Last checked at 8 Mar 2018 11:00
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: | 07 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 | 1,293,724
785,849 | 4.5636
4.5680 | 4.5310
4.5266 |
(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
| 1,754 560 5,398 25,080 2,366 5,870 3,446 24,397 522 8,663 21,374 21,918 22,201 62 6,971 165,169 71,400 18,573 1,947 96,527 3,324 5,669 1,698 37,119 1,383 1,616 24,209 2,285 4,165 148,375 43 759 17,185 1,324 70,018 12,149
9,127 279 1,646 6,446 617,004 24,123 27,912 3,920 12,499 134,928 5,822 2,951 20,632 16,334 1,751 7,500 1,269 599 22,302 6,663 169 2,309 1,169 4,494 43 4,259 1,324 1,100 70,777 5,992 1,340 12,149 | 4.5266 GBP 4.5399 GBP 4.5428 GBP 4.5434 GBP 4.5439 GBP 4.5447 GBP 4.5448 GBP 4.5453 GBP 4.5455 GBP 4.5463 GBP 4.5464 GBP 4.5467 GBP 4.5473 GBP 4.5477 GBP 4.5478 GBP 4.5480 GBP 4.5482 GBP 4.5484 GBP 4.5486 GBP 4.5490 GBP 4.5492 GBP 4.5493 GBP 4.5516 GBP 4.5524 GBP 4.5526 GBP 4.5566 GBP 4.5576 GBP 4.5614 GBP 4.5635 GBP 4.7620 GBP 74.5559 ZAR 74.7500 ZAR 74.7552 ZAR 74.7876 ZAR 74.9611 ZAR 75.1478 ZAR
4.5374 GBP 4.5401 GBP 4.5449 GBP 4.5469 GBP 4.5480 GBP 4.5482 GBP 4.5484 GBP 4.5486 GBP 4.5490 GBP 4.5500 GBP 4.5503 GBP 4.5505 GBP 4.5520 GBP 4.5524 GBP 4.5527 GBP 4.5529 GBP 4.5534 GBP 4.5541 GBP 4.5544 GBP 4.5552 GBP 4.5560 GBP 4.5570 GBP 4.5591 GBP 74.4587 ZAR 74.5559 ZAR 74.6033 ZAR 74.7876 ZAR 74.9500 ZAR 74.9611 ZAR 74.9744 ZAR 75.1206 ZAR 75.1500 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: | 08 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.