Last checked at 27 Mar 2018 10:35
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 & Advisor to Hammerson Plc |
(d) Date dealing undertaken: | 26 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 & Klepierre S.A.
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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 | 3,776,006
3,785,028 | 5.5400
5.5366 | 5.4800
5.4740 |
(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
| 51,715 8,202 78,700 22,582 8,964 3,962 8,416 178,440 1,860 73,004 15,627 20,278 87,788 79,523 11,549 8,190 93,745 16,985 203,640 59,208 59,655 19,875 48,820 225,574 28,220 1,056 2,303 2,572 1,243 414 156,194 3,281 74,466 14,283 18,641 3,123 26,818 18,591 3,214 3,260 5,331 5,164
867,268 76,045 57 23,106 3,422 13,777 333,000 66,743 2,451 3,776 4,810 1,946 9,048 10,740 1,852 101,108 1,429 228,391 | 5.4878 GBP 5.4886 GBP 5.4890 GBP 5.4927 GBP 5.4929 GBP 5.4941 GBP 5.4945 GBP 5.4946 GBP 5.4947 GBP 5.4948 GBP 5.4949 GBP 5.4958 GBP 5.4959 GBP 5.4970 GBP 5.4972 GBP 5.4973 GBP 5.4974 GBP 5.4975 GBP 5.4976 GBP 5.4978 GBP 5.4980 GBP 5.4982 GBP 5.4985 GBP 5.4986 GBP 5.4987 GBP 5.5019 GBP 5.5023 GBP 5.5134 GBP 5.5360 GBP 90.8100 ZAR 90.8167 ZAR 90.8208 ZAR 90.8787 ZAR 90.9000 ZAR 90.9402 ZAR 90.9500 ZAR 90.9526 ZAR 90.9587 ZAR 90.9700 ZAR 90.9894 ZAR 91.0161 ZAR 91.0834 ZAR
5.4860 GBP 5.4863 GBP 5.4864 GBP 5.4907 GBP 5.4953 GBP 5.4971 GBP 5.4978 GBP 5.4991 GBP 5.4994 GBP 5.5008 GBP 5.5043 GBP 5.5044 GBP 5.5058 GBP 5.5360 GBP 90.7800 ZAR 90.8554 ZAR 90.8800 ZAR 90.8837 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) |
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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: | 27 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.