Last checked at 6 Mar 2018 10:46
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: | 05 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 | 1,353,639
1,384,898 | 4.5510
4.5510 | 4.4490
4.4460 |
(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
| 2,014 1,404 3,005 769 978 18 14,895 10,094 30,634 32,026 8,981 6,683 10,792 5,064 151,323 8,155 5,068 143,492 1,591 104,889 3,572 60,912 36,606 11,477 826 459 1,687 18,453 191 1,424 4,633 199 319 1,246 953 33 4,939 47,500 13,520 345 22,048 14,041 1,418 1,932 7 4,063 63,292 252,576
4,063 311 2,000 24,808 89 2,467 1,281 744 852 10,669 1,738 1,334 128 3,927 6,002 39,196 1,018 412 1,336 137,188 11,200 1,418 1,932 7 4,063 277,813 38,055 | 4.4590 GBP 4.4633 GBP 4.4643 GBP 4.4649 GBP 4.4659 GBP 4.4716 GBP 4.4754 GBP 4.4774 GBP 4.4785 GBP 4.4787 GBP 4.4834 GBP 4.4841 GBP 4.4846 GBP 4.4861 GBP 4.4899 GBP 4.4911 GBP 4.4929 GBP 4.4941 GBP 4.4945 GBP 4.4967 GBP 4.4970 GBP 4.4972 GBP 4.4973 GBP 4.4995 GBP 4.4999 GBP 4.5008 GBP 4.5037 GBP 4.5055 GBP 4.5074 GBP 4.5079 GBP 4.5141 GBP 4.5149 GBP 4.5169 GBP 4.5189 GBP 4.5239 GBP 4.5244 GBP 4.5246 GBP 4.5263 GBP 4.5506 GBP 4.5507 GBP 4.5508 GBP 4.5509 GBP 73.5779 ZAR 73.6699 ZAR 73.7359 ZAR 73.7455 ZAR 73.7846 ZAR 73.9344 ZAR
4.4571 GBP 4.4690 GBP 4.4698 GBP 4.4701 GBP 4.4705 GBP 4.4713 GBP 4.4769 GBP 4.4783 GBP 4.4831 GBP 4.5010 GBP 4.5034 GBP 4.5037 GBP 4.5041 GBP 4.5052 GBP 4.5121 GBP 4.5128 GBP 4.5135 GBP 4.5220 GBP 4.5315 GBP 4.5510 GBP 4.5513 GBP 73.5779 ZAR 73.6699 ZAR 73.7359 ZAR 73.7478 ZAR 73.8935 ZAR 74.0022 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) |
Ordinary Shares | Put Option | Purchase | 62,000 | 5.400 | American | 15/06/2018 | 1.0400 |
(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: | 06 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.