23 Nov 2018 12:00
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: | 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 | Intu Properties plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Intu Properties plc |
(d) Date dealing undertaken: | 22 November 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" | NO |
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 |
50p ordinary | Buy
| 31337368 | 1.96787 GBP | 1.87875 GBP |
50p ordinary | Sell
| 30803561 | 1.96675 GBP | 1.87875 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 |
50p ordinary | CFD
| Long | 137 | 1.930971 GBP |
50p ordinary | CFD
| Long | 2760 | 1.93203002 GBP |
50p ordinary | CFD
| Long | 2803 | 1.934284988 GBP |
50p ordinary | CFD | Long | 4400000 | 1.92850 GBP |
50p ordinary | CFD | Long | 2000000 | 1.94950 GBP |
50p ordinary | CFD | Long | 2589442 | 1.95107 GBP |
50p ordinary | CFD | Long | 6000000 | 1.96000 GBP |
50p ordinary | CFD | Long | 1826000 | 1.96600 GBP |
50p ordinary | CFD | Long | 1582 | 34.06000 ZAR |
50p ordinary | CFD | Long | 4628 | 34.09000 ZAR |
50p ordinary | CFD | Long | 72 | 34.13000 ZAR |
50p ordinary | CFD | Long | 4717 | 34.34000 ZAR |
50p ordinary | CFD | Long | 11918 | 34.35000 ZAR |
50p ordinary | CFD | Long | 8333 | 34.36000 ZAR |
50p ordinary | CFD | Long | 8451 | 34.37000 ZAR |
50p ordinary | CFD | Long | 3159 | 34.38000 ZAR |
50p ordinary | CFD | Long | 2549 | 34.39000 ZAR |
50p ordinary | CFD | Long | 7659 | 34.52000 ZAR |
50p ordinary | CFD | Long | 3964 | 34.53000 ZAR |
50p ordinary | CFD | Long | 1407 | 34.73000 ZAR |
50p ordinary | CFD | Long | 19331 | 34.80000 ZAR |
50p ordinary | CFD
| Short | 33750 | 1.951206 GBP |
50p ordinary | CFD
| Short | 500000 | 1.967868 GBP |
50p ordinary | CFD
| Short | 1714 | 1.933936561 GBP |
50p ordinary | CFD
| Short | 1089 | 1.934835226 GBP |
50p ordinary | CFD | Short | 51000 | 1.95750 GBP |
50p ordinary | CFD | Short | 3611 | 34.54000 ZAR |
50p ordinary | CFD | Short | 4765 | 34.55000 ZAR |
50p ordinary | CFD | Short | 2189013 | 34.56000 ZAR |
50p ordinary | CFD | Short | 2200 | 34.72000 ZAR |
50p ordinary | CFD | Short | 6000 | 34.74000 ZAR |
50p ordinary | CFD | Short | 1305601 | 34.75000 ZAR |
50p ordinary | CFD | Short | 16150 | 34.76000 ZAR |
50p ordinary | CFD | Short | 5772 | 34.78000 ZAR |
50p ordinary | CFD | Short | 6209 | 34.79000 ZAR |
50p ordinary | CFD | Short | 1004133 | 34.80000 ZAR |
50p ordinary | CFD | Short | 3000000 | 34.90000 ZAR |
50p ordinary | CFD | Short | 4109 | 34.92000 ZAR |
50p ordinary | CFD | Short | 8760 | 34.98000 ZAR |
50p ordinary | CFD | Short | 919131 | 35.00000 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 | 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: | 23 November 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.