26th Oct 2018 09:46
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: | 25 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 | 1,535,127
2,231,555 | 1.9745
1.9745 | 1.9266
1.9289 |
(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 | 410 5,427 487 2,559 400 3,219 211,625 451,797 826,153 3,665 500,121 5,471 51,409 169,689 50,126 4,008 47,012
4,960 2,101 14,607 19,151 2 14,427 4,130 11,641 2,155 60,524 26,921 5,980 48 14,626 3,274 27,366 65,695 41,658 30,645 4,588 10,893 43,645 1,458 181,426 4,581 17,234 3,257 4,259 12,535 594 8,521 41,605 4,008 47,012 | 1.9335 GBP 1.9467 GBP 1.9485 GBP 1.9529 GBP 1.9580 GBP 1.9594 GBP 1.9607 GBP 1.9624 GBP 1.9640 GBP 1.9644 GBP 1.9650 GBP 1.9677 GBP 1.9714 GBP 1.9715 GBP 36.5547 ZAR 36.5727 ZAR 36.6389 ZAR
1.9506 GBP 1.9511 GBP 1.9523 GBP 1.9533 GBP 1.9541 GBP 1.9550 GBP 1.9561 GBP 1.9577 GBP 1.9586 GBP 1.9593 GBP 1.9594 GBP 1.9608 GBP 1.9609 GBP 1.9613 GBP 1.9628 GBP 1.9638 GBP 1.9639 GBP 1.9640 GBP 1.9646 GBP 1.9651 GBP 1.9653 GBP 1.9655 GBP 1.9656 GBP 1.9657 GBP 1.9670 GBP 1.9673 GBP 1.9692 GBP 1.9693 GBP 1.9695 GBP 1.9715 GBP 36.4757 ZAR 36.5722 ZAR 36.5738 ZAR 36.6389 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: | 26 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