Source - RNS
RNS Number : 5570K
Morgan Stanley
11 April 2018
 

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

10 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:

1,545,315

0.49

1,163,421

0.37

(2) Cash-settled derivatives:

 

1,163,821

0.37

1,545,715

0.49

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

0

0.00

0

0.00

 

     TOTAL:

2,709,136

0.86

2,709,136

0.86

 

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

 84,479

 33.1028 EUR

 32.7911 EUR

 EUR 1.40

 SALES

 51,403

 32.8710 EUR

 32.6843 EUR

 EUR 1.40

 SALES

 84,688

 28.5224 GBP

 28.5224 GBP

 EUR 1.40

 SALES

 170

 40.5595 USD

 40.5595 USD

 

(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

 20

 32.6500 EUR

 EUR 1.40

 CFD

 LONG

 311

 32.6786 EUR

 EUR 1.40

 CFD

 LONG

 389

 32.7242 EUR

 EUR 1.40

 CFD

 LONG

 1

 32.7643 EUR

 EUR 1.40

 CFD

 LONG

 2

 32.7643 EUR

 EUR 1.40

 CFD

 LONG

 11

 32.7757 EUR

 EUR 1.40

 CFD

 LONG

 11

 32.7757 EUR

 EUR 1.40

 CFD

 LONG

 2,467

 32.7768 EUR

 EUR 1.40

 CFD

 LONG

 84

 32.7863 EUR

 EUR 1.40

 CFD

 LONG

 165

 32.7961 EUR

 EUR 1.40

 CFD

 LONG

 16

 32.7962 EUR

 EUR 1.40

 CFD

 LONG

 599

 32.8053 EUR

 EUR 1.40

 CFD

 LONG

 559

 32.8064 EUR

 EUR 1.40

 CFD

 LONG

 760

 32.8071 EUR

 EUR 1.40

 CFD

 LONG

 630

 32.8072 EUR

 EUR 1.40

 CFD

 LONG

 412

 32.8213 EUR

 EUR 1.40

 CFD

 LONG

 1,426

 32.8271 EUR

 EUR 1.40

 CFD

 LONG

 338

 32.8326 EUR

 EUR 1.40

 CFD

 LONG

 2,143

 32.8376 EUR

 EUR 1.40

 CFD

 LONG

 800

 32.8426 EUR

 EUR 1.40

 CFD

 LONG

 29

 32.8530 EUR

 EUR 1.40

 CFD

 LONG

 11,682

 32.8555 EUR

 EUR 1.40

 CFD

 LONG

 10,639

 32.8579 EUR

 EUR 1.40

 CFD

 LONG

 709

 32.8590 EUR

 EUR 1.40

 CFD

 LONG

 1,914

 32.8700 EUR

 EUR 1.40

 CFD

 LONG

 3,037

 32.8702 EUR

 EUR 1.40

 CFD

 LONG

 1,724

 32.8734 EUR

 EUR 1.40

 CFD

 LONG

 918

 32.8769 EUR

 EUR 1.40

 CFD

 LONG

 3,808

 32.8895 EUR

 EUR 1.40

 CFD

 LONG

 69

 32.8900 EUR

 EUR 1.40

 CFD

 LONG

 54

 32.8900 EUR

 EUR 1.40

 CFD

 LONG

 1

 32.8900 EUR

 EUR 1.40

 CFD

 LONG

 455

 32.9600 EUR

 EUR 1.40

 CFD

 LONG

 455

 32.9600 EUR

 EUR 1.40

 CFD

 LONG

 106

 32.9600 EUR

 EUR 1.40

 CFD

 LONG

 208

 32.9600 EUR

 EUR 1.40

 CFD

 LONG

 149

 32.9600 EUR

 EUR 1.40

 CFD

 LONG

 2

 32.9600 EUR

 EUR 1.40

 CFD

 LONG

 4,300

 32.9705 EUR

 EUR 1.40

 CFD

 SHORT

 1,317

 32.6481 EUR

 EUR 1.40

 CFD

 SHORT

 2,403

 32.7532 EUR

 EUR 1.40

 CFD

 SHORT

 7,015

 32.7612 EUR

 EUR 1.40

 CFD

 SHORT

 1

 32.7800 EUR

 EUR 1.40

 CFD

 SHORT

 1

 32.7800 EUR

 EUR 1.40

 CFD

 SHORT

 4,874

 32.7865 EUR

 EUR 1.40

 CFD

 SHORT

 941

 32.7911 EUR

 EUR 1.40

 CFD

 SHORT

 5

 32.7960 EUR

 EUR 1.40

 CFD

 SHORT

 4

 32.8025 EUR

 EUR 1.40

 CFD

 SHORT

 100

 32.8050 EUR

 EUR 1.40

 CFD

 SHORT

 548

 32.8054 EUR

 EUR 1.40

 CFD

 SHORT

 5,926

 32.8073 EUR

 EUR 1.40

 CFD

 SHORT

 293

 32.8327 EUR

 EUR 1.40

 CFD

 SHORT

 31

 32.8480 EUR

 EUR 1.40

 CFD

 SHORT

 16,343

 32.8508 EUR

 EUR 1.40

 CFD

 SHORT

 248

 32.8518 EUR

 EUR 1.40

 CFD

 SHORT

 7,042

 32.8687 EUR

 EUR 1.40

 CFD

 SHORT

 200

 32.8815 EUR

 EUR 1.40

 CFD

 SHORT

 300

 32.8815 EUR

 EUR 1.40

 CFD

 SHORT

 90

 32.8815 EUR

 EUR 1.40

 CFD

 SHORT

 434

 32.8817 EUR

 EUR 1.40

 CFD

 SHORT

 137

 32.8817 EUR

 EUR 1.40

 CFD

 SHORT

 1,900

 32.8817 EUR

 EUR 1.40

 CFD

 SHORT

 2,811

 32.8817 EUR

 EUR 1.40

 CFD

 SHORT

 2,940

 32.8817 EUR

 EUR 1.40

 CFD

 SHORT

 584

 32.8817 EUR

 EUR 1.40

 CFD

 SHORT

 18,823

 32.8853 EUR

 EUR 1.40

 CFD

 SHORT

 44

 32.8943 EUR

 EUR 1.40

 CFD

 SHORT

 5,593

 32.9600 EUR

 EUR 1.40

 CFD

 SHORT

 1,383

 32.9618 EUR

 EUR 1.40

 CFD

 SHORT

 2,022

 32.9884 EUR

 EUR 1.40

 CFD

 SHORT

 99

 33.0900 EUR

 EUR 1.40

 CFD

 SHORT

 7

 33.1028 EUR

 EUR 1.40

 CFD

 SHORT

 20

 33.2360 EUR

 EUR 1.40

 CFD

 LONG

 2,439

 28.5224 EUR

 EUR 1.40

 CFD

 LONG

 2,565

 28.5224 EUR

 EUR 1.40

 CFD

 LONG

 29,034

 28.5224 EUR

 EUR 1.40

 CFD

 LONG

 1,451

 28.5224 EUR

 EUR 1.40

 CFD

 LONG

 47,094

 28.5224 EUR

 EUR 1.40

 CFD

 LONG

 2,105

 28.5224 EUR

 EUR 1.40

 CFD

 LONG

 170

 32.8771 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:

11 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
 
END
 
 
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