11th Dec 2017 11:36
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: | 08 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 | 604,921 43,500
2,099,033 43,500 | 2.3770 GBP 42.6800 ZAR
2.3662 GBP 42.6800 ZAR | 2.3050 GBP 42.6800 ZAR
2.2960 GBP 42.6800 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
| 230,317 2,446 1,186 1,071 545,094 51,703 203,715 425,058 1,199 1,542 12,958 114,313 36,963 6,572 9,783 12,942 17,534 631 7,157 8,307 2,353 17,947 1,800
1,958 41,053 2,294 1,392 8,300 4,268 69,979 11,447 1,392 11,704 2,196 33,712 85,916 4,019 15,524 5,520 4,938 6,798 157,990 1,800 | 2.3105 GBP 2.3199 GBP 2.3210 GBP 2.3269 GBP 2.3272 GBP 2.3318 GBP 2.3349 GBP 2.3364 GBP 2.3371 GBP 2.3372 GBP 2.3390 GBP 2.3401 GBP 2.3421 GBP 2.3426 GBP 2.3433 GBP 2.3485 GBP 2.3599 GBP 2.3610 GBP 2.3612 GBP 2.3619 GBP 2.3620 GBP 42.6800 ZAR 43.0100 ZAR
2.3071 GBP 2.3117 GBP 2.3145 GBP 2.3161 GBP 2.3181 GBP 2.3188 GBP 2.3190 GBP 2.3195 GBP 2.3241 GBP 2.3267 GBP 2.3281 GBP 2.3293 GBP 2.3300 GBP 2.3305 GBP 2.3328 GBP 2.3337 GBP 2.3358 GBP 2.3602 GBP 2.3628 GBP 43.0100 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: | 11 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