7th Feb 2018 09:37
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: | 06 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 | 561,303
2,935,164 | 2.1326
2.1350 | 2.0789
2.0800 |
Convertible Bond 2022 | Purchase
| 3,000,000 | 99.8000 | 99.8000 |
(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 | 295 56,001 3,210 10,250 39,435 20,773 2,670 7,644 1,411 228,314 2,274 23,600 3,799 3,022 1,204 8,301 174,182 8,313
62,637 3,195 1,283 10,622 1,651 512 1,133 71,483 999 1,570 17,794 7,744 1,901 18,984 17,645 2,997 23,689 13,334 14,964 9,826 14,128 6,402 9,427 11,892 8,021 12,161 10,712 8,313 | 2.0848 GBP 2.0850 GBP 2.0928 GBP 2.0944 GBP 2.0966 GBP 2.0977 GBP 2.0980 GBP 2.0998 GBP 2.1000 GBP 2.1014 GBP 2.1031 GBP 2.1048 GBP 2.1069 GBP 2.1237 GBP 2.1259 GBP 2.1349 GBP 35.1304 ZAR 35.9643 ZAR
2.0851 GBP 2.0898 GBP 2.0920 GBP 2.0944 GBP 2.0961 GBP 2.0970 GBP 2.0981 GBP 2.0989 GBP 2.0991 GBP 2.1051 GBP 2.1088 GBP 2.1115 GBP 2.1321 GBP 34.7625 ZAR 34.8552 ZAR 34.8655 ZAR 34.9565 ZAR 34.9702 ZAR 34.9776 ZAR 35.0586 ZAR 35.1860 ZAR 35.1877 ZAR 35.2492 ZAR 35.3889 ZAR 35.4059 ZAR 35.6661 ZAR 35.8770 ZAR 35.9653 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 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