9 Mar 2018 10:10
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 | Hammerson Plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Corporate Broker & Financial Advisor to Hammerson Plc |
(d) Date dealing undertaken: | 08 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
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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 Shares | Purchases
Sales | 4,282,045
4,556,619 | 4.5680
4.5680 | 4.5275
4.5250 |
(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 Shares | Equity Swaps
| Long
Short
| 15,158 7,866 3,642 837 26,553 8,219 76 17,387 79,528 6,590 48,800 566 694,183 280 300,490 2,486 1,283
786 36,353 38,670 67,181 948 19,735 136,435 9,207 1,343 1,264 121,931 25,901 3,486 2,769 5,950 583 653 2,973 5,558 9,866 19,794 20,570 2,527 7,928 75,751 14,027 26,293 85 3,532 398 496 27 13,450 24,230 20,421 21,811 11,337 40,759 12,393 93,038 280 152,482 148,008 2,486 1,283 | 4.5364 GBP 4.5382 GBP 4.5383 GBP 4.5400 GBP 4.5438 GBP 4.5477 GBP 4.5480 GBP 4.5490 GBP 4.5514 GBP 4.5515 GBP 4.5549 GBP 4.5585 GBP 4.5680 GBP 75.1041 ZAR 75.1671 ZAR 75.2540 ZAR 75.3674 ZAR
4.5413 GBP 4.5432 GBP 4.5455 GBP 4.5459 GBP 4.5461 GBP 4.5464 GBP 4.5475 GBP 4.5486 GBP 4.5487 GBP 4.5493 GBP 4.5501 GBP 4.5504 GBP 4.5505 GBP 4.5506 GBP 4.5508 GBP 4.5509 GBP 4.5510 GBP 4.5511 GBP 4.5513 GBP 4.5515 GBP 4.5518 GBP 4.5519 GBP 4.5522 GBP 4.5526 GBP 4.5529 GBP 4.5531 GBP 4.5545 GBP 4.5561 GBP 4.5569 GBP 4.5570 GBP 4.5573 GBP 4.5581 GBP 4.5592 GBP 4.5596 GBP 4.5628 GBP 4.5680 GBP 4.5681 GBP 4.5682 GBP 4.5683 GBP 72.4587 ZAR 75.1041 ZAR 75.1090 ZAR 75.2315 ZAR 75.2563 ZAR 75.3674 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) |
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(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) |
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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
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(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
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Date of disclosure: | 09 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.