Last checked at 20 Feb 2018 10:18
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: | 19 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 (GBP) | Lowest price per unit paid/received (GBP) |
Ordinary Shares | Purchases
Sales | 797,933
843,975 | 4.6320
4.6340 | 4.5830
4.5750 |
(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
| 2,598 19,618 126,120 6,300 11,827 11,672 5,324 41,785 2,816 6,835 8,140 15,710 25,837 1,292 1,392 1,827 30,904 2,100 95 36 3,862
63 9,824 7,787 80,237 3,303 1,426 12,530 37 16,032 529 2,951 43,461 14,484 523 35,937 2,129 2,076 49,746 71,564 6,050 12,975 19,795 1,410 815 95 36 3,862 | 4.5904 GBP 4.5989 GBP 4.5990 GBP 4.6078 GBP 4.6143 GBP 4.6150 GBP 4.6188 GBP 4.6207 GBP 4.6216 GBP 4.6229 GBP 4.6233 GBP 4.6234 GBP 4.6237 GBP 4.6247 GBP 4.6254 GBP 4.6262 GBP 4.6264 GBP 4.6285 GBP 75.5042 ZAR 75.7058 ZAR 75.7477 ZAR
4.5861 GBP 4.5920 GBP 4.5929 GBP 4.5983 GBP 4.5989 GBP 4.5991 GBP 4.5992 GBP 4.5994 GBP 4.6001 GBP 4.6020 GBP 4.6106 GBP 4.6119 GBP 4.6126 GBP 4.6128 GBP 4.6168 GBP 4.6179 GBP 4.6191 GBP 4.6222 GBP 4.6237 GBP 4.6245 GBP 4.6254 GBP 4.6266 GBP 4.6271 GBP 4.6278 GBP 75.5042 ZAR 75.7058 ZAR 75.7477 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
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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: | 20 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.