Last checked at 22 Mar 2018 10:09
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: | UBS Investment Bank, London |
(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: | Intu Properties plc |
(d) Date dealing undertaken: | 21 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 |
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 |
25p ordinary | Buy
| 2889773 | 5.78200 GBP | 5.39000 GBP |
25p ordinary | Sell
| 4020222 | 5.77399 GBP | 5.39000 GBP |
(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 |
25p ordinary | CFD
| Long | 3924 | 5.557861 GBP |
25p ordinary | CFD
| Long | 213750 | 5.55226704093567 GBP |
25p ordinary | CFD
| Long | 10000 | 5.6856702 GBP |
25p ordinary | CFD
| Long | 226000 | 5.402058 GBP |
25p ordinary | CFD
| Long | 479458 | 5.6943 GBP |
25p ordinary | CFD
| Long | 52507 | 5.75252056 GBP |
25p ordinary | CFD
| Long | 123237 | 5.76796 GBP |
25p ordinary | CFD
| Long | 385000 | 5.575323 GBP |
25p ordinary | CFD
| Long | 503 | 5.5293 GBP |
25p ordinary | CFD
| Long | 300 | 5.71156666666667 GBP |
25p ordinary | CFD
| Long | 11097 | 5.62967739028566 GBP |
25p ordinary | CFD
| Long | 9416 | 5.65108007646559 GBP |
25p ordinary | CFD
| Long | 6187 | 5.67735736221109 GBP |
25p ordinary | CFD
| Long | 29804 | 5.58192121862837 GBP |
25p ordinary | CFD
| Long | 7818 | 5.64974034279867 GBP |
25p ordinary | CFD
| Long | 23378 | 5.5561776028745 GBP |
25p ordinary | CFD
| Long | 2000 | 5.691 GBP |
25p ordinary | CFD
| Long | 14690 | 5.540975 GBP |
25p ordinary | CFD
| Long | 101541 | 5.5397918082351 GBP |
25p ordinary | CFD
| Long | 249043 | 5.7 GBP |
25p ordinary | CFD
| Short | 351199 | 5.584942 GBP |
25p ordinary | CFD
| Short | 18400 | 5.541594 GBP |
25p ordinary | CFD
| Short | 20737 | 5.69608294 GBP |
25p ordinary | CFD
| Short | 180000 | 5.627597 GBP |
25p ordinary | CFD
| Short | 4120 | 5.498039 GBP |
25p ordinary | CFD
| Short | 199866 | 5.42 GBP |
25p ordinary | CFD
| Short | 2 | 5.430357 GBP |
25p ordinary | CFD
| Short | 104554 | 5.498037 GBP |
25p ordinary | CFD
| Short | 47 | 5.405896 GBP |
25p ordinary | CFD
| Short | 65 | 5.397025 GBP |
25p ordinary | CFD
| Short | 66 | 5.439232 GBP |
25p ordinary | CFD
| Short | 440 | 5.426307 GBP |
25p ordinary | CFD
| Short | 3000 | 5.72133333 GBP |
25p ordinary | CFD
| Short | 19756 | 5.588 GBP |
(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 | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
|
(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) |
|
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: | 22 March 2018 |
| Contact name: | Wendy Dent |
| Telephone number: | +44 (0)207 568 1245 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk
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.