Sign In
11 Oct 2018 17:27
AMENDMENT
INCREASED EQUITY PURCHASES BY 2,000,000 TO 4,342,906
ADDED EQUITY SWAP SALES OF 4,000,000
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: | 09 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 | 4,342,906
1,926,063 | 1.8810
1.8780 | 1.8370
1.8397 |
(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 | 13,352 2,308 3,273 33,182 46,544 10,885 263,433 56,406 4,666 162,668 31,841 14,483 24,331 18,797 1,836 13,424 177,018 98,548
898 1,097 62,433 588,562 2,841,226 570,212 3,375 18,387 739 49,325 18,479 958 1,732 8,036 47,302 138,383 4,647 3,468 2,319 10,740 1,728 2,056 288,990 | 1.8397 GBP 1.8470 GBP 1.8489 GBP 1.8499 GBP 1.8500 GBP 1.8529 GBP 1.8533 GBP 1.8561 GBP 1.8569 GBP 1.8579 GBP 1.8598 GBP 1.8638 GBP 1.8646 GBP 1.8656 GBP 1.8735 GBP 35.6898 ZAR 35.7566 ZAR 35.7737 ZAR
1.8403 GBP 1.8490 GBP 1.8500 GBP 1.8501 GBP 1.8502 GBP 1.8503 GBP 1.8504 GBP 1.8506 GBP 1.8511 GBP 1.8512 GBP 1.8516 GBP 1.8520 GBP 1.8541 GBP 1.8543 GBP 1.8552 GBP 1.8557 GBP 1.8572 GBP 1.8675 GBP 1.8742 GBP 1.8778 GBP 1.8801 GBP 1.8811 GBP 35.7604 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: | 11 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.
Follow the stocks
