17th Apr 2018 11:11
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 | Intu Properties 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 April 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 Hammerson 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 | 2,190,908
2,316,236 | 2.1620
2.1460 | 2.0790
2.0790 |
Convertible Bond 2022 | Purchases | |||
Convertible Bond 2018 |
(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 | 78,682 40,770 95,783 37,166 21,085 34,717 23,074 26,647 745 43,719 3,966 1,221 11,831 265 19,653 6,667 6,289 1,174,887 36,125
22,298 4,272 8,364 37,405 284 5,565 37,100 318,890 642,490 88,039 579,520 12,073 66,204 5,804 1,336 96,063 8,385 1,076 10,832 16,664 6,084 16,652 10,989 5 1,104,200 36,125 | 2.0790 GBP 2.0875 GBP 2.0932 GBP 2.0994 GBP 2.1125 GBP 2.1129 GBP 2.1132 GBP 2.1152 GBP 2.1180 GBP 2.1181 GBP 2.1183 GBP 2.1219 GBP 2.1224 GBP 2.1249 GBP 2.1288 GBP 2.1305 GBP 2.1308 GBP 36.4326 ZAR 36.5702 ZAR
2.0790 GBP 2.0792 GBP 2.0820 GBP 2.1013 GBP 2.1021 GBP 2.1038 GBP 2.1039 GBP 2.1076 GBP 2.1084 GBP 2.1096 GBP 2.1125 GBP 2.1201 GBP 2.1210 GBP 2.1222 GBP 2.1226 GBP 2.1242 GBP 36.1871 ZAR 36.1900 ZAR 36.1969 ZAR 36.2201 ZAR 36.2479 ZAR 36.2600 ZAR 36.2700 ZAR 36.3200 ZAR 36.4466 ZAR 36.5713 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) |
|
(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
|
| Date of disclosure: | 17 April 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:
INTU.L