Form 8.5 (EPT/NON-RI) - Hammerson plc

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:	RMB Morgan Stanley (Pty) Ltd
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	Hammerson plc
(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	3rd 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 - Intu Properties 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:	25p ordinary
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	4,858	0.00	0	0.00
(2) Cash-settled derivatives:	239,084	0.03	234,414	0.03
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	243,942	0.03	234,414	0.03

 

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 (ZAR)	Lowest price per unit paid/received         (ZAR)
25p ordinary	PURCHASE	50,954	89.210	87.660
25p ordinary	SALE	49,333	88.130	87.853

 

 

(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 (ZAR)
25p ordinary	CFD	SHORT	14	88.060
25p ordinary	CFD	LONG	207	88.051
25p ordinary	CFD	LONG	22	88.051
25p ordinary	CFD	LONG	14	88.051
25p ordinary	CFD	SHORT	227	89.237
25p ordinary	CFD	SHORT	12,591	88.060
25p ordinary	CFD	LONG	4,284	87.853
25p ordinary	CFD	LONG	2,228	87.853
25p ordinary	CFD	LONG	3,298	87.853
25p ordinary	CFD	LONG	1,970	87.853
25p ordinary	CFD	LONG	415	87.853
25p ordinary	CFD	LONG	212	87.853
25p ordinary	CFD	LONG	314	87.853
25p ordinary	CFD	LONG	187	87.853
25p ordinary	CFD	LONG	1,143	87.853
25p ordinary	CFD	LONG	874	87.853
25p ordinary	CFD	LONG	457	87.853
25p ordinary	CFD	LONG	350	87.853
25p ordinary	CFD	LONG	4,764	88.088

 

 

(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"

 

(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"

 

(c)        Attachments

 

Is a Supplemental Form 8 (Open Positions) attached?

NO

 

 

Date of disclosure:	4th 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.

 

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.