20 Mar 2018 11:12
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: | 19 March 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
| Lowest price per unit paid/received
|
Ordinary Shares | Purchases
Sales | 8,228,431
9,481,686 | 2.1410
2.1410 | 2.0310
2.0360 |
Convertible Bond 2022 | ||||
Convertible Bond 2018 |
(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 | 178,940 1,389 6,788 26,911 109,049 351,468 28,470 3,865 129,508 79,850 9,377 6,798 346,821 68,946 33,071 8,467 5,349,435 114,503 12,075 13,846 327 26,463 1,514,408 198,234 16,827 280,393
919,896 80,770 28,807 79,251 357,482 300,000 7,852 123,187 5,229 1,611,091 300,000 883,750 405,459 103,402 82,485 43,533 28,691 84 602,368 882,794 29,246 521,917 | 2.0455 GBP 2.0474 GBP 2.0525 GBP 2.0604 GBP 2.0627 GBP 2.0657 GBP 2.0675 GBP 2.0751 GBP 2.0817 GBP 2.0819 GBP 2.0870 GBP 2.0897 GBP 2.0981 GBP 2.1009 GBP 2.1048 GBP 2.1049 GBP 2.1050 GBP 2.1107 GBP 2.1164 GBP 2.1229 GBP 2.1348 GBP 34.4074 ZAR 34.4884 ZAR 34.5375 ZAR 34.5808 ZAR 35.1667 ZAR
2.0486 GBP 2.0496 GBP 2.0519 GBP 2.0521 GBP 2.0528 GBP 2.0530 GBP 2.0550 GBP 2.0552 GBP 2.0584 GBP 2.0649 GBP 2.0652 GBP 2.0703 GBP 2.0841 GBP 2.0899 GBP 2.0924 GBP 2.0945 GBP 2.0965 GBP 2.1052 GBP 34.3546 ZAR 34.5702 ZAR 34.8283 ZAR 34.8714 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: | 20 March 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.