Last checked at 21 Mar 2018 11:47
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: | UBS Investment Bank, London |
(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: | Intu Properties 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 Intu Properties 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 |
25p ordinary | Buy
| 3827898 | 5.53467598 GBP | 5.34400 GBP |
25p ordinary | Sell
| 6509533
| 5.52447 GBP | 5.30400 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
| Long | 8634 | 5.36572388232569 GBP |
25p ordinary | CFD
| Long | 6770 | 5.38760265878877 GBP |
25p ordinary | CFD
| Long | 3597 | 5.37172365860439 GBP |
25p ordinary | CFD
| Long | 620 | 5.37061290322581 GBP |
25p ordinary | CFD
| Long | 8 | 5.3825 GBP |
25p ordinary | CFD
| Long | 739 | 5.37646820027064 GBP |
25p ordinary | CFD
| Long | 92481 | 5.3844961667802 GBP |
25p ordinary | CFD
| Long | 46923 | 5.37357330093984 GBP |
25p ordinary | CFD
| Long | 17857 | 5.38897183177465 GBP |
25p ordinary | CFD
| Long | 119 | 5.384 GBP |
25p ordinary | CFD
| Long | 13359 | 5.350547 GBP |
25p ordinary | CFD
| Long | 3440000 | 5.404 GBP |
25p ordinary | CFD
| Long | 40144 | 5.3796 GBP |
25p ordinary | CFD
| Long | 15353 | 5.38182309646323 GBP |
25p ordinary | CFD
| Long | 2860 | 5.37082517482517 GBP |
25p ordinary | CFD
| Long | 126003 | 5.3728938993516 GBP |
25p ordinary | CFD
| Long | 191977 | 5.4448 GBP |
25p ordinary | CFD
| Long | 14776 | 5.390175 GBP |
25p ordinary | CFD
| Long | 40121 | 5.38152339173999 GBP |
25p ordinary | CFD
| Long | 14911 | 5.3698256320837 GBP |
25p ordinary | CFD
| Long | 18400 | 5.381276 GBP |
25p ordinary | CFD
| Long | 97284 | 5.39610682 GBP |
25p ordinary | CFD
| Long | 4492 | 5.378574 GBP |
25p ordinary | CFD
| Long | 2680 | 5.35377164 GBP |
25p ordinary | CFD
| Long | 10218 | 5.3326206 GBP |
25p ordinary | CFD
| Long | 453000 | 5.358909 GBP |
25p ordinary | CFD
| Long | 116000 | 5.376353 GBP |
25p ordinary | CFD
| Long | 116000 | 5.383959 GBP |
25p ordinary | CFD
| Long | 3419 | 5.392 GBP |
25p ordinary | CFD
| Long | 18758 | 5.38152361659025 GBP |
25p ordinary | CFD
| Long | 6971 | 5.36982498924114 GBP |
25p ordinary | CFD
| Long | 388 | 5.3833 GBP |
25p ordinary | CFD
| Long | 15746 | 5.37312650831957 GBP |
25p ordinary | CFD
| Long | 39987 | 5.38150648960912 GBP |
25p ordinary | CFD
| Long | 49395 | 5.39003563113675 GBP |
25p ordinary | CFD
| Long | 18243 | 5.37458312777504 GBP |
25p ordinary | CFD
| Short | 256500 | 5.534676 GBP |
25p ordinary | CFD
| Short | 566708 | 5.3863 GBP |
25p ordinary | CFD
| Short | 348996 | 5.419679 GBP |
25p ordinary | CFD
| Short | 21609 | 5.35273427 GBP |
25p ordinary | CFD
| Short | 26 | 5.384555 GBP |
25p ordinary | CFD
| Short | 67 | 5.381 GBP |
25p ordinary | CFD
| Short | 10218 | 5.332621 GBP |
25p ordinary | CFD
| Short | 417612 | 5.3629 GBP |
25p ordinary | CFD
| Short | 389153 | 5.439805 GBP |
25p ordinary | CFD
| Short | 500 | 5.404 GBP |
25p ordinary | CFD
| Short | 887 | 5.389665 GBP |
25p ordinary | CFD
| Short | 401 | 5.393512 GBP |
25p ordinary | CFD
| Short | 155 | 5.390419 GBP |
25p ordinary | CFD
| Short | 95 | 5.385635 GBP |
25p ordinary | CFD
| Short | 6888 | 5.362901 GBP |
25p ordinary | CFD
| Short | 314404 | 5.41105 GBP |
(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: | 21 March 2018 |
| Contact name: | Wendy Dent |
| Telephone number: | +44 (0)207 568 1245 |
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 dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.