25th Oct 2018 10:04
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: | 24 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 (GBP) | Lowest price per unit paid/received (GBP) |
Ordinary Share | Purchases
Sales | 5,356,432
1,007,339 | 1.9650
1.9645 | 1.9445
1.9410 |
(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 | 8,494 3,571 639,853 1,849 4,060 10,306 6,578 398,772 5,878 7,643 10,207 5,655 1,120 659 39,291 10,670 39,178 437,375
414 166 7,140 1,274 2,150 6,648 27,379 3,131 600 627 49,372 95,000 8,367 20,185 5,936 54,230 232,699 1,470 86,360 307,054 158,739 813 3,400,000 15,822 2,842 1,417 3,286 117,879 39,178 3,935 24,578 2,576 271,258 287 3,935 9,006 3,921 | 1.9434 GBP 1.9479 GBP 1.9530 GBP 1.9532 GBP 1.9543 GBP 1.9546 GBP 1.9548 GBP 1.9549 GBP 1.9558 GBP 1.9560 GBP 1.9563 GBP 1.9576 GBP 1.9585 GBP 1.9600 GBP 1.9614 GBP 1.9615 GBP 36.1066 ZAR 36.1964 ZAR
1.9443 GBP 1.9450 GBP 1.9466 GBP 1.9475 GBP 1.9490 GBP 1.9511 GBP 1.9513 GBP 1.9520 GBP 1.9523 GBP 1.9530 GBP 1.9532 GBP 1.9535 GBP 1.9539 GBP 1.9540 GBP 1.9541 GBP 1.9542 GBP 1.9552 GBP 1.9555 GBP 1.9558 GBP 1.9567 GBP 1.9569 GBP 1.9581 GBP 1.9600 GBP 1.9605 GBP 1.9615 GBP 1.9629 GBP 1.9630 GBP 35.9124 ZAR 36.1066 ZAR 36.2612 ZAR 36.2700 ZAR 36.2800 ZAR 36.3013 ZAR 36.3400 ZAR 36.3500 ZAR 36.3932 ZAR 36.4075 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: | 25 October 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