11th Apr 2018 14:25
AMENDMENT
DECREASED EQUITY PURCHASES BY 802,022 TO 3,702,035
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: | 22 March 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
| Lowest price per unit paid/received
|
Ordinary Shares | Purchases
Sales | 3,702,035
2,864,562 1,599,613 | 2.1120 GBP
2.1310 GBP 34.5396 ZAR | 2.0810 GBP
2.0800 GBP 34.5396 ZAR |
Convertible Bond 2022 | ||||
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 (GBP) |
Ordinary Shares | Equity Swaps
| Long
Short | 2,927 32,143 9,743 2,113 15,570 160,051 17,205 51,566 29,451 8,316 168 752 770 66,813 2,400 4,668 4,367 1,599,613 266,651 206,232 3,400 987
54,097 1,568 4,685 1,872 9,000 42,374 80,731 110,236 240,094 230,000 33,429 30,292 901 616,952 592,191 400,000 2,684 446,614 1,700 26,269 1,700 987 | 2.0868 GBP 2.0869 GBP 2.0870 GBP 2.0930 GBP 2.0931 GBP 2.0933 GBP 2.0934 GBP 2.0942 GBP 2.0951 GBP 2.0969 GBP 2.0983 GBP 2.0997 GBP 2.1000 GBP 2.1012 GBP 2.1019 GBP 2.1209 GBP 2.1286 GBP 34.5396 ZAR 35.1018 ZAR 35.1102 ZAR 35.1400 ZAR 35.2300 ZAR
2.0870 GBP 2.0881 GBP 2.0899 GBP 2.0910 GBP 2.0943 GBP 2.0952 GBP 2.0954 GBP 2.0962 GBP 2.0963 GBP 2.0970 GBP 2.0973 GBP 2.0984 GBP 2.0987 GBP 2.0989 GBP 2.0991 GBP 2.0999 GBP 2.1070 GBP 35.1046 ZAR 35.1107 ZAR 35.1395 ZAR 35.1707 ZAR 35.2311 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: | 11 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