Last checked at 19 Mar 2018 11:23
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: | 16 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 (GBP) | Lowest price per unit paid/received (GBP) |
Ordinary Shares | Purchases
Sales | 3,075,459
3,017,091 | 4.3900
4.3880 | 4.3240
4.3230 |
(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
| 33,057 166 1,629 713 4,746 7,500 14,547 1,320 40,159 5,513 79,428 6,480 95,186 724 2,002 110,101 133,581 192,353 7,700 34,542 279,262
3,159 7,022 102 12,729 38 364 959 9,748 1,817 24,192 21,105 24,392 26,368 10,149 6,478 17,949 1,295 22,880 213,113 164,886 116,398 62,025 876,600 187,844 21,253 4,532 8,946 72,499 10,171 4,436 4,063 34,542 272,945 6,317 | 4.3250 GBP 4.3279 GBP 4.3316 GBP 4.3379 GBP 4.3388 GBP 4.3481 GBP 4.3501 GBP 4.3514 GBP 4.3528 GBP 4.3547 GBP 4.3550 GBP 4.3583 GBP 4.3591 GBP 4.3642 GBP 4.3665 GBP 4.3707 GBP 4.3709 GBP 4.3710 GBP 4.3740 GBP 72.3409 ZAR 72.9558 ZAR
4.3343 GBP 4.3350 GBP 4.3351 GBP 4.3355 GBP 4.3361 GBP 4.3411 GBP 4.3432 GBP 4.3453 GBP 4.3457 GBP 4.3465 GBP 4.3480 GBP 4.3503 GBP 4.3509 GBP 4.3510 GBP 4.3514 GBP 4.3516 GBP 4.3523 GBP 4.3534 GBP 4.3556 GBP 4.3601 GBP 4.3653 GBP 4.3704 GBP 4.3712 GBP 4.3713 GBP 4.3717 GBP 4.3718 GBP 4.3729 GBP 4.3731 GBP 4.3748 GBP 4.3778 GBP 4.3855 GBP 72.3431 ZAR 72.9546 ZAR 73.1012 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) |
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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
|
(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: | 19 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.