19th Feb 2018 11:16
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: | 16 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
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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 | 982,805
994,940 | 4.6610
4.6620 | 4.5960
4.5975 |
(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
| 1,500 769 558 72,900 28,841 23,556 1,690 9,416 1,585 1,038 8,800 32,807 1,157 25,907 7,349 8,789 5,437 1,213 18,560 81,173 27,225 16,322 9,548 3,864 991 919 36
11 250 6,112 2,185 4,763 3,380 24,949 36 1,775 37,840 4,064 9,503 63,396 697 5,317 6,594 658 15,454 1,384 38 4,919 3,896 794 597 919 36 | 4.6090 GBP 4.6109 GBP 4.6190 GBP 4.6267 GBP 4.6270 GBP 4.6273 GBP 4.6313 GBP 4.6326 GBP 4.6336 GBP 4.6346 GBP 4.6347 GBP 4.6349 GBP 4.6358 GBP 4.6369 GBP 4.6374 GBP 4.6397 GBP 4.6399 GBP 4.6414 GBP 4.6415 GBP 4.6419 GBP 4.6421 GBP 4.6427 GBP 4.6435 GBP 4.6436 GBP 4.6465 GBP 75.7027 ZAR 76.0542 ZAR
4.6000 GBP 4.6171 GBP 4.6175 GBP 4.6251 GBP 4.6252 GBP 4.6258 GBP 4.6272 GBP 4.6274 GBP 4.6283 GBP 4.6300 GBP 4.6311 GBP 4.6325 GBP 4.6331 GBP 4.6350 GBP 4.6362 GBP 4.6373 GBP 4.6381 GBP 4.6382 GBP 4.6391 GBP 4.6396 GBP 4.6440 GBP 4.6446 GBP 4.6447 GBP 4.6451 GBP 75.7027 ZAR 76.0542 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: | 19 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