18th Dec 2017 18:02
AMENDMENT
INCREASED EQUITY PURCHASES BY 62,138 TO 417,367
INCREASED EQUITY SALES BY 36,412 TO 1,752,178
ADDED EQUITY SWAP PURCHASES OF 36,412
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: | 12 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 | 373,867 43,500
1,708,678 43,500 | 2.3994 GBP 43.0500 ZAR
2.3969 GBP 43.0500 ZAR | 2.3580 GBP 43.0500 ZAR
2.3569 GBP 43.0500 ZAR |
Convertible Bond 2022 |
(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
| 10,008 12,910 7,331 60 39,929 5 1,006 681,958 162,608 273,269 137 10 112 69,866 61,424 34,588 11 5,190 4 1,254 881 5,046 30,249
5,388 21,683 12 11,254 27,849 6,397 5,861 1,040 5,120 42,379 1,352 1,221 5,046 30,249 | 2.3649 GBP 2.3670 GBP 2.3678 GBP 2.3724 GBP 2.3725 GBP 2.3741 GBP 2.3748 GBP 2.3750 GBP 2.3757 GBP 2.3761 GBP 2.3770 GBP 2.3775 GBP 2.3789 GBP 2.3804 GBP 2.3817 GBP 2.3822 GBP 2.3826 GBP 2.3843 GBP 2.3898 GBP 2.3909 GBP 2.3948 GBP 43.0476 ZAR 43.0500 ZAR
2.3700 GBP 2.3750 GBP 2.3752 GBP 2.3766 GBP 2.3770 GBP 2.3778 GBP 2.3785 GBP 2.3793 GBP 2.3794 GBP 2.3798 GBP 2.3801 GBP 2.3802 GBP 43.0476 ZAR 43.0513 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: | 18 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