23 Apr 2018 10:52
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: | 20 April 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
| 2930177 | 5.43601 GBP | 5.15803 GBP |
25p ordinary | Sell
| 1957444 | 5.43601 GBP | 5.00000 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 | 5000 | 5.399589 GBP |
25p ordinary | CFD
| Long | 100000 | 5.2310382 GBP |
25p ordinary | CFD
| Long | 9145 | 5.31143 GBP |
25p ordinary | CFD
| Long | 10000 | 5.2765337 GBP |
25p ordinary | CFD
| Long | 6678 | 5.26012578616352 GBP |
25p ordinary | CFD
| Long | 54322 | 5.28117392584956 GBP |
25p ordinary | CFD
| Long | 1317 | 5.227238 GBP |
25p ordinary | CFD
| Long | 756 | 5.228768 GBP |
25p ordinary | CFD
| Long | 437 | 5.215843 GBP |
25p ordinary | CFD
| Long | 326 | 5.233789 GBP |
25p ordinary | CFD
| Long | 238 | 5.218155 GBP |
25p ordinary | CFD
| Long | 129 | 5.225558 GBP |
25p ordinary | CFD
| Long | 8196 | 5.29255234 GBP |
25p ordinary | CFD
| Long | 88691 | 5.37369383590218 GBP |
25p ordinary | CFD
| Long | 13387 | 5.275174 GBP |
25p ordinary | CFD
| Long | 1000 | 5.283572 GBP |
25p ordinary | CFD
| Long | 60140 | 5.2886284 GBP |
25p ordinary | CFD
| Long | 45092 | 5.357086 GBP |
25p ordinary | CFD
| Long | 16405 | 5.354605 GBP |
25p ordinary | CFD
| Long | 36554 | 5.353037 GBP |
25p ordinary | CFD
| Long | 1449 | 5.360679 GBP |
25p ordinary | CFD
| Long | 379 | 5.23139 GBP |
25p ordinary | CFD
| Long | 10157 | 5.224528 GBP |
25p ordinary | CFD
| Long | 174705 | 5.32756155 GBP |
25p ordinary | CFD
| Long | 50000 | 5.396346 GBP |
25p ordinary | CFD
| Short | 266728 | 5.3587 GBP |
25p ordinary | CFD
| Short | 445439 | 5.368263 GBP |
25p ordinary | CFD
| Short | 1570 | 5.343603 GBP |
25p ordinary | CFD
| Short | 983158 | 5.158026 GBP |
25p ordinary | CFD
| Short | 379 | 5.23139 GBP |
25p ordinary | CFD
| Short | 3800 | 5.194 GBP |
25p ordinary | CFD
| Short | 4800 | 5.214125 GBP |
25p ordinary | CFD
| Short | 2800 | 5.214143 GBP |
25p ordinary | CFD
| Short | 1400 | 5.209429 GBP |
25p ordinary | CFD
| Short | 884 | 5.220163 GBP |
25p ordinary | CFD
| Short | 592 | 5.2746 GBP |
25p ordinary | CFD
| Short | 40000 | 5.387714 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) |
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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 |
| Date of disclosure: | 23 April 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.