16 Oct 2018 17:11
AMENDMENT
INCREASED EQUITY PURCHASES BY 999,958 TO 3,493,015
INCREASED EQUITY SALES BY 55,756 TO 1,993,638
ADDED EQUITY SWAP PURCHASES OF 198,303
ADDED EQUITY SWAP SALES OF 1,198,303
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: | 10 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 | 3,493,015
1,993,638 | 1.8750
1.8635 | 1.8315
1.8343 |
(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 | 959 22,947 31,543 2,595 631,795 91,703 982 250,000 7,218 58,783 9,203 198,303 10,355 237,604 54,729 9,092 11,523 53,456 6,981 4,127 8,400 4,160 60,708 8,360 19,223 12,480 8,987 116,666 4,160 55,756 4,160 178,712 16,564
3,072 8,352 1,182,696 198,303 485,379 60,832 63,486 1,952 11,451 139,864 65,839 91,047 147,156 710,227 149,577 6,406 3,471 55,756 442,580 | 1.8375 GBP 1.8388 GBP 1.8398 GBP 1.8409 GBP 1.8411 GBP 1.8413 GBP 1.8414 GBP 1.8422 GBP 1.8425 GBP 1.8427 GBP 1.8428 GBP 1.8430 GBP 1.8444 GBP 1.8448 GBP 1.8484 GBP 1.8485 GBP 1.8491 GBP 1.8494 GBP 1.8501 GBP 1.8565 GBP 35.0850 ZAR 35.0886 ZAR 35.0982 ZAR 35.1216 ZAR 35.1500 ZAR 35.1578 ZAR 35.1614 ZAR 35.1710 ZAR 35.1778 ZAR 35.1791 ZAR 35.2408 ZAR 35.2417 ZAR 35.3571 ZAR
1.8377 GBP 1.8392 GBP 1.8415 GBP 1.8430 GBP 1.8437 GBP 1.8446 GBP 1.8458 GBP 1.8466 GBP 1.8474 GBP 1.8475 GBP 1.8483 GBP 1.8485 GBP 1.8581 GBP 1.8582 GBP 1.8583 GBP 1.8626 GBP 1.8750 GBP 35.1791 ZAR 35.1935 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: | 16 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.
INTU.L (INTU)