Last checked at 23 Mar 2018 10:53
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: | 22 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.
|
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 | 4,423,083
5,514,497 | 5.6940
5.6940 | 5.4720
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 (GBP) |
Ordinary Shares | Equity Swaps
| Long
Short
| 1,309 1,001,678 2,834 708 48,222 69,088 70,722 34,737 366,511 4,039 39,031 32,688 178,411 66,826 319,001 2,175 34,570 55,066 1,385 73,756 83,418 206,953 4,078 5,845 104,690 355 21,113 6,336 1,343 564 205,668 3,048 737 1,030 419,718 278,749 42,292
7,748 11,110 8,699 850 61 21,841 16,435 310,113 7,644 113,747 22,068 728,995 64,230 55,029 5,034 441,007 13,802 1,140 955 335,229 405,530 75 | 5.5098 GBP 5.5183 GBP 5.5217 GBP 5.5236 GBP 5.5247 GBP 5.5267 GBP 5.5291 GBP 5.5294 GBP 5.5298 GBP 5.5303 GBP 5.5306 GBP 5.5317 GBP 5.5329 GBP 5.5340 GBP 5.5341 GBP 5.5365 GBP 5.5420 GBP 5.5480 GBP 5.5488 GBP 5.5494 GBP 5.5496 GBP 5.5498 GBP 5.5518 GBP 5.5520 GBP 5.5556 GBP 5.5598 GBP 5.5649 GBP 5.5681 GBP 5.5716 GBP 5.5718 GBP 5.5730 GBP 5.5819 GBP 5.6940 GBP 91.9402 ZAR 92.0776 ZAR 92.4553 ZAR 92.8981 ZAR
5.4870 GBP 5.4890 GBP 5.5267 GBP 5.5292 GBP 5.5302 GBP 5.5320 GBP 5.5324 GBP 5.5345 GBP 5.5354 GBP 5.5380 GBP 5.5398 GBP 5.5418 GBP 5.5425 GBP 5.5485 GBP 5.5488 GBP 5.5500 GBP 5.5566 GBP 5.5796 GBP 91.9000 ZAR 92.2134 ZAR 92.3156 ZAR 92.4900 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) |
|
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: | 23 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.