Source - RNS
RNS Number : 3338K
JPMorgan Securities Plc
09 April 2018
 

AMENDMENT

INCREASED EQUITY PURCHASES BY 135,097 TO 882,827

INCREASED EQUITY SALES BY 285,530 TO 1,051,676

ADDED EQUITY SWAP PURCHASES OF 285,541

ADDED EQUITY SWAP SALES OF 135,108

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:

29 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 (GBP)

 

Lowest price per unit paid/received (GBP)

 

Ordinary Shares

Purchases

 

Sales

882,827

 

 1,051,676

2.1030

 

2.1024

2.0620

 

2.0605

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

157,614

15,939

136,024

135,506

52,733

14,000

3,651

13,266

7,422

1,362

7,200

46,940

 

1,142

14,737

12,612

157,614

13,110

1,086

8,105

133,243

1,854

20,727

1,342

2,641

16,371

1,143

25,443

5,400

1,800

10,538

5,021

10,117

8,425

8,401

4,438

2.0770 GBP

2.0843 GBP

2.0861 GBP

2.0863 GBP

2.0876 GBP

2.0883 GBP

2.0910 GBP

2.0919 GBP

2.0931 GBP

2.0950 GBP

34.6325 ZAR

35.0985 ZAR

 

2.0670 GBP

2.0688 GBP

2.0769 GBP

2.0770 GBP

2.0771 GBP

2.0772 GBP

2.0837 GBP

2.0867 GBP

2.0868 GBP

2.0939 GBP

2.0971 GBP

2.0974 GBP

2.0987 GBP

2.1011 GBP

2.1027 GBP

34.5274 ZAR

34.9507 ZAR

34.9800 ZAR

35.0800 ZAR

35.0945 ZAR

35.1546 ZAR

35.1643 ZAR

35.1900 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:

09 April 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.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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