Last checked at 5 Mar 2018 10:33
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: | 02 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 | Lowest price per unit paid/received |
Ordinary Shares | Purchases
Sales | 1,155,392
1,065,135 | 4.4830
4.4930 | 4.4190
4.4342 |
(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
| 648 3,439 958 1,353 2,364 2,432 5,206 939 2,639 28,507 5,345 20,880 20,532 11,031 138,260 17,426 5,848 1,290 1,863 38,960 118,688 18,112 2,053 4,308 993 692 85,295 4,581 4,313 263 107 593 123,874 1,489 1,489 432 114,985 7
713 1,903 1,935 9,725 653 1,190 5,056 1,333 5,220 3,241 2,897 41,868 7,947 40,600 15,412 57,791 5,051 10,077 30,322 3,406 346,009 1,622 11,127 1,362 28 1,489 1,489 31,568 432 7 83,417 123,874 | 4.4289 GBP 4.4522 GBP 4.4550 GBP 4.4564 GBP 4.4577 GBP 4.4623 GBP 4.4624 GBP 4.4639 GBP 4.4660 GBP 4.4670 GBP 4.4675 GBP 4.4682 GBP 4.4690 GBP 4.4697 GBP 4.4699 GBP 4.4707 GBP 4.4710 GBP 4.4715 GBP 4.4722 GBP 4.4730 GBP 4.4731 GBP 4.4739 GBP 4.4740 GBP 4.4744 GBP 4.4759 GBP 4.4775 GBP 4.4786 GBP 4.4787 GBP 4.4788 GBP 4.4799 GBP 4.4809 GBP 4.4900 GBP 4.6580 GBP 72.8581 ZAR 73.0919 ZAR 73.1583 ZAR 73.7052 ZAR 73.7841 ZAR
4.4260 GBP 4.4264 GBP 4.4388 GBP 4.4418 GBP 4.4516 GBP 4.4571 GBP 4.4592 GBP 4.4600 GBP 4.4617 GBP 4.4634 GBP 4.4648 GBP 4.4650 GBP 4.4664 GBP 4.4719 GBP 4.4744 GBP 4.4753 GBP 4.4770 GBP 4.4778 GBP 4.4780 GBP 4.4787 GBP 4.4790 GBP 4.4791 GBP 4.4792 GBP 4.4795 GBP 4.4805 GBP 72.8581 ZAR 73.0919 ZAR 73.1090 ZAR 73.1605 ZAR 73.7841 ZAR 73.9339 ZAR 75.1335 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: | 05 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.