Last checked at 27 Mar 2018 17:23
Amendment - due to the amendment of Derivative transactions, the disclosure made on 23 March for dealings on 22 March has been updated. Section 2(b) has been updated.
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: | (GS) GOLDMAN SACHS INTERNATIONAL |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | HAMMERSON PLC |
(c) Name of the party to the offer with which exempt principal trader is connected: | KLEPIERRE S.A. |
(d) Date dealing undertaken: | 22 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 the offer? If it is a cash offer or possible cash offer, state "N/A" | YES - disclosed previously for INTU PROPERTIES PLC & KLEPIERRE S.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 | Lowest price per unit paid/received |
25p ordinary | Purchases | 1,984,568 | 5.6660 GBP | 5.4750 GBP |
25p ordinary | Sales | 852,802 | 5.6640 GBP | 5.4780 GBP |
(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 |
25p ordinary | CFD | Increasing a short position | 201,369 | 5.4779 GBP |
25p ordinary | CFD | Increasing a short position | 94,930 | 5.4915 GBP |
25p ordinary | CFD | Increasing a short position | 5,070 | 5.4915 GBP |
25p ordinary | CFD | Opening a short position | 6,724 | 5.5208 GBP |
25p ordinary | CFD | Opening a short position | 31,179 | 5.5208 GBP |
25p ordinary | CFD | Increasing a short position | 220,706 | 5.5208 GBP |
25p ordinary | CFD | Opening a short position | 30,407 | 5.5208 GBP |
25p ordinary | CFD | Opening a short position | 15,528 | 5.5208 GBP |
25p ordinary | CFD | Reducing a short position | 23,654 | 5.5244 GBP |
25p ordinary | CFD | Reducing a short position | 34,854 | 5.5244 GBP |
25p ordinary | CFD | Reducing a short position | 20,077 | 5.5244 GBP |
25p ordinary | CFD | Reducing a short position | 3,069 | 5.5244 GBP |
25p ordinary | CFD | Increasing a short position | 100 | 5.5261 GBP |
25p ordinary | CFD | Reducing a long position | 430 | 5.5411 GBP |
25p ordinary | CFD | Reducing a long position | 176 | 5.5411 GBP |
25p ordinary | CFD | Reducing a long position | 757 | 5.5411 GBP |
25p ordinary | CFD | Reducing a long position | 26 | 5.5411 GBP |
25p ordinary | CFD | Reducing a long position | 62 | 5.5411 GBP |
25p ordinary | CFD | Reducing a long position | 379 | 5.5411 GBP |
25p ordinary | CFD | Reducing a long position | 98 | 5.5411 GBP |
25p ordinary | CFD | Reducing a long position | 8,060 | 5.5430 GBP |
25p ordinary | CFD | Reducing a long position | 1,240 | 5.5430 GBP |
25p ordinary | CFD | Reducing a long position | 4,159 | 5.5430 GBP |
25p ordinary | CFD | Reducing a long position | 2,286 | 5.5431 GBP |
25p ordinary | CFD | Reducing a long position | 14,041 | 5.5431 GBP |
25p ordinary | CFD | Reducing a long position | 15,990 | 5.5431 GBP |
25p ordinary | CFD | Reducing a long position | 28,162 | 5.5431 GBP |
25p ordinary | CFD | Reducing a long position | 4,667 | 5.5432 GBP |
25p ordinary | CFD | Reducing a short position | 900 | 5.5433 GBP |
25p ordinary | CFD | Reducing a long position | 6,727 | 5.5436 GBP |
25p ordinary | CFD | Reducing a long position | 11,846 | 5.5436 GBP |
25p ordinary | CFD | Reducing a long position | 5,910 | 5.5436 GBP |
25p ordinary | CFD | Reducing a long position | 2,050 | 5.5436 GBP |
25p ordinary | CFD | Reducing a long position | 962 | 5.5436 GBP |
25p ordinary | CFD | Reducing a long position | 1,708 | 5.5441 GBP |
25p ordinary | CFD | Reducing a long position | 1,464 | 5.5444 GBP |
25p ordinary | CFD | Reducing a long position | 230 | 5.5445 GBP |
25p ordinary | CFD | Increasing a short position | 12,155 | 5.5463 GBP |
25p ordinary | CFD | Reducing a long position | 123 | 5.5470 GBP |
25p ordinary | CFD | Reducing a long position | 263 | 5.5470 GBP |
25p ordinary | CFD | Reducing a long position | 1,530 | 5.5471 GBP |
25p ordinary | CFD | Reducing a long position | 870 | 5.5471 GBP |
25p ordinary | CFD | Reducing a long position | 764 | 5.5471 GBP |
25p ordinary | CFD | Reducing a long position | 3,265 | 5.5472 GBP |
25p ordinary | CFD | Reducing a long position | 508 | 5.5472 GBP |
25p ordinary | CFD | Reducing a long position | 18,582 | 5.5473 GBP |
25p ordinary | CFD | Reducing a long position | 85,127 | 5.5474 GBP |
25p ordinary | CFD | Reducing a long position | 149,924 | 5.5474 GBP |
25p ordinary | CFD | Reducing a long position | 12,200 | 5.5474 GBP |
25p ordinary | CFD | Reducing a long position | 74,746 | 5.5474 GBP |
25p ordinary | CFD | Reducing a long position | 25,329 | 5.5475 GBP |
25p ordinary | CFD | Reducing a long position | 206 | 5.5477 GBP |
25p ordinary | CFD | Reducing a long position | 56 | 5.5481 GBP |
25p ordinary | CFD | Reducing a long position | 385 | 5.5485 GBP |
25p ordinary | CFD | Reducing a long position | 993 | 5.5493 GBP |
25p ordinary | CFD | Reducing a long position | 2,856 | 5.5494 GBP |
25p ordinary | CFD | Reducing a long position | 3,251 | 5.5494 GBP |
25p ordinary | CFD | Reducing a long position | 5,723 | 5.5494 GBP |
25p ordinary | CFD | Reducing a long position | 468 | 5.5494 GBP |
25p ordinary | CFD | Reducing a long position | 865 | 5.5497 GBP |
25p ordinary | CFD | Opening a short position | 1,126 | 5.5500 GBP |
25p ordinary | CFD | Reducing a short position | 156,868 | 5.5500 GBP |
25p ordinary | CFD | Reducing a long position | 256 | 5.5500 GBP |
25p ordinary | CFD | Reducing a long position | 302 | 5.5521 GBP |
25p ordinary | CFD | Reducing a long position | 2,124 | 5.5521 GBP |
25p ordinary | CFD | Reducing a long position | 1,864 | 5.5521 GBP |
25p ordinary | CFD | Reducing a long position | 3,736 | 5.5521 GBP |
25p ordinary | CFD | Reducing a long position | 646 | 5.5521 GBP |
25p ordinary | CFD | Reducing a long position | 561 | 5.5524 GBP |
25p ordinary | CFD | Reducing a long position | 328 | 5.5525 GBP |
25p ordinary | CFD | Reducing a long position | 49 | 5.5525 GBP |
25p ordinary | CFD | Opening a short position | 23,690 | 5.5673 GBP |
25p ordinary | CFD | Opening a short position | 155,810 | 5.5673 GBP |
25p ordinary | CFD | Opening a short position | 155,809 | 5.5709 GBP |
25p ordinary | CFD | Opening a short position | 23,691 | 5.5709 GBP |
25p ordinary | CFD | Reducing a short position | 357 | 5.5767 GBP |
25p ordinary | CFD | Reducing a short position | 4,058 | 5.5767 GBP |
25p ordinary | CFD | Reducing a short position | 2,754 | 5.5767 GBP |
25p ordinary | CFD | Reducing a short position | 2,338 | 5.5767 GBP |
25p ordinary | CFD | Opening a long position | 6,323 | 92.3487 ZAR |
25p ordinary | CFD | Reducing a long position | 6,323 | 93.7915 ZAR |
25p ordinary | SWAP | Reducing a short position | 87,404 | 5.5244 GBP |
25p ordinary | SWAP | Reducing a short position | 1,200 | 5.5354 GBP |
25p ordinary | SWAP | Reducing a short position | 10,178 | 5.5767 GBP |
25p ordinary | SWAP | Reducing a long position | 3,354 | 92.3306 ZAR |
25p ordinary | SWAP | Opening a short position | 2,969 | 92.3306 ZAR |
25p ordinary | SWAP | Reducing a short position | 2,969 | 93.8098 ZAR |
25p ordinary | SWAP | Opening a long position | 3,354 | 93.8098 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 | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising / exercised against | Number of securities | Exercise price per unit |
(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) |
|
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: | 27 March 2018 |
| Contact name: | Kashif Rafiq and Papa Lette |
| Telephone number: | +44(20) 7051 0547 / +44(20) 7774 7442 |
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 monitoring@disclosure.org.uk. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.