17 Oct 2018 09:11
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 | Intu Properties PLC |
(c) Name of the party to the offer with which exempt principal trader is connected: | Financial advisor to a consortium comprising The Peel Group, The Olayan Group and funds or vehicles which are managed or advised by Brookfield Property Group |
(d) Date dealing undertaken: | 16 October 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" | N/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 Share | Purchases
Sales | 1,246,448
988,627 | 1.8665
1.8665 | 1.7984
1.7967 |
(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 Share | Equity Swap
| Long
Short | 5,021 3 1,233 17,250 19,795 10,457 83,258 41,792 386,366 15,971 32,555 180,418 1,251 47,652 6,499 4,604 2,583 27,375 46,344 383,902 107,619 4,148 4,491 12,725 8,647 8,315 13,072
6,524 8,738 246 15,355 1,329 10,499 32,773 10,164 95,166 4,015 1,744 4,670 1,744 8,435 8,326 112,976 2,119 114,993 542,919 | 1.7967 GBP 1.8008 GBP 1.8135 GBP 1.8232 GBP 1.8314 GBP 1.8344 GBP 1.8351 GBP 1.8363 GBP 1.8380 GBP 1.8382 GBP 1.8384 GBP 1.8396 GBP 1.8402 GBP 1.8411 GBP 1.8430 GBP 1.8438 GBP 1.8509 GBP 1.8664 GBP 1.8665 GBP 34.2411 ZAR 34.3936 ZAR 34.4000 ZAR 34.4388 ZAR 34.4496 ZAR 34.4500 ZAR 34.4649 ZAR 34.5521 ZAR
1.8025 GBP 1.8104 GBP 1.8180 GBP 1.8235 GBP 1.8267 GBP 1.8344 GBP 1.8351 GBP 1.8360 GBP 1.8373 GBP 1.8380 GBP 1.8391 GBP 1.8394 GBP 1.8396 GBP 1.8412 GBP 1.8414 GBP 1.8430 GBP 1.8440 GBP 1.8656 GBP 34.2943 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: | 17 October 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.