7th Nov 2018 15:09
AMENDMENT
INCREASED CONVERTIBLE BOND SALES BY 2,000,000 TO 2,000,000
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: | Financial advisor to a consortium comprising The Peel Group, The Olayan Group and funds or vehicles which are managed or advised by Brookfield Property Group |
(d) Date dealing undertaken: | 05 November 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" | N/A |
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 Share | Purchases
Sales | 1,842,781
445,573 | 1.9446
1.9450 | 1.9240
1.9280 |
Convertible Bond | Purchases
Sales | -
2,000,000 | -
96.2500 | -
96.2500 |
(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 Share | Equity Swap
| Long
Short | 2,275 44,607 2,625 891 20,675 13,280 2,007 1,707 1,664 505 334,684 1,616 891
2,574 5,103 4,481 6,101 11,088 4,809 5,208 11,172 2,559 5,490 23,828 3,175 18,230 62 2,511 3,923 15,211 1,600,000 206 30,117 30,062 891 | 1.9320 GBP 1.9343 GBP 1.9350 GBP 1.9374 GBP 1.9375 GBP 1.9379 GBP 1.9400 GBP 1.9404 GBP 1.9415 GBP 1.9444 GBP 1.9445 GBP 1.9449 GBP 35.7400 ZAR
1.9272 GBP 1.9315 GBP 1.9339 GBP 1.9346 GBP 1.9352 GBP 1.9353 GBP 1.9364 GBP 1.9369 GBP 1.9370 GBP 1.9374 GBP 1.9375 GBP 1.9376 GBP 1.9380 GBP 1.9381 GBP 1.9391 GBP 1.9395 GBP 1.9403 GBP 1.9415 GBP 1.9417 GBP 1.9445 GBP 1.9446 GBP 35.7411 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: | 07 November 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