6 Nov 2018 15:33
AMENDMENT
INCREASED EQUITY SALES BY 7,462 TO 1,603,074
ADDED EQUITY SWAP PURCHASES OF 5,947,935
ADDED EQUITY SWAP SALES OF 1,992,405
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: | 31 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 | 524,369
1,603,074 | 1.9685
1.9686 | 1.9505
1.9515 |
(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 | 820 1,982,645 1,814 884 850,000 7,413 640,381 538 23,399 8,537 73,102 16,306 478,982 44,960 982 14,483 1,402 3,965,290 9,760
1,982,645 6,964 15,305 853,006 4,175 6,450 23,460 7,704 7,374 16,657 2,985 17,014 50,677 43,801 31,092 26,671 6,806 12,182 58,464 18,313 96,409 5,619 9,897 3,720 2,720 9,760 1,463 8,297 | 1.9500 GBP 1.9515 GBP 1.9540 GBP 1.9559 GBP 1.9560 GBP 1.9564 GBP 1.9565 GBP 1.9570 GBP 1.9575 GBP 1.9579 GBP 1.9584 GBP 1.9599 GBP 1.9600 GBP 1.9603 GBP 1.9609 GBP 1.9610 GBP 1.9625 GBP 36.1098 ZAR 36.7900 ZAR
1.9515 GBP 1.9534 GBP 1.9551 GBP 1.9560 GBP 1.9562 GBP 1.9564 GBP 1.9569 GBP 1.9571 GBP 1.9573 GBP 1.9579 GBP 1.9583 GBP 1.9587 GBP 1.9589 GBP 1.9591 GBP 1.9592 GBP 1.9594 GBP 1.9602 GBP 1.9603 GBP 1.9610 GBP 1.9611 GBP 1.9622 GBP 1.9626 GBP 1.9627 GBP 1.9655 GBP 1.9696 GBP 36.7900 ZAR 36.7907 ZAR 36.7911 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: | 06 November 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.