8th 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 | 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 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 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 | 345,318
1,763,217 | 2.1421
2.1390 | 2.0820
2.0810 |
Convertible Bond 2022 | Purchases
Sales | 6,200,000
10,000,000 | 100.0000
100.0500 | 100.0000
100.0500 |
Convertible Bond 2018 | Purchases
Sales | 10,000,000
7,200,000 | 100.1500
100.3220 | 100.1500
100.3220 |
(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 | 1,731 7,766 105,205 2,490 2,914 15,773 1,345 9,079 41,536 4,125 3,872 1,539 238,262 31,375
1,731 6,103 4,734 1,428 18,292 28,986 1,356 2,890 2,165 64,691 45,076 11,159 1,719 7,222 41,520 1,573 452 14,260 31,156 23,447 13,644 44,440 14,666 17,934 21,839 9,536 45,241 33,474 | 2.0879 GBP 2.0979 GBP 2.1069 GBP 2.1102 GBP 2.1112 GBP 2.1145 GBP 2.1198 GBP 2.1199 GBP 2.1200 GBP 2.1301 GBP 2.1324 GBP 2.1329 GBP 34.9300 ZAR 35.2000 ZAR
2.0821 GBP 2.0953 GBP 2.1015 GBP 2.1121 GBP 2.1126 GBP 2.1137 GBP 2.1141 GBP 2.1142 GBP 2.1173 GBP 2.1175 GBP 2.1200 GBP 2.1201 GBP 2.1224 GBP 2.1234 GBP 2.1238 GBP 2.1370 GBP 2.1380 GBP 34.4900 ZAR 34.5627 ZAR 34.5829 ZAR 34.6591 ZAR 34.6994 ZAR 35.0492 ZAR 35.0534 ZAR 35.2007 ZAR 35.2011 ZAR 35.3269 ZAR 35.4719 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: | 08 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:
INTU.L