25th Jan 2018 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: | 24 January 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 | 853,001
1,241,522 289,124 | 5.0308 GBP
5.0338 GBP 84.4866 ZAR | 4.9820 GBP
4.9820 GBP 84.4866 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 | 6 32,943 90,019 33,300 12,426 743 1,967 660 7,211 2,042 4,227 35,426 4,460 24,183 1,266 50,512 17,536 68,180 694 459 527 24,777 1,086 372 1,291 289,124 287,141 1,983
25,625 24,064 2,500 49,834 2,359 17,921 1,301 598 3,359 3,980 640 2,688 5,372 7,404 300 1,916 11,745 51,374 17,577 2,264 4,244 321 3,875 3,065 5,519 3,184 65,017 64,864 1,198 20,259 36 34,152 103,634 9,680 7,137 281,987 | 4.9816 GBP 4.9820 GBP 4.9822 GBP 4.9954 GBP 4.9974 GBP 4.9976 GBP 4.9977 GBP 4.9985 GBP 4.9994 GBP 5.0006 GBP 5.0014 GBP 5.0025 GBP 5.0027 GBP 5.0042 GBP 5.0054 GBP 5.0091 GBP 5.0114 GBP 5.0131 GBP 5.0157 GBP 5.0180 GBP 5.0181 GBP 5.0185 GBP 5.0300 GBP 5.0319 GBP 5.0339 GBP 84.4866 ZAR 84.8183 ZAR 85.3074 ZAR
4.9820 GBP 4.9822 GBP 4.9824 GBP 4.9891 GBP 4.9892 GBP 4.9920 GBP 4.9966 GBP 5.0002 GBP 5.0006 GBP 5.0018 GBP 5.0042 GBP 5.0055 GBP 5.0057 GBP 5.0060 GBP 5.0062 GBP 5.0068 GBP 5.0073 GBP 5.0077 GBP 5.0080 GBP 5.0099 GBP 5.0110 GBP 5.0122 GBP 5.0125 GBP 5.0140 GBP 5.0141 GBP 5.0143 GBP 5.0154 GBP 5.0167 GBP 5.0183 GBP 5.0188 GBP 5.0200 GBP 5.0201 GBP 5.0203 GBP 5.0308 GBP 84.3916 ZAR 84.8352 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
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(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: | 25 January 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