Source - RNS
RNS Number : 4786K
Morgan Stanley
10 April 2018
 

AMENDMENT   Section (2a & 3b)

 

FORM 8.5 (EPT/NON-RI)

 

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the "Code")

 

1.         KEY INFORMATION

 

(a) Name of exempt principal trader:

Morgan Stanley France S.A.

(b) Name of offeror/offeree in relation to whose relevant securities this form relates:

     Use a separate form for each offeror/offeree

KLEPIERRE S.A.

(c) Name of the party to the offer with which exempt principal trader is connected:

HAMMERSON PLC

(d) Date position held/dealing undertaken:

     For an opening position disclosure, state the latest practicable date prior to the disclosure

06 APRIL 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 the offer?

     If it is a cash offer or possible cash offer, state "N/A"

YES - Hammerson plc

 

2.         POSITIONS OF THE EXEMPT PRINCIPAL TRADER                            

 

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

 

(a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

 

 

Class of relevant security:

 

EUR 1.40

 

 

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

1,654,833

0.53

1,065,762

0.34

(2) Cash-settled derivatives:

 

1,062,931

0.34

1,593,709

0.51

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

0

0.00

0

0.00

 

     TOTAL:

2,651,196

0.84

2,651,255

0.84

 

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

 

(b)        Rights to subscribe for new securities (including directors' and other employee options)

 

Class of relevant security in relation to which subscription right exists:

N/A

Details, including nature of the rights concerned and relevant percentages:

N/A

 

 

3.         DEALINGS (IF ANY) 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 3(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

 EUR 1.40

 PURCHASES

 74,791

 32.9018 EUR

 32.8014 EUR

 EUR 1.40

 SALES

 64,168

 32.9013 EUR

 32.8569 EUR

 EUR 1.40

 SALES

 98,649

 28.5328 GBP

 28.5328 GBP

 

(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

 EUR 1.40

 CFD

 LONG

 22

 32.7000 EUR

 EUR 1.40

 CFD

 LONG

 1

 32.7500 EUR

 EUR 1.40

 CFD

 LONG

 1

 32.7500 EUR

 EUR 1.40

 CFD

 LONG

 1

 32.7500 EUR

 EUR 1.40

 CFD

 LONG

 1,464

 32.7940 EUR

 EUR 1.40

 CFD

 LONG

 9,452

 32.8444 EUR

 EUR 1.40

 CFD

 LONG

 1,070

 32.8569 EUR

 EUR 1.40

 CFD

 LONG

 290

 32.8569 EUR

 EUR 1.40

 CFD

 LONG

 4,542

 32.8649 EUR

 EUR 1.40

 CFD

 LONG

 1,439

 32.8685 EUR

 EUR 1.40

 CFD

 LONG

 1,233

 32.8866 EUR

 EUR 1.40

 CFD

 LONG

 5,769

 32.9000 EUR

 EUR 1.40

 CFD

 LONG

 264

 32.9000 EUR

 EUR 1.40

 CFD

 LONG

 17,735

 32.9000 EUR

 EUR 1.40

 CFD

 LONG

 10

 32.9036 EUR

 EUR 1.40

 CFD

 LONG

 10

 32.9036 EUR

 EUR 1.40

 CFD

 LONG

 3,443

 32.9074 EUR

 EUR 1.40

 CFD

 LONG

 2

 32.9195 EUR

 EUR 1.40

 CFD

 LONG

 1

 32.9195 EUR

 EUR 1.40

 CFD

 LONG

 12

 32.9300 EUR

 EUR 1.40

 CFD

 LONG

 1

 32.9300 EUR

 EUR 1.40

 CFD

 LONG

 774

 32.9313 EUR

 EUR 1.40

 CFD

 LONG

 2,865

 32.9398 EUR

 EUR 1.40

 CFD

 LONG

 1,975

 32.9496 EUR

 EUR 1.40

 CFD

 LONG

 3,602

 32.9519 EUR

 EUR 1.40

 CFD

 LONG

 16

 32.9550 EUR

 EUR 1.40

 CFD

 LONG

 5,312

 32.9614 EUR

 EUR 1.40

 CFD

 LONG

 764

 32.9680 EUR

 EUR 1.40

 CFD

 LONG

 2,098

 32.9762 EUR

 EUR 1.40

 CFD

 SHORT

 71

 32.7190 EUR

 EUR 1.40

 CFD

 SHORT

 1,918

 32.7206 EUR

 EUR 1.40

 CFD

 SHORT

 2,774

 32.7606 EUR

 EUR 1.40

 CFD

 SHORT

 3,248

 32.7640 EUR

 EUR 1.40

 CFD

 SHORT

 4,295

 32.7729 EUR

 EUR 1.40

 CFD

 SHORT

 3,778

 32.7847 EUR

 EUR 1.40

 CFD

 SHORT

 10,555

 32.7890 EUR

 EUR 1.40

 CFD

 SHORT

 22,087

 32.7960 EUR

 EUR 1.40

 CFD

 SHORT

 22

 32.8000 EUR

 EUR 1.40

 CFD

 SHORT

 11,293

 32.8055 EUR

 EUR 1.40

 CFD

 SHORT

 318

 32.8365 EUR

 EUR 1.40

 CFD

 SHORT

 500

 32.8469 EUR

 EUR 1.40

 CFD

 SHORT

 1,100

 32.8469 EUR

 EUR 1.40

 CFD

 SHORT

 299

 32.8599 EUR

 EUR 1.40

 CFD

 SHORT

 9,287

 32.8599 EUR

 EUR 1.40

 CFD

 SHORT

 264

 32.8600 EUR

 EUR 1.40

 CFD

 SHORT

 157

 32.9000 EUR

 EUR 1.40

 CFD

 SHORT

 157

 32.9000 EUR

 EUR 1.40

 CFD

 SHORT

 1,605

 32.9018 EUR

 EUR 1.40

 CFD

 SHORT

 1,063

 32.9103 EUR

 EUR 1.40

 CFD

 SHORT

 10

 32.9200 EUR

 EUR 1.40

 CFD

 SHORT

 34

 32.9332 EUR

 EUR 1.40

 CFD

 SHORT

 15

 32.9520 EUR

 EUR 1.40

 CFD

 LONG

 32,332

 28.5328 EUR

 EUR 1.40

 CFD

 LONG

 7,503

 28.5328 EUR

 EUR 1.40

 CFD

 LONG

 2,856

 28.5328 EUR

 EUR 1.40

 CFD

 LONG

 2,345

 28.5328 EUR

 EUR 1.40

 CFD

 LONG

 1,615

 28.5328 EUR

 EUR 1.40

 CFD

 LONG

 51,998

 28.5328 EUR

 

 

 (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

Type

e.g. American, European etc.

Expiry date

Option money paid/ received per unit

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

 

(ii)        Exercise

 

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

N/A

N/A

N/A

N/A

N/A

 

(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)

N/A

N/A

N/A

N/A

 

 

4.         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

 

 

(c)        Attachments

 

Is a Supplemental Form 8 (Open Positions) attached?

NO

 

 

Date of disclosure:

10 APRIL 2018

Contact name:

Craig Horsley

Telephone number:

+44(141) 245 7736

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected].  The Panel's Market Surveillance Unit is available for consultation in relation to the Code's 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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