7th Feb 2018 09:38
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: | 06 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
|
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 | 1,158,642
1,993,721 106,052 | 4.6753 GBP
4.6810 GBP 80.5762 ZAR | 4.5600 GBP
4.5600 GBP 80.5762 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
| 17,487 29,000 88,240 2,427 348 3,351 1,421 451 150,000 104,219 15,613 7,583 68,083 12,623 95,754 3,840 2,140 1,232 451 295 106,503 106,052
78,049 9,997 353 121,277 9,029 7,706 32 8,691 30,454 903 4,815 14,320 185 18,566 6,125 5,236 2,259 3,294 5,578 10,461 4,246 8,135 11,921 1,803 9,078 642 1,605 4,791 12,846 2,887 29,614 49,768 29,414 6,525 5,728 111,315 9,816 2,758 2,144 30,577 3,169 52,663 2,087 2,899 615 785 451 8,532 295 8,302 1,146 3,910 15,856 8,939 17,846 19,182 12,886 9,904 | 4.5714 GBP 4.5805 GBP 4.5822 GBP 4.5847 GBP 4.5849 GBP 4.5851 GBP 4.5870 GBP 4.5989 GBP 4.6014 GBP 4.6040 GBP 4.6055 GBP 4.6118 GBP 4.6155 GBP 4.6183 GBP 4.6211 GBP 4.6279 GBP 4.6347 GBP 4.6568 GBP 76.6300 ZAR 76.8269 ZAR 77.8856 ZAR 80.5762 ZAR
4.5600 GBP 4.5602 GBP 4.5603 GBP 4.5635 GBP 4.5695 GBP 4.5777 GBP 4.5841 GBP 4.5868 GBP 4.5884 GBP 4.5921 GBP 4.5928 GBP 4.5932 GBP 4.5941 GBP 4.5947 GBP 4.5950 GBP 4.5981 GBP 4.5988 GBP 4.5989 GBP 4.5991 GBP 4.5995 GBP 4.5998 GBP 4.6001 GBP 4.6010 GBP 4.6012 GBP 4.6019 GBP 4.6020 GBP 4.6021 GBP 4.6054 GBP 4.6059 GBP 4.6064 GBP 4.6074 GBP 4.6077 GBP 4.6115 GBP 4.6120 GBP 4.6135 GBP 4.6137 GBP 4.6140 GBP 4.6159 GBP 4.6185 GBP 4.6223 GBP 4.6264 GBP 4.6274 GBP 4.6356 GBP 4.6404 GBP 4.6613 GBP 4.6677 GBP 76.6323 ZAR 76.6501 ZAR 76.8269 ZAR 76.9531 ZAR 77.0700 ZAR 77.4916 ZAR 77.5164 ZAR 77.7142 ZAR 77.8246 ZAR 78.4793 ZAR 78.5117 ZAR 78.8974 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: | 07 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