27 Feb 2018 10:34
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: | 26 February 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
| 1576684 | 4.790477 GBP | 4.64000 GBP |
25p ordinary | Sell
| 2079609 | 4.7944724 GBP | 4.64000 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 | 93 | 4.744883 GBP |
25p ordinary | CFD
| Long | 90 | 4.779342 GBP |
25p ordinary | CFD
| Long | 183 | 4.746423 GBP |
25p ordinary | CFD
| Long | 209 | 4.757777 GBP |
25p ordinary | CFD
| Long | 2154 | 4.745123 GBP |
25p ordinary | CFD
| Long | 3153 | 4.7944724 GBP |
25p ordinary | CFD
| Long | 54 | 4.749285 GBP |
25p ordinary | CFD
| Long | 3008 | 4.656562 GBP |
25p ordinary | CFD
| Long | 5 | 4.749525 GBP |
25p ordinary | CFD
| Long | 469 | 4.7515248 GBP |
25p ordinary | CFD
| Long | 8700 | 4.739959 GBP |
25p ordinary | CFD
| Long | 14646 | 4.646302 GBP |
25p ordinary | CFD
| Long | 91075 | 4.715922 GBP |
25p ordinary | CFD
| Long | 133448 | 4.716239 GBP |
25p ordinary | CFD
| Long | 1 | 4.742051 GBP |
25p ordinary | CFD
| Long | 28060 | 4.743723 GBP |
25p ordinary | CFD
| Long | 3538 | 4.740389 GBP |
25p ordinary | CFD
| Long | 7167 | 4.74127 GBP |
25p ordinary | CFD
| Long | 24485 | 4.739864 GBP |
25p ordinary | CFD
| Long | 150560 | 4.658 GBP |
25p ordinary | CFD
| Long | 85029 | 4.7468240247445 GBP |
25p ordinary | CFD
| Long | 34054 | 4.72227844012451 GBP |
25p ordinary | CFD
| Long | 17807 | 4.74620654798675 GBP |
25p ordinary | CFD
| Long | 27648 | 4.74704427083333 GBP |
25p ordinary | CFD
| Long | 14884 | 4.74280704111798 GBP |
25p ordinary | CFD
| Long | 7468 | 4.74930503481521 GBP |
25p ordinary | CFD
| Long | 110 | 4.73563636363636 GBP |
25p ordinary | CFD
| Long | 15200 | 4.71704 GBP |
25p ordinary | CFD
| Long | 647 | 4.7288 GBP |
25p ordinary | CFD
| Long | 170 | 4.752789 GBP |
25p ordinary | CFD
| Short | 35843 | 4.658 GBP |
25p ordinary | CFD
| Short | 2673 | 4.750944 GBP |
25p ordinary | CFD
| Short | 60298 | 4.68432672 GBP |
25p ordinary | CFD
| Short | 967 | 4.782 GBP |
25p ordinary | CFD
| Short | 10980 | 4.671469 GBP |
25p ordinary | CFD
| Short | 8530 | 4.670349 GBP |
25p ordinary | CFD
| Short | 2500 | 4.65484 GBP |
25p ordinary | CFD
| Short | 8150 | 4.71894355828221 GBP |
25p ordinary | CFD
| Short | 3153 | 4.7944724 GBP |
25p ordinary | CFD
| Short | 1588 | 4.79809194 GBP |
25p ordinary | CFD
| Short | 337 | 4.71896142433234 GBP |
25p ordinary | CFD
| Short | 1843 | 4.757892 GBP |
25p ordinary | CFD
| Short | 92863 | 4.715299 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) |
|
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: | 27 February 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.