Last checked at 27 Feb 2018 10:13
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: | 26 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
|
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 | 1,061,933
1,243,502 148,375 | 4.8115 GBP
4.7823 GBP 76.7158 ZAR | 4.6420 GBP
4.6380 GBP 76.7158 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
| 80,000 3,167 6,699 1,194 277 52,322 31,251 5,658 1,143 566,239 25,925 26,200 224 3,901 8,757 4,149 18,924 8,632 26,889 5,570 3,251 1,320 3,955 23,203 3,067 622 676 17,184 3,368 2,228 1,848 1,977 32,687 1,589 55,470 1,515 6,556 7,503 148,375 40,699 345,657
8,100 3,100 10,945 68,984 84,157 148,397 226 11,443 39,493 420 2,369 41,970 15,103 3,707 2,695 669 1,963 50,000 17,517 13,229 103,368 173,246 37,380 917 50,000 6,511 17,000 86,107 3,206 1,296 3,244 1,548 95 16,000 7,503 79,758 40,699 265,899 | 4.6420 GBP 4.6447 GBP 4.6505 GBP 4.6546 GBP 4.6569 GBP 4.6579 GBP 4.6596 GBP 4.6630 GBP 4.6750 GBP 4.6809 GBP 4.6811 GBP 4.6891 GBP 4.6949 GBP 4.6965 GBP 4.7014 GBP 4.7119 GBP 4.7235 GBP 4.7268 GBP 4.7322 GBP 4.7334 GBP 4.7335 GBP 4.7347 GBP 4.7349 GBP 4.7365 GBP 4.7377 GBP 4.7400 GBP 4.7424 GBP 4.7433 GBP 4.7506 GBP 4.7512 GBP 4.7521 GBP 4.7526 GBP 4.7541 GBP 4.7542 GBP 4.7558 GBP 4.7609 GBP 4.7651 GBP 76.5200 ZAR 76.7158 ZAR 77.2092 ZAR 77.2098 ZAR
4.6431 GBP 4.6433 GBP 4.6504 GBP 4.6527 GBP 4.6575 GBP 4.6580 GBP 4.6584 GBP 4.6645 GBP 4.6702 GBP 4.6730 GBP 4.6838 GBP 4.6955 GBP 4.7041 GBP 4.7140 GBP 4.7314 GBP 4.7331 GBP 4.7337 GBP 4.7400 GBP 4.7404 GBP 4.7420 GBP 4.7427 GBP 4.7435 GBP 4.7447 GBP 4.7451 GBP 4.7480 GBP 4.7506 GBP 4.7558 GBP 4.7628 GBP 4.7782 GBP 4.7788 GBP 4.7802 GBP 4.7808 GBP 4.7841 GBP 4.8042 GBP 76.5223 ZAR 76.9927 ZAR 77.2115 ZAR 77.2779 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) |
|
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: | 27 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.