REG - Morgan Stanley Klepierre S.A. - Form 8.5 (EPT/NON-RI) - KLEPIERRE S.A

Klepierre SAAnnouncement

28/03/2018 10:45

RNS Number : 2345J
Morgan Stanley
28 March 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


27 MARCH 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:


1,723,695


0.55


985,238


0.31




(2) Cash-settled derivatives:
 


985,636


0.31


1,724,093


0.55




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


0


0.00


0


0.00




 
     TOTAL:


2,709,331


0.86


2,709,331


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


 42,974


 32.2384 EUR


 31.9305 EUR




 EUR 1.40


 SALES


 89,167


 32.2155 EUR


 31.8542 EUR




 EUR 1.40


 SALES


 700


 27.9540 GBP


 27.9540 GBP




 EUR 1.40


 SALES


 63


 39.6726 USD


 39.6726 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


 7


 31.7900 EUR




 EUR 1.40


 CFD


 LONG


 1


 31.8300 EUR




 EUR 1.40


 CFD


 LONG


 5


 31.8460 EUR




 EUR 1.40


 CFD


 LONG


 5


 31.8460 EUR




 EUR 1.40


 CFD


 LONG


 1,340


 31.8540 EUR




 EUR 1.40


 CFD


 LONG


 5,558


 31.8542 EUR




 EUR 1.40


 CFD


 LONG


 450


 31.8619 EUR




 EUR 1.40


 CFD


 LONG


 1


 31.8700 EUR




 EUR 1.40


 CFD


 LONG


 6,283


 31.8782 EUR




 EUR 1.40


 CFD


 LONG


 1,062


 31.8798 EUR




 EUR 1.40


 CFD


 LONG


 288


 31.8800 EUR




 EUR 1.40


 CFD


 LONG


 29,859


 31.8800 EUR




 EUR 1.40


 CFD


 LONG


 11,037


 31.8800 EUR




 EUR 1.40


 CFD


 LONG


 116


 31.8800 EUR




 EUR 1.40


 CFD


 LONG


 161


 31.8800 EUR




 EUR 1.40


 CFD


 LONG


 82


 31.8800 EUR




 EUR 1.40


 CFD


 LONG


 2,506


 31.9619 EUR




 EUR 1.40


 CFD


 LONG


 4,000


 31.9632 EUR




 EUR 1.40


 CFD


 LONG


 3,834


 31.9692 EUR




 EUR 1.40


 CFD


 LONG


 12,744


 31.9793 EUR




 EUR 1.40


 CFD


 LONG


 2,640


 31.9881 EUR




 EUR 1.40


 CFD


 LONG


 6,160


 32.0141 EUR




 EUR 1.40


 CFD


 LONG


 983


 32.1320 EUR




 EUR 1.40


 CFD


 LONG


 45


 32.2151 EUR




 EUR 1.40


 CFD


 SHORT


 2,220


 31.8223 EUR




 EUR 1.40


 CFD


 SHORT


 4


 31.8397 EUR




 EUR 1.40


 CFD


 SHORT


 956


 31.8397 EUR




 EUR 1.40


 CFD


 SHORT


 414


 31.8429 EUR




 EUR 1.40


 CFD


 SHORT


 1,184


 31.8500 EUR




 EUR 1.40


 CFD


 SHORT


 1,372


 31.8524 EUR




 EUR 1.40


 CFD


 SHORT


 1,147


 31.8582 EUR




 EUR 1.40


 CFD


 SHORT


 1,093


 31.8628 EUR




 EUR 1.40


 CFD


 SHORT


 1,792


 31.8673 EUR




 EUR 1.40


 CFD


 SHORT


 55


 31.8759 EUR




 EUR 1.40


 CFD


 SHORT


 14


 31.8759 EUR




 EUR 1.40


 CFD


 SHORT


 200


 31.8800 EUR




 EUR 1.40


 CFD


 SHORT


 333


 31.8800 EUR




 EUR 1.40


 CFD


 SHORT


 833


 31.8800 EUR




 EUR 1.40


 CFD


 SHORT


 93


 31.8800 EUR




 EUR 1.40


 CFD


 SHORT


 340


 31.9305 EUR




 EUR 1.40


 CFD


 SHORT


 780


 31.9305 EUR




 EUR 1.40


 CFD


 SHORT


 960


 31.9317 EUR




 EUR 1.40


 CFD


 SHORT


 11,772


 31.9971 EUR




 EUR 1.40


 CFD


 SHORT


 13,331


 32.0187 EUR




 EUR 1.40


 CFD


 SHORT


 3,947


 32.0213 EUR




 EUR 1.40


 CFD


 SHORT


 36


 32.0819 EUR




 EUR 1.40


 CFD


 SHORT


 35


 32.1100 EUR




 EUR 1.40


 CFD


 LONG


 700


 27.9541 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


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:


28 MARCH 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 monitoring@disclosure.org.uk.  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.



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