Last checked at 21 Feb 2018 10:50
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: | 20 February 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 | Lowest price per unit paid/received |
Ordinary Shares | Purchases
Sales | 754,395
614,493 150,061 | 4.6681 GBP
4.6589 GBP 75.0557 ZAR | 4.6040 GBP
4.6050 GBP 75.0557 ZAR |
(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
| 3,136 2,807 776 2,676 3,819 6,765 56,338 8,145 5,440 17,002 24,378 27,928 17,209 17,084 3,671 5,216 12,247 6,017 4,194 23,068 371 7,630 37,933 87,019 15,422 866 63,339 325 10,477 95 150,061 120
239 1,031 1,384 1,732 45,582 2,910 9,770 84,374 2,461 785 49,871 9,120 4,923 37,074 3,107 1,548 33,065 41,815 8,697 595 910 4,561 4,177 3,882 4,500 42,064 15,778 95 150,061 120 | 4.6170 GBP 4.6262 GBP 4.6279 GBP 4.6284 GBP 4.6296 GBP 4.6363 GBP 4.6391 GBP 4.6423 GBP 4.6424 GBP 4.6430 GBP 4.6436 GBP 4.6437 GBP 4.6445 GBP 4.6448 GBP 4.6466 GBP 4.6475 GBP 4.6477 GBP 4.6484 GBP 4.6485 GBP 4.6491 GBP 4.6497 GBP 4.6535 GBP 4.6554 GBP 4.6556 GBP 4.6574 GBP 4.6577 GBP 4.6580 GBP 4.6589 GBP 4.6629 GBP 75.7758 ZAR 76.1078 ZAR 76.6042 ZAR
4.6051 GBP 4.6060 GBP 4.6061 GBP 4.6233 GBP 4.6246 GBP 4.6260 GBP 4.6277 GBP 4.6295 GBP 4.6313 GBP 4.6316 GBP 4.6327 GBP 4.6346 GBP 4.6354 GBP 4.6375 GBP 4.6383 GBP 4.6385 GBP 4.6387 GBP 4.6425 GBP 4.6434 GBP 4.6448 GBP 4.6461 GBP 4.6495 GBP 4.6501 GBP 4.6505 GBP 4.6530 GBP 4.6542 GBP 4.6582 GBP 75.7758 ZAR 76.1101 ZAR 76.6042 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: | 21 February 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.