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:	13 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	9,477,295	4.7600 GBP	4.4730 GBP
25P ORDINARY	SALES	10,490,944	4.7620 GBP	4.4940 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	491,831	4.5540 GBP
25P ORDINARY	CFD	LONG	12,320	4.5742 GBP
25P ORDINARY	CFD	LONG	2,976	4.5743 GBP
25P ORDINARY	CFD	LONG	24	4.5766 GBP
25P ORDINARY	CFD	LONG	94,638	4.5772 GBP
25P ORDINARY	CFD	LONG	80	4.5796 GBP
25P ORDINARY	CFD	LONG	17,000	4.5804 GBP
25P ORDINARY	CFD	LONG	186	4.5806 GBP
25P ORDINARY	CFD	LONG	497	4.5810 GBP
25P ORDINARY	CFD	LONG	423	4.5816 GBP
25P ORDINARY	CFD	LONG	536,874	4.5876 GBP
25P ORDINARY	CFD	LONG	406,886	4.5939 GBP
25P ORDINARY	CFD	LONG	386,667	4.5939 GBP
25P ORDINARY	CFD	LONG	224,605	4.6239 GBP
25P ORDINARY	CFD	LONG	9,189	4.6241 GBP
25P ORDINARY	CFD	LONG	28,592	4.6261 GBP
25P ORDINARY	CFD	LONG	1,488	4.6271 GBP
25P ORDINARY	CFD	LONG	221,946	4.6271 GBP
25P ORDINARY	CFD	LONG	886,004	4.6383 GBP
25P ORDINARY	CFD	LONG	30,000	4.6393 GBP
25P ORDINARY	CFD	LONG	60,000	4.6393 GBP
25P ORDINARY	CFD	LONG	40,000	4.6393 GBP
25P ORDINARY	CFD	LONG	20,000	4.6393 GBP
25P ORDINARY	CFD	LONG	7,800	4.6400 GBP
25P ORDINARY	CFD	LONG	48,000	4.6400 GBP
25P ORDINARY	CFD	LONG	48,000	4.6400 GBP
25P ORDINARY	CFD	LONG	1,409	4.6404 GBP
25P ORDINARY	CFD	LONG	180,978	4.6419 GBP
25P ORDINARY	CFD	LONG	120,000	4.6624 GBP
25P ORDINARY	CFD	LONG	180,000	4.6624 GBP
25P ORDINARY	CFD	LONG	10,284	4.6833 GBP
25P ORDINARY	CFD	LONG	15,591	4.7198 GBP
25P ORDINARY	CFD	LONG	2,670	4.7220 GBP
25P ORDINARY	CFD	LONG	89,755	4.7300 GBP
25P ORDINARY	CFD	LONG	15,593	4.7300 GBP
25P ORDINARY	CFD	LONG	15,592	4.7300 GBP
25P ORDINARY	CFD	LONG	2,991	4.7300 GBP
25P ORDINARY	CFD	LONG	2,149	4.7300 GBP
25P ORDINARY	CFD	LONG	4,204	4.7300 GBP
25P ORDINARY	CFD	LONG	29,851	4.7300 GBP
25P ORDINARY	CFD	LONG	1,219	4.7300 GBP
25P ORDINARY	CFD	LONG	1,219	4.7310 GBP
25P ORDINARY	CFD	LONG	1,219	4.7310 GBP
25P ORDINARY	CFD	LONG	1,219	4.7310 GBP
25P ORDINARY	CFD	LONG	1,219	4.7310 GBP
25P ORDINARY	CFD	LONG	1,218	4.7310 GBP
25P ORDINARY	CFD	LONG	919	4.7320 GBP
25P ORDINARY	CFD	LONG	981	4.7350 GBP
25P ORDINARY	CFD	LONG	644	4.7370 GBP
25P ORDINARY	CFD	LONG	990	4.7435 GBP
25P ORDINARY	CFD	LONG	220	4.7470 GBP
25P ORDINARY	CFD	LONG	637	4.7490 GBP
25P ORDINARY	CFD	LONG	584	4.7500 GBP
25P ORDINARY	CFD	LONG	1,372	4.7500 GBP
25P ORDINARY	CFD	LONG	623	4.7500 GBP
25P ORDINARY	CFD	LONG	863	4.7510 GBP
25P ORDINARY	CFD	LONG	948	4.7510 GBP
25P ORDINARY	CFD	LONG	711	4.7510 GBP
25P ORDINARY	CFD	LONG	1,189	4.7520 GBP
25P ORDINARY	CFD	LONG	386	4.7520 GBP
25P ORDINARY	CFD	LONG	311	4.7530 GBP
25P ORDINARY	CFD	LONG	1,500	4.7550 GBP
25P ORDINARY	CFD	LONG	610	4.7570 GBP
25P ORDINARY	CFD	LONG	610	4.7570 GBP
25P ORDINARY	CFD	LONG	610	4.7570 GBP
25P ORDINARY	CFD	LONG	610	4.7570 GBP
25P ORDINARY	CFD	LONG	610	4.7580 GBP
25P ORDINARY	CFD	LONG	610	4.7580 GBP
25P ORDINARY	CFD	LONG	834	4.7590 GBP
25P ORDINARY	CFD	SHORT	3,148	4.5296 GBP
25P ORDINARY	CFD	SHORT	5,960	4.5296 GBP
25P ORDINARY	CFD	SHORT	4,329	4.5423 GBP
25P ORDINARY	CFD	SHORT	9,112	4.5481 GBP
25P ORDINARY	CFD	SHORT	11,800	4.5615 GBP
25P ORDINARY	CFD	SHORT	12,601	4.5663 GBP
25P ORDINARY	CFD	SHORT	223,117	4.6108 GBP
25P ORDINARY	CFD	SHORT	223,434	4.6152 GBP
25P ORDINARY	CFD	SHORT	180	4.6280 GBP
25P ORDINARY	CFD	SHORT	88	4.6330 GBP
25P ORDINARY	CFD	SHORT	96,000	4.6399 GBP
25P ORDINARY	CFD	SHORT	414	4.6598 GBP
25P ORDINARY	CFD	SHORT	990	4.6708 GBP
25P ORDINARY	CFD	SHORT	45,000	4.6845 GBP
25P ORDINARY	CFD	SHORT	45,000	4.6845 GBP
25P ORDINARY	CFD	SHORT	802	4.6845 GBP
25P ORDINARY	CFD	SHORT	1,200	4.6965 GBP
25P ORDINARY	CFD	SHORT	7,480	4.7005 GBP
25P ORDINARY	CFD	SHORT	55	4.7047 GBP
25P ORDINARY	CFD	SHORT	490	4.7050 GBP
25P ORDINARY	CFD	SHORT	620	4.7050 GBP
25P ORDINARY	CFD	SHORT	286	4.7050 GBP
25P ORDINARY	CFD	SHORT	947	4.7050 GBP
25P ORDINARY	CFD	SHORT	957	4.7070 GBP
25P ORDINARY	CFD	SHORT	562	4.7070 GBP
25P ORDINARY	CFD	SHORT	2,187	4.7070 GBP
25P ORDINARY	CFD	SHORT	543	4.7070 GBP
25P ORDINARY	CFD	SHORT	656	4.7070 GBP
25P ORDINARY	CFD	SHORT	339	4.7070 GBP
25P ORDINARY	CFD	SHORT	562	4.7075 GBP
25P ORDINARY	CFD	SHORT	824	4.7080 GBP
25P ORDINARY	CFD	SHORT	796	4.7080 GBP
25P ORDINARY	CFD	SHORT	1,026	4.7080 GBP
25P ORDINARY	CFD	SHORT	473	4.7080 GBP
25P ORDINARY	CFD	SHORT	388	4.7080 GBP
25P ORDINARY	CFD	SHORT	625	4.7080 GBP
25P ORDINARY	CFD	SHORT	948	4.7080 GBP
25P ORDINARY	CFD	SHORT	1,367	4.7084 GBP
25P ORDINARY	CFD	SHORT	1,367	4.7089 GBP
25P ORDINARY	CFD	SHORT	900	4.7089 GBP
25P ORDINARY	CFD	SHORT	1,459	4.7090 GBP
25P ORDINARY	CFD	SHORT	562	4.7090 GBP
25P ORDINARY	CFD	SHORT	1,053	4.7090 GBP
25P ORDINARY	CFD	SHORT	1,362	4.7090 GBP
25P ORDINARY	CFD	SHORT	711	4.7090 GBP
25P ORDINARY	CFD	SHORT	625	4.7090 GBP
25P ORDINARY	CFD	SHORT	498	4.7090 GBP
25P ORDINARY	CFD	SHORT	464	4.7090 GBP
25P ORDINARY	CFD	SHORT	98	4.7090 GBP
25P ORDINARY	CFD	SHORT	2,067	4.7300 GBP
25P ORDINARY	CFD	SHORT	13,461	4.7300 GBP
25P ORDINARY	CFD	SHORT	279,071	4.7300 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:	17 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.