Last checked at 21 Mar 2018 10:06
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 & Advisor to Hammerson 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 & Klepierre S.A.
|
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 | 5,703,823
6,327,204 | 5.4210
5.4220 | 5.3500
5.3360 |
(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
| 2,384 3,036 1,518 329,000 8,039 97,671 433,838 55,277 503 35,174 84,000 7,450 248,312 27,820 23,054 17,471 1,580 1,579 88,408 44,179 10,642 165 36,816 64,722 35,048 87,029 28,849 16,263 97,732 11,200 113,775 1,189 27,501 733 383 4,614 18,794 2,101 27,563 1,109 1,344 128,616 10,000 26,874 70,379 97,649 382,443 53,843
808 43 26,551 18,624 144,545 48,818 447 1,788 30,149 83,892 20,603 16,441 44,433 165 137,732 147,745 28,623 698 1,533 631,188 | 5.3463 GBP 5.3476 GBP 5.3496 GBP 5.3589 GBP 5.3698 GBP 5.3718 GBP 5.3727 GBP 5.3749 GBP 5.3756 GBP 5.3763 GBP 5.3764 GBP 5.3765 GBP 5.3773 GBP 5.3777 GBP 5.3778 GBP 5.3780 GBP 5.3783 GBP 5.3797 GBP 5.3798 GBP 5.3800 GBP 5.3806 GBP 5.3810 GBP 5.3813 GBP 5.3814 GBP 5.3830 GBP 5.3840 GBP 5.3845 GBP 5.3871 GBP 5.3875 GBP 5.3879 GBP 5.3891 GBP 5.3899 GBP 5.3963 GBP 5.4033 GBP 5.4040 GBP 5.4041 GBP 5.4046 GBP 5.4060 GBP 5.4137 GBP 5.4152 GBP 5.4156 GBP 5.4158 GBP 5.4184 GBP 89.6969 ZAR 89.8729 ZAR 89.9894 ZAR 90.3704 ZAR 90.5217 ZAR
5.3624 GBP 5.3692 GBP 5.3705 GBP 5.3712 GBP 5.3736 GBP 5.3744 GBP 5.3762 GBP 5.3768 GBP 5.3774 GBP 5.3781 GBP 5.3783 GBP 5.3801 GBP 5.3872 GBP 5.3892 GBP 5.3896 GBP 5.3946 GBP 5.3992 GBP 5.4040 GBP 5.4093 GBP 90.2429 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: | 21 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.