Last checked at 7 Mar 2018 09:33
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: | 06 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 (GBP) | Lowest price per unit paid/received (GBP) |
Ordinary Shares | Purchases
Sales | 1,657,695
1,438,054 | 4.5740
4.5699 | 4.5270
4.5230 |
(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
| 459 1,834 694 10,767 15,486 21,131 46 28 12,892 2,665 9,789 16,263 24,481 1,306 4,521 51,594 19,643 6,775 13,343 1,819 1,694 6,985 62,459 5,792 53,527 337 11,849 82,302 533,155 554 724 1,292 1,279 7,216 2,159 531 1,807 1,361 252,225 350 7,995 43 922 11,713
387 825 329 5,077 7,229 11,605 43,193 59,662 73,702 394 1,370 20,074 11,573 132,405 1,184 26,361 11,428 67,749 4,411 1,437 3,991 23,902 533,155 1,361 68,207 156,125 7,995 43 12,985 | 4.5239 GBP 4.5274 GBP 4.5329 GBP 4.5339 GBP 4.5352 GBP 4.5366 GBP 4.5369 GBP 4.5384 GBP 4.5392 GBP 4.5397 GBP 4.5402 GBP 4.5410 GBP 4.5413 GBP 4.5421 GBP 4.5423 GBP 4.5433 GBP 4.5438 GBP 4.5450 GBP 4.5455 GBP 4.5461 GBP 4.5492 GBP 4.5498 GBP 4.5517 GBP 4.5519 GBP 4.5530 GBP 4.5540 GBP 4.5545 GBP 4.5546 GBP 4.5570 GBP 4.5598 GBP 4.5599 GBP 4.5614 GBP 4.5635 GBP 4.5663 GBP 4.5664 GBP 4.5669 GBP 4.5699 GBP 74.2077 ZAR 74.2754 ZAR 74.3300 ZAR 74.4100 ZAR 74.4141 ZAR 74.5339 ZAR 74.6007 ZAR
4.5350 GBP 4.5356 GBP 4.5367 GBP 4.5380 GBP 4.5382 GBP 4.5406 GBP 4.5420 GBP 4.5421 GBP 4.5422 GBP 4.5423 GBP 4.5424 GBP 4.5436 GBP 4.5453 GBP 4.5463 GBP 4.5471 GBP 4.5509 GBP 4.5511 GBP 4.5545 GBP 4.5635 GBP 4.5649 GBP 74.1080 ZAR 74.1567 ZAR 74.1880 ZAR 74.2077 ZAR 74.2078 ZAR 74.3310 ZAR 74.4122 ZAR 74.4141 ZAR 74.5909 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) |
|
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: | 07 March 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.