12th Mar 2018 11:01
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: | 09 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 (GBP) | Lowest price per unit paid/received (GBP) |
Ordinary Shares | Purchases
Sales | 1,621,938
1,287,613 | 4.5970
4.6000 | 4.5540
4.5520 |
(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
| 185 923 98,389 5,027 43,922 185 7,124 4,326 35,400 6,556 8,004 26,420 34,279 2,158 4,163 23,145 20,476 5,894 3 23,646 1,884 13,520 1,223 3,004 1,598 21,039 2,237 353 2,457 65 20,279 398 1,225 89 321,127 981 280
26,928 39,752 6,303 37,392 3,338 2,518 1,408 104 18,634 76 1,756 1,210 19,045 1,755 40,539 11,098 104 5,265 45,301 105,937 24,980 33,154 88,952 12,480 29,039 4,498 117,048 892 2,077 700 1,778 89 321,127 981 280 | 4.5519 GBP 4.5556 GBP 4.5560 GBP 4.5563 GBP 4.5575 GBP 4.5579 GBP 4.5593 GBP 4.5596 GBP 4.5609 GBP 4.5615 GBP 4.5616 GBP 4.5619 GBP 4.5628 GBP 4.5647 GBP 4.5655 GBP 4.5660 GBP 4.5671 GBP 4.5694 GBP 4.5695 GBP 4.5700 GBP 4.5701 GBP 4.5713 GBP 4.5718 GBP 4.5742 GBP 4.5755 GBP 4.5765 GBP 4.5780 GBP 4.5786 GBP 4.5798 GBP 4.5809 GBP 4.5810 GBP 4.5889 GBP 4.5909 GBP 75.2041 ZAR 75.2246 ZAR 75.2308 ZAR 75.3059 ZAR
4.5540 GBP 4.5542 GBP 4.5543 GBP 4.5549 GBP 4.5554 GBP 4.5580 GBP 4.5591 GBP 4.5596 GBP 4.5635 GBP 4.5641 GBP 4.5656 GBP 4.5666 GBP 4.5688 GBP 4.5697 GBP 4.5707 GBP 4.5714 GBP 4.5722 GBP 4.5727 GBP 4.5731 GBP 4.5732 GBP 4.5735 GBP 4.5738 GBP 4.5740 GBP 4.5741 GBP 4.5747 GBP 4.5750 GBP 4.5751 GBP 4.5755 GBP 4.5762 GBP 4.5771 GBP 4.5963 GBP 75.2041 ZAR 75.2269 ZAR 75.2331 ZAR 75.3059 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) |
|
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
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| Date of disclosure: | 12 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