Last checked at 14 Mar 2018 18:00
AMENDMENT
INCREASED EQUITY PURCHASES BY 45,625 TO 2,713,262
ADDED EQUITY SWAP SALES OF 45,625
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: | 12 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 (GBP) | Lowest price per unit paid/received (GBP) |
Ordinary Shares | Purchases
Sales | 2,713,262
1,865,732
| 4.5680
4.5705
| 4.5311
4.5315
|
(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
| 551 57 231,248 4,004 2,563 3,924 4,487 3,713 1,618 20,450 1,412 2,628 5,003 83 12,592 1,737 2,330 529 983 21,093 3,377 5,890 41,139 7,877 1,666 23 5,305 89 394,133 2,046
7,676 242 2,112 18,621 80,154 45,625 1,208 917 29,123 5,732 12,992 35,300 12,639 8,637 809 125,009 13,202 6,712 192 21,983 14,153 10,511 610 21,896 167,114 27,441 131,052 97,926 46,899 955 6,884 29,822 538 61,552 136 100,000 468 140,000 997 100,000 1,677 89 281,794 110,662 2,046 | 4.5390 GBP 4.5397 GBP 4.5400 GBP 4.5422 GBP 4.5445 GBP 4.5451 GBP 4.5459 GBP 4.5462 GBP 4.5477 GBP 4.5483 GBP 4.5504 GBP 4.5508 GBP 4.5509 GBP 4.5510 GBP 4.5514 GBP 4.5515 GBP 4.5518 GBP 4.5545 GBP 4.5547 GBP 4.5575 GBP 4.5584 GBP 4.5605 GBP 4.5612 GBP 4.5616 GBP 4.5621 GBP 4.5640 GBP 4.5676 GBP 74.9759 ZAR 74.9877 ZAR 75.1125 ZAR
4.5377 GBP 4.5385 GBP 4.5398 GBP 4.5400 GBP 4.5402 GBP 4.5404 GBP 4.5405 GBP 4.5407 GBP 4.5413 GBP 4.5415 GBP 4.5430 GBP 4.5434 GBP 4.5445 GBP 4.5450 GBP 4.5456 GBP 4.5470 GBP 4.5471 GBP 4.5479 GBP 4.5482 GBP 4.5489 GBP 4.5492 GBP 4.5497 GBP 4.5535 GBP 4.5539 GBP 4.5540 GBP 4.5546 GBP 4.5555 GBP 4.5560 GBP 4.5571 GBP 4.5577 GBP 4.5578 GBP 4.5583 GBP 4.5613 GBP 4.5614 GBP 4.5621 GBP 4.5640 GBP 4.5646 GBP 4.5650 GBP 4.5658 GBP 4.5675 GBP 74.9249 ZAR 74.9759 ZAR 74.9894 ZAR 74.9923 ZAR 75.1125 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) |
|
(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) |
|
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: | 14 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.