Last checked at 19 Apr 2018 11:15
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: | 18 April 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 | 7,026,919
7,600,307 | 5.2400
5.2240 | 5.0180
5.0279 |
(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 (GBP/ZAR) |
Ordinary Shares | Equity Swaps
| Long
Short
| 644 807 422 215,773 41,938 18,482 3,423 66,684 488,667 40 9,207 295,000 15 51,743 10,348 1,877 3,625 7,056 48,044 5,670 78,577 342,681 17,992 2,817 95,907 64,677 20,112 25,046 6,409 2,840 2,970
58,825 1,189 15,742 295 19,546 10,162 1,198 29,687 25,623 274,234 4,660 25,392 820 300 4,016 192,969 1,876 31,241 8,215 3,820 4,332 624 49,872 1,468 9,501 95,907 11,884 79,314 25,046 5,810 | 5.0515 GBP 5.0653 GBP 5.0680 GBP 5.0904 GBP 5.0977 GBP 5.1007 GBP 5.1010 GBP 5.1060 GBP 5.1106 GBP 5.1276 GBP 5.1314 GBP 5.1315 GBP 5.1316 GBP 5.1318 GBP 5.1356 GBP 5.1375 GBP 5.1385 GBP 5.1400 GBP 5.1408 GBP 5.1416 GBP 5.1418 GBP 5.1420 GBP 5.1432 GBP 5.2200 GBP 86.8041 ZAR 86.9501 ZAR 86.9800 ZAR 87.3072 ZAR 87.4319 ZAR 87.4333 ZAR 87.6704 ZAR
5.0538 GBP 5.0633 GBP 5.0658 GBP 5.0662 GBP 5.0744 GBP 5.0787 GBP 5.0960 GBP 5.1102 GBP 5.1148 GBP 5.1189 GBP 5.1254 GBP 5.1278 GBP 5.1279 GBP 5.1321 GBP 5.1347 GBP 5.1352 GBP 5.1362 GBP 5.1393 GBP 5.1408 GBP 5.1420 GBP 5.1424 GBP 5.1502 GBP 5.1538 GBP 5.2204 GBP 5.2209 GBP 86.8041 ZAR 86.9817 ZAR 86.9947 ZAR 87.3099 ZAR 87.5562 ZAR
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(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
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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: | 19 April 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.