Last checked at 23 Mar 2018 12:01
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: | Morgan Stanley & Co. International plc |
(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:
| HAMMERSON PLC |
(d) Date dealing undertaken: | 22 MARCH 2018 |
(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer? | 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 | Lowest price per unit paid/received |
25P ORDINARY | PURCHASES | 3,202,999 | 5.6797 GBP | 5.4700 GBP |
25P ORDINARY | SALES | 3,521,768 | 5.6940 GBP | 5.4740 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 | 4,651 | 5.4819 GBP |
25P ORDINARY | CFD | LONG | 631 | 5.4819 GBP |
25P ORDINARY | CFD | LONG | 424 | 5.4819 GBP |
25P ORDINARY | CFD | LONG | 7,097 | 5.4943 GBP |
25P ORDINARY | CFD | LONG | 9,372 | 5.4958 GBP |
25P ORDINARY | CFD | LONG | 3,903 | 5.4975 GBP |
25P ORDINARY | CFD | LONG | 2,628 | 5.4975 GBP |
25P ORDINARY | CFD | LONG | 167 | 5.5133 GBP |
25P ORDINARY | CFD | LONG | 2,100,000 | 5.5185 GBP |
25P ORDINARY | CFD | LONG | 9,155 | 5.5324 GBP |
25P ORDINARY | CFD | LONG | 9,182 | 5.5354 GBP |
25P ORDINARY | CFD | LONG | 300 | 5.5354 GBP |
25P ORDINARY | CFD | LONG | 2,000 | 5.5395 GBP |
25P ORDINARY | CFD | LONG | 14,500 | 5.5395 GBP |
25P ORDINARY | CFD | LONG | 400 | 5.5427 GBP |
25P ORDINARY | CFD | LONG | 6,076 | 5.5500 GBP |
25P ORDINARY | CFD | LONG | 12,561 | 5.5500 GBP |
25P ORDINARY | CFD | LONG | 19,803 | 5.5500 GBP |
25P ORDINARY | CFD | LONG | 1,526 | 5.5500 GBP |
25P ORDINARY | CFD | LONG | 1,086 | 5.5500 GBP |
25P ORDINARY | CFD | LONG | 12,560 | 5.5500 GBP |
25P ORDINARY | CFD | LONG | 780 | 5.5500 GBP |
25P ORDINARY | CFD | LONG | 894 | 5.5500 GBP |
25P ORDINARY | CFD | LONG | 20,703 | 5.5509 GBP |
25P ORDINARY | CFD | LONG | 143,407 | 5.5539 GBP |
25P ORDINARY | CFD | LONG | 68,074 | 5.5743 GBP |
25P ORDINARY | CFD | SHORT | 1,301 | 5.4942 GBP |
25P ORDINARY | CFD | SHORT | 7,282 | 5.5029 GBP |
25P ORDINARY | CFD | SHORT | 13,012 | 5.5208 GBP |
25P ORDINARY | CFD | SHORT | 12,472 | 5.5208 GBP |
25P ORDINARY | CFD | SHORT | 6,210 | 5.5208 GBP |
25P ORDINARY | CFD | SHORT | 11,205 | 5.5208 GBP |
25P ORDINARY | CFD | SHORT | 12,164 | 5.5208 GBP |
25P ORDINARY | CFD | SHORT | 36 | 5.5233 GBP |
25P ORDINARY | CFD | SHORT | 25,471 | 5.5264 GBP |
25P ORDINARY | CFD | SHORT | 19,433 | 5.5289 GBP |
25P ORDINARY | CFD | SHORT | 1,178 | 5.5289 GBP |
25P ORDINARY | CFD | SHORT | 143,407 | 5.5346 GBP |
25P ORDINARY | CFD | SHORT | 29,582 | 5.5371 GBP |
25P ORDINARY | CFD | SHORT | 19,722 | 5.5371 GBP |
25P ORDINARY | CFD | SHORT | 906 | 5.5389 GBP |
25P ORDINARY | CFD | SHORT | 33,343 | 5.5425 GBP |
25P ORDINARY | CFD | SHORT | 164,590 | 5.5500 GBP |
25P ORDINARY | CFD | SHORT | 8,160 | 5.5500 GBP |
25P ORDINARY | CFD | SHORT | 9,917 | 5.5500 GBP |
25P ORDINARY | CFD | SHORT | 1,130 | 5.5700 GBP |
25P ORDINARY | CFD | SHORT | 74,716 | 5.5729 GBP |
25P ORDINARY | CFD | SHORT | 60,000 | 5.5909 GBP |
25P ORDINARY | CFD | SHORT | 40,000 | 5.5909 GBP |
25P ORDINARY | CFD | SHORT | 30,000 | 5.7008 GBP |
25P ORDINARY | CFD | SHORT | 15,204 | 5.5788 GBP |
25P ORDINARY | CFD | SHORT | 6,200 | 5.5924 GBP |
25P ORDINARY | CFD | LONG | 22,501 | 92.2675 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 |
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Number of securities | Exercise price per unit |
N/A | N/A | N/A | N/A |
(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) |
N/A | N/A | N/A | N/A |
The currency of all prices and other monetary amounts should be stated.
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.
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: 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: | 23 MARCH 2018 |
| Contact name: | Craig Horsley |
| Telephone number: | +44(141) 245 7736 |
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.