 GBP 4.5861 GBP 4.5882 GBP 4.5889 GBP 4.5895 GBP 4.5898 GBP 4.5905 GBP 4.5944 GBP 4.5953 GBP 4.5974 GBP 4.5977 GBP 4.6008 GBP 75.3152 ZAR 75.3673 ZAR 75.3716 ZAR 75.6491 ZAR
4.5738 GBP 4.5764 GBP 4.5785 GBP 4.5806 GBP 4.5809 GBP 4.5815 GBP 4.5819 GBP 4.5838 GBP 4.5839 GBP 4.5843 GBP 4.5847 GBP 4.5849 GBP 4.5853 GBP 4.5856 GBP 4.5857 GBP 4.5867 GBP 4.5870 GBP 4.5885 GBP 4.5903 GBP 4.5904 GBP 4.5909 GBP 4.5911 GBP 4.5914 GBP 4.5922 GBP 4.5925 GBP 4.5928 GBP 4.5937 GBP 4.6081 GBP 4.6381 GBP 4.6405 GBP 75.3588 ZAR 75.3739 ZAR 75.5344 ZAR 75.6491 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
|
| Date of disclosure: | 16 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