15th Mar 2018 10:14
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 March 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 (GBP) | Lowest price per unit paid/received (GBP) |
Ordinary Shares | Purchases
Sales | 907,901
1,164,632 | 4.6210
4.6210 | 4.5660
4.5530 |
(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
| 205 57 194,028 16,819 83,359 444 2,800 21,184 199 5,414 2,075 3,642 49,895 5,006 10,910 16,430 3,477 25,088 88,541 741 10,618 3,584 2,949 7,746 1,352 13,091 356 1,392 2,088 363,163 10,836
4,493 26,034 4,448 73,449 2,594 4,422 1,740 8,125 42,462 7,216 249,339 79,661 13,212 9,157 32,454 9,544 3,117 2,003 327,499 46,500 | 4.5490 GBP 4.5657 GBP 4.5660 GBP 4.5724 GBP 4.5845 GBP 4.5853 GBP 4.5860 GBP 4.5889 GBP 4.5896 GBP 4.5903 GBP 4.5906 GBP 4.5910 GBP 4.5916 GBP 4.5918 GBP 4.5921 GBP 4.5924 GBP 4.5925 GBP 4.5927 GBP 4.5930 GBP 4.5932 GBP 4.5942 GBP 4.5953 GBP 4.5961 GBP 4.5962 GBP 4.5975 GBP 4.5981 GBP 4.5989 GBP 4.6114 GBP 4.6149 GBP 73.2497 ZAR 73.6978 ZAR
4.5660 GBP 4.5661 GBP 4.5662 GBP 4.5692 GBP 4.5706 GBP 4.5787 GBP 4.5835 GBP 4.5879 GBP 4.5892 GBP 4.5895 GBP 4.5906 GBP 4.5908 GBP 4.5916 GBP 4.5923 GBP 4.5927 GBP 4.5932 GBP 4.5933 GBP 4.5968 GBP 73.2112 ZAR 73.6430 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: | 15 March 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