26th Mar 2018 17:16
AMENDMENT
INCREASED EQUITY PURCHASES BY 6,488 TO 490,085
INCREASED EQUITY SALES BY 642 TO 314,569
ADDED EQUITY SWAP SALES OF 106,230
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 | Klepierre SA |
(c) Name of the party to the offer with which exempt principal trader is connected: | Corporate Broker & Defence Advisor to Hammerson Plc |
(d) Date dealing undertaken: | 20 March 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
|
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 (EUR) | Lowest price per unit paid/received (EUR) |
Ordinary Shares | Purchases
Sales | 490,085
314,569 | 33.4520
33.0800 | 32.5400
32.5500 |
(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 (EUR) |
Ordinary Shares | Equity Swaps
| Long
Short
| 224 3,205 198 5,127 3,796 7,812 449 5,000 874 224 224 9,904 41 101 4 873 3 105 1,811 4
769 4,896 420 8,801 1,203 6,286 580 1,763 6,793 1,188 1,322 1,318 491 865 28 17,302 6,488 99,742 2,457 42,012 229 2,124 392 360 | 32.7890 32.7892 32.7990 32.8150 32.8274 32.8331 32.8619 32.8681 32.8777 32.8790 32.8990 32.9047 32.9094 32.9256 32.9339 32.9479 32.9700 32.9757 32.9884 33.0092
32.6857 32.7240 32.7397 32.7557 32.7749 32.7984 32.7986 32.8070 32.8118 32.8200 32.8300 32.8310 32.8325 32.8371 32.8410 32.8497 32.8588 32.8617 32.8855 32.9143 32.9260 32.9420 32.9510 32.9813 |
(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 March 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:
Klepierre Reit