Form 8.5 (EPT/RI) Replacement of HAMMERSON PLC

AMENDMENT      Section (2a & 2b)        

 

 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:	Morgan Stanley & Co. International plc
(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 dealing undertaken:	03 APRIL 2018
(e) Has the EPT previously disclosed, or is it today  disclosing, under the Code in respect of any other party to this offer?	YES - Intu Properties plc & Klepierre S.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	Lowest price per unit paid/received
25P ORDINARY	PURCHASES	740,924	5.3600 GBP	5.2860 GBP
25P ORDINARY	SALES	1,080,236	5.3623 GBP	5.2800 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
25P ORDINARY	CFD	LONG	1,963	5.2891 GBP
25P ORDINARY	CFD	LONG	6,037	5.2897 GBP
25P ORDINARY	CFD	LONG	4,107	5.2920 GBP
25P ORDINARY	CFD	LONG	5,893	5.2923 GBP
25P ORDINARY	CFD	LONG	204	5.2985 GBP
25P ORDINARY	CFD	LONG	1,154	5.3048 GBP
25P ORDINARY	CFD	LONG	2,717	5.3200 GBP
25P ORDINARY	CFD	LONG	85	5.3200 GBP
25P ORDINARY	CFD	LONG	100	5.3200 GBP
25P ORDINARY	CFD	LONG	1,033	5.3200 GBP
25P ORDINARY	CFD	LONG	26,698	5.3311 GBP
25P ORDINARY	CFD	LONG	1,079	5.3385 GBP
25P ORDINARY	CFD	LONG	3,736	5.3439 GBP
25P ORDINARY	CFD	LONG	4,628	5.3439 GBP
25P ORDINARY	CFD	LONG	24,783	5.3520 GBP
25P ORDINARY	CFD	LONG	3,786	5.3520 GBP
25P ORDINARY	CFD	LONG	3,787	5.3520 GBP
25P ORDINARY	CFD	LONG	7,805	5.3520 GBP
25P ORDINARY	CFD	LONG	29,248	5.3520 GBP
25P ORDINARY	CFD	SHORT	6,200	5.2900 GBP
25P ORDINARY	CFD	SHORT	102	5.3208 GBP
25P ORDINARY	CFD	SHORT	24,532	5.3254 GBP
25P ORDINARY	CFD	SHORT	4,211	5.3297 GBP
25P ORDINARY	CFD	SHORT	1,570	5.3380 GBP
25P ORDINARY	CFD	SHORT	6,794	5.3380 GBP
25P ORDINARY	CFD	SHORT	4,066	5.3400 GBP
25P ORDINARY	CFD	SHORT	16,001	5.3520 GBP
25P ORDINARY	CFD	SHORT	2,701	5.3520 GBP
25P ORDINARY	CFD	SHORT	3,759	5.3520 GBP
25P ORDINARY	CFD	SHORT	5,284	5.3520 GBP

 

 

(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	Number of securities	Exercise price per unit
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

 

The currency of all prices and other monetary amounts should be stated.

 

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.

 

 

 

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: 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:	05 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 dealing disclosure requirements on +44 (0)20 7638 0129.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.