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:	Deutsche Bank AG London
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:   Use a separate form for each offeror/offeree	Kennedy Wilson Europe Real Estate Plc
(c) Name of the party to the offer with which exempt principal trader is connected:	Kennedy-Wilson Holdings, Inc.
(d) Date dealing undertaken:	09/05/2017
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?   If it is a cash offer or possible cash offer, state "N/A"	No

 

 

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 GBP	Lowest price per unit paid/received GBP
Ordinary NPV	Purchase	10,596	10.26	10.13
Ordinary NPV	Sales	30,883	10.187519	10.15

 

 

(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
Ordinary NPV	SWAP	LONG	1	10.168983
Ordinary NPV	SWAP	LONG	1	10.168983
Ordinary NPV	SWAP	LONG	2	10.168983
Ordinary NPV	SWAP	LONG	3	10.168983
Ordinary NPV	SWAP	LONG	3	10.168983
Ordinary NPV	SWAP	LONG	4	10.188981
Ordinary NPV	SWAP	LONG	6	10.168983
Ordinary NPV	SWAP	LONG	9	10.155965
Ordinary NPV	SWAP	LONG	10	10.168983
Ordinary NPV	SWAP	LONG	11	10.183527
Ordinary NPV	SWAP	LONG	13	10.155965
Ordinary NPV	SWAP	LONG	15	10.156167
Ordinary NPV	SWAP	LONG	15	10.168983
Ordinary NPV	SWAP	LONG	17	10.159015
Ordinary NPV	SWAP	LONG	17	10.19251
Ordinary NPV	SWAP	LONG	17	10.159694
Ordinary NPV	SWAP	LONG	18	10.191203
Ordinary NPV	SWAP	LONG	22	10.159675
Ordinary NPV	SWAP	LONG	23	10.168983
Ordinary NPV	SWAP	LONG	26	10.15643
Ordinary NPV	SWAP	LONG	26	10.163955
Ordinary NPV	SWAP	LONG	31	10.193497
Ordinary NPV	SWAP	LONG	38	10.168983
Ordinary NPV	SWAP	LONG	40	10.172254
Ordinary NPV	SWAP	LONG	42	10.165058
Ordinary NPV	SWAP	LONG	42	10.163634
Ordinary NPV	SWAP	LONG	45	10.160371
Ordinary NPV	SWAP	LONG	46	10.156556
Ordinary NPV	SWAP	LONG	50	10.183382
Ordinary NPV	SWAP	LONG	66	10.171497
Ordinary NPV	SWAP	LONG	67	10.156506
Ordinary NPV	SWAP	LONG	71	10.154947
Ordinary NPV	SWAP	LONG	85	10.156179
Ordinary NPV	SWAP	LONG	89	10.160976
Ordinary NPV	SWAP	LONG	91	10.152097
Ordinary NPV	SWAP	LONG	96	10.164712
Ordinary NPV	SWAP	LONG	102	10.168983
Ordinary NPV	SWAP	LONG	104	10.157889
Ordinary NPV	SWAP	LONG	122	10.160923
Ordinary NPV	SWAP	LONG	142	10.151818
Ordinary NPV	SWAP	LONG	148	10.16094
Ordinary NPV	SWAP	LONG	175	10.156552
Ordinary NPV	SWAP	LONG	198	10.172784
Ordinary NPV	SWAP	LONG	199	10.165069
Ordinary NPV	SWAP	LONG	223	10.171497
Ordinary NPV	SWAP	LONG	228	10.152088
Ordinary NPV	SWAP	LONG	275	10.165389
Ordinary NPV	SWAP	LONG	298	10.16091
Ordinary NPV	SWAP	LONG	388	10.152407
Ordinary NPV	SWAP	LONG	395	10.156271
Ordinary NPV	SWAP	LONG	425	10.172254
Ordinary NPV	SWAP	LONG	443	10.155069
Ordinary NPV	SWAP	LONG	446	10.171723
Ordinary NPV	SWAP	LONG	528	10.158701
Ordinary NPV	SWAP	LONG	570	10.152283
Ordinary NPV	SWAP	LONG	610	10.165073
Ordinary NPV	SWAP	LONG	686	10.170291
Ordinary NPV	SWAP	LONG	823	10.162759
Ordinary NPV	SWAP	LONG	950	10.173532
Ordinary NPV	SWAP	LONG	1,042	10.168444
Ordinary NPV	SWAP	LONG	1,390	10.152139
Ordinary NPV	SWAP	LONG	1,957	10.173584
Ordinary NPV	SWAP	LONG	2,261	10.154317
Ordinary NPV	SWAP	LONG	2,510	10.172784
Ordinary NPV	SWAP	LONG	5,766	10.1735
Ordinary NPV	SWAP	LONG	6,122	10.170291
Ordinary NPV	SWAP	SHORT	2,140	10.17171126
Ordinary NPV	SWAP	SHORT	3,036	10.17170388
Ordinary NPV	SWAP	SHORT	5,018	10.1717188

 

 

 

(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

 

 

(ii)        Exercise

 

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit

 

(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)

 

 

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: 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

 

 

Date of disclosure:	10/05/2017
Contact name:	Daniel Banayo
Telephone number:	0207 545 7575

 

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

 

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