2nd Mar 2018 10:53
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: | 01 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
|
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 | 1,603,162
1,795,384 93,038 | 4.5010 GBP
4.5000 GBP 72.4587 ZAR | 4.4220 GBP
4.4210 GBP 72.4587 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
| 7,994 5,021 1,335 1,112 10,929 1,950 911 3,825 5,866 3,809 209,742 133,040 64,279 1,298 8,081 1,925 804 1,015 3,229 3,557 2,616 36,304 93,038 11,576 104,614 1,525 1,265
15,412 5,040 12,842 1,196 36,457 3,598 2,378 14,208 2,588 1,659 1,122 3,346 182 20 6,366 71,827 9,637 31,569 113,340 1,133 45,064 850 4,153 69,831 4,197 860 56,544 53,714 251 3,828 1,987 4,587 448 30,587 24,786 1,731 7,970 59,400 1,196 7,744 30,585 1,379 10,024 11,576 62,952 1,525 1,265 41,662
| 4.4232 GBP 4.4332 GBP 4.4359 GBP 4.4370 GBP 4.4372 GBP 4.4488 GBP 4.4550 GBP 4.4562 GBP 4.4570 GBP 4.4577 GBP 4.4580 GBP 4.4586 GBP 4.4602 GBP 4.4608 GBP 4.4630 GBP 4.4640 GBP 4.4675 GBP 4.4708 GBP 4.4768 GBP 4.4784 GBP 4.4791 GBP 4.4799 GBP 72.4587 ZAR 72.5246 ZAR 73.0571 ZAR 73.1319 ZAR 73.2380 ZAR
4.4301 GBP 4.4431 GBP 4.4434 GBP 4.4460 GBP 4.4470 GBP 4.4480 GBP 4.4509 GBP 4.4516 GBP 4.4519 GBP 4.4522 GBP 4.4525 GBP 4.4547 GBP 4.4553 GBP 4.4561 GBP 4.4577 GBP 4.4580 GBP 4.4581 GBP 4.4582 GBP 4.4584 GBP 4.4586 GBP 4.4588 GBP 4.4596 GBP 4.4597 GBP 4.4600 GBP 4.4605 GBP 4.4618 GBP 4.4623 GBP 4.4624 GBP 4.4632 GBP 4.4633 GBP 4.4637 GBP 4.4640 GBP 4.4645 GBP 4.4657 GBP 4.4662 GBP 4.4663 GBP 4.4668 GBP 4.4687 GBP 4.4711 GBP 4.4718 GBP 4.4719 GBP 4.4822 GBP 4.4851 GBP 72.5268 ZAR 72.7731 ZAR 73.1319 ZAR 73.2380 ZAR 73.4917 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: | 02 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