1st Nov 2018 17:14
AMENDMENT
INCREASED EQUITY PURCHASES BY 1,500,000 TO 7,018,681
INCREASED EQUITY SALES BY 8,472 TO 1,945,768
ADDED EQUITY SWAP PURCHASES OF 8,472
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: | 26 October 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 | Lowest price per unit paid/received |
Ordinary Share | Purchases
Sales | 5,518,681 1,500,000
1,945,768 | 1.9790 GBP 36.8609 ZAR
1.9740 GBP | 1.9331 GBP 36.8609 ZAR
1.9390 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 Share | Equity Swap
| Long
Short | 1,200,000 431,798 110,008 43,933 921 3,369 31,175 1,593 450 8,472 3,287 49,780 81,936 11,804 25,413
11,614 9,704 4,997 9,436 1,633 207 16,731 8,700 24,728 856 24,941 11,892 4,992 4,227 9,547 2,151 465,323 2,005 991 7,220 181,979 2,349 5,151 7,478 405 32,818 9,357 1,742 899 14,231 6,703 27,602 2,493 90,681 95,029 4,200,000 11,804 16,312 9,101 1,500,000 | 1.9520 GBP 1.9526 GBP 1.9537 GBP 1.9568 GBP 1.9572 GBP 1.9580 GBP 1.9596 GBP 1.9609 GBP 1.9670 GBP 1.9683 GBP 1.9734 GBP 1.9739 GBP 1.9740 GBP 36.2010 ZAR 36.5390 ZAR
1.9495 GBP 1.9498 GBP 1.9501 GBP 1.9502 GBP 1.9513 GBP 1.9516 GBP 1.9520 GBP 1.9521 GBP 1.9523 GBP 1.9526 GBP 1.9527 GBP 1.9529 GBP 1.9534 GBP 1.9537 GBP 1.9542 GBP 1.9551 GBP 1.9555 GBP 1.9565 GBP 1.9566 GBP 1.9567 GBP 1.9570 GBP 1.9573 GBP 1.9574 GBP 1.9575 GBP 1.9581 GBP 1.9585 GBP 1.9594 GBP 1.9601 GBP 1.9616 GBP 1.9667 GBP 1.9668 GBP 1.9691 GBP 1.9697 GBP 1.9716 GBP 1.9740 GBP 1.9790 GBP 36.2010 ZAR 36.4750 ZAR 36.6568 ZAR 36.8609 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: | 01 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:
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