8th Dec 2017 11:38
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 | 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: | 07 December 2017 |
(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
| Lowest price per unit paid/received
|
Ordinary Shares
| Purchases
Sales | 1,620,230 9,035
2,851,167 | 2.3160 GBP 42.2500 ZAR
2.3210 GBP | 2.2217 GBP 42.2500 ZAR
2.2670 GBP |
Convertible Bond 2022 | Sales | 800,000 | 101.0000 GBP | 101.0000 GBP |
(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
| 7,482 1,160 58,504 16,283 54,136 2,772 122,135 58,792 526,848 513,735 2,574 57,295 6,800 1,350 56,549 222,627 184,400 7,245 7,606 676 16,660 49,997 5,209 4,168 10,255 5,729 8,799 982 5,911 2,931 427 10,600 21,902 32,477 12,174
5,973 492 782 3,944 14,973 20,831 2,077 5,281 106,326 36,540 2,799 12,450 16,865 36 1,400 13,233 3,177 637 15,741 6,213 2,214 76,000 27,161 2,844 7,200 21,902 15,574 32,477 | 2.2855 GBP 2.2868 GBP 2.2869 GBP 2.2877 GBP 2.2879 GBP 2.2900 GBP 2.2933 GBP 2.2934 GBP 2.2946 GBP 2.2958 GBP 2.2978 GBP 2.2988 GBP 2.2993 GBP 2.2999 GBP 2.3014 GBP 2.3041 GBP 2.3044 GBP 2.3050 GBP 2.3052 GBP 2.3054 GBP 2.3064 GBP 2.3065 GBP 2.3073 GBP 2.3083 GBP 2.3087 GBP 2.3089 GBP 2.3090 GBP 2.3094 GBP 2.3101 GBP 2.3119 GBP 2.3155 GBP 41.1978 ZAR 41.8287 ZAR 42.1710 ZAR 42.2500 ZAR
2.2422 GBP 2.2471 GBP 2.2490 GBP 2.2540 GBP 2.2590 GBP 2.2701 GBP 2.2738 GBP 2.2761 GBP 2.2767 GBP 2.2783 GBP 2.2852 GBP 2.2853 GBP 2.2860 GBP 2.2872 GBP 2.2894 GBP 2.2901 GBP 2.2902 GBP 2.2920 GBP 2.2932 GBP 2.2991 GBP 2.3032 GBP 2.3075 GBP 2.3085 GBP 2.3105 GBP 40.9253 ZAR 41.8287 ZAR 42.1463 ZAR 42.1710 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) |
Ordinary Shares |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit (GBP) |
Ordinary Shares |
(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) |
|
(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: | 08 December 2017 |
| Contact name: | Evangelos Galiatsatos |
| Telephone number: | 020 7742 6148 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]. 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