22nd Jan 2018 11:22
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: | 19 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 | 1,046,365
1,737,673 101,198 | 5.0010 GBP
5.0080 GBP 84.3010 ZAR | 4.9720 GBP
4.9755 GBP 84.3010 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 | 82 6,627 665 2,366 9,181 1,180 3,616 6,664 2,574 2,393 87,104 2,946 70,687 816 1,057 3,630 48,964 590 947 1,120,000 101,198 104,828 3,630
2,734 644 427 93 63,996 469 3,654 2,564 21,927 11,391 172,885 11,665 24,589 24,279 26,268 5,714 12,648 41,179 560 1,362 3,113 300 3,101 651 74,849 2,520 38,565 26,427 11,081 1,797 558 640 206 1,422 1,171 2,341 104,828 3,630 | 4.9755 GBP 4.9769 GBP 4.9776 GBP 4.9787 GBP 4.9807 GBP 4.9822 GBP 4.9836 GBP 4.9851 GBP 4.9859 GBP 4.9863 GBP 4.9870 GBP 4.9874 GBP 4.9875 GBP 4.9879 GBP 4.9883 GBP 4.9889 GBP 4.9898 GBP 4.9899 GBP 4.9900 GBP 5.0080 GBP 84.3010 ZAR 84.3839 ZAR 84.4670 ZAR
4.9725 GBP 4.9782 GBP 4.9806 GBP 4.9811 GBP 4.9816 GBP 4.9830 GBP 4.9835 GBP 4.9840 GBP 4.9841 GBP 4.9843 GBP 4.9852 GBP 4.9857 GBP 4.9859 GBP 4.9861 GBP 4.9864 GBP 4.9867 GBP 4.9868 GBP 4.9870 GBP 4.9878 GBP 4.9883 GBP 4.9888 GBP 4.9890 GBP 4.9892 GBP 4.9899 GBP 4.9900 GBP 4.9901 GBP 4.9903 GBP 4.9904 GBP 4.9907 GBP 4.9913 GBP 4.9921 GBP 4.9930 GBP 4.9954 GBP 4.9957 GBP 4.9962 GBP 4.9979 GBP 84.3864 ZAR 84.4695 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: | 22 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