12 Feb 2018 09:34
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: | 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: | Corporate Broker & Financial Advisor to Hammerson Plc |
(d) Date dealing undertaken: | 09 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 Hammerson 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 (GBP) | Lowest price per unit paid/received (GBP) |
Ordinary Shares | Purchases
Sales | 196,385
1,079,559 | 2.1130
2.1130 | 2.0490
2.0430 |
Convertible Bond 2022 | Sales | |||
Convertible Bond 2018 | Purchases
Sales |
(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 Shares | Equity Swaps
| Long
Short | 208 521 41,276 8,296 8,975 1,757 3,006 2,895 21,943 42,413 12,919 10,171 390,487 1,980 1,856 43,739 619 190,563 8,973
861 9,922 8,435 643 149 181,524 7,835 11,100 2,604 12,806 1,488 4,881 10,725 13,624 16,900 13,982 15,135 16,759 14,858 14,122 15,940 16,954 15,709 16,811 18,017 | 2.0549 GBP 2.0554 GBP 2.0637 GBP 2.0673 GBP 2.0815 GBP 2.0859 GBP 2.0897 GBP 2.0908 GBP 2.0932 GBP 2.0945 GBP 2.0969 GBP 2.0974 GBP 2.0981 GBP 2.0991 GBP 2.1034 GBP 2.1037 GBP 2.1070 GBP 35.0788 ZAR 35.1789 ZAR
2.0491 GBP 2.0911 GBP 2.0914 GBP 2.0920 GBP 2.0931 GBP 2.1013 GBP 2.1014 GBP 2.1044 GBP 2.1045 GBP 2.1047 GBP 2.1051 GBP 2.1058 GBP 34.2112 ZAR 34.3157 ZAR 34.5241 ZAR 34.9887 ZAR 35.0837 ZAR 35.1421 ZAR 35.1559 ZAR 35.2858 ZAR 35.3229 ZAR 35.3399 ZAR 35.3908 ZAR 35.4369 ZAR 35.4672 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: | 12 February 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.