Last checked at 26 Feb 2018 09:31
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: | 23 February 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 | 2,224,046
883,833 215,479 | 4.7960 GBP
4.7977 GBP 76.3425 ZAR | 4.7383 GBP
4.7029 GBP 76.3425 ZAR |
(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
| 984 1,729 371 589 1,160 6,261 47,934 2,918 43,589 994 57,600 8,331 9,292 2,379 44,186 67 27,435 27,274 3,525 9,962 5,486 12,478 74,139 2,834 11,623 2,035 878 3,200 8,275 1,173 24,001 139 215,479
8,872 1,467 34,437 34,800 806 4,568 140,000 179 22,336 4,145 613 33,741 5,208 2,427 3,954 25,519 91,506 4,225 29,085 17,308 48,107 403,450 2,592 672 200,000 942 608 5,544 8,877 792 44 139 16,921 198,558 | 4.7545 GBP 4.7555 GBP 4.7560 GBP 4.7569 GBP 4.7580 GBP 4.7602 GBP 4.7610 GBP 4.7618 GBP 4.7620 GBP 4.7629 GBP 4.7630 GBP 4.7638 GBP 4.7652 GBP 4.7654 GBP 4.7661 GBP 4.7674 GBP 4.7681 GBP 4.7684 GBP 4.7691 GBP 4.7701 GBP 4.7703 GBP 4.7717 GBP 4.7743 GBP 4.7763 GBP 4.7769 GBP 4.7786 GBP 4.7789 GBP 4.7796 GBP 4.7801 GBP 4.7876 GBP 4.7930 GBP 77.1758 ZAR 77.4941 ZAR
4.7601 GBP 4.7602 GBP 4.7622 GBP 4.7623 GBP 4.7624 GBP 4.7627 GBP 4.7634 GBP 4.7653 GBP 4.7662 GBP 4.7683 GBP 4.7695 GBP 4.7704 GBP 4.7712 GBP 4.7722 GBP 4.7726 GBP 4.7727 GBP 4.7734 GBP 4.7735 GBP 4.7738 GBP 4.7757 GBP 4.7760 GBP 4.7773 GBP 4.7784 GBP 4.7801 GBP 4.7814 GBP 4.7826 GBP 4.7831 GBP 4.7840 GBP 4.7879 GBP 4.7940 GBP 4.8001 GBP 77.1758 ZAR 77.4164 ZAR 77.5033 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
|
(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: | 26 February 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.