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:	10/05/2017
(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	16,991	10.36	10.2
Ordinary NPV	Sales	28,208	10.358984	10.215

 

 

(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	10.358964
Ordinary NPV	SWAP	LONG	1	10.291757
Ordinary NPV	SWAP	LONG	2	10.291757
Ordinary NPV	SWAP	LONG	3	10.358964
Ordinary NPV	SWAP	LONG	4	10.358964
Ordinary NPV	SWAP	LONG	6	10.320105
Ordinary NPV	SWAP	LONG	7	10.358964
Ordinary NPV	SWAP	LONG	8	10.29606
Ordinary NPV	SWAP	LONG	9	10.297038
Ordinary NPV	SWAP	LONG	9	10.297038
Ordinary NPV	SWAP	LONG	11	10.358964
Ordinary NPV	SWAP	LONG	12	10.217867
Ordinary NPV	SWAP	LONG	16	10.294984
Ordinary NPV	SWAP	LONG	17	10.358964
Ordinary NPV	SWAP	LONG	17	10.297038
Ordinary NPV	SWAP	LONG	26	10.358964
Ordinary NPV	SWAP	LONG	28	10.295781
Ordinary NPV	SWAP	LONG	28	10.293698
Ordinary NPV	SWAP	LONG	34	10.298991
Ordinary NPV	SWAP	LONG	39	10.308234
Ordinary NPV	SWAP	LONG	40	10.297038
Ordinary NPV	SWAP	LONG	43	10.358964
Ordinary NPV	SWAP	LONG	55	10.305808
Ordinary NPV	SWAP	LONG	57	10.320105
Ordinary NPV	SWAP	LONG	61	10.296554
Ordinary NPV	SWAP	LONG	64	10.297038
Ordinary NPV	SWAP	LONG	70	10.305014
Ordinary NPV	SWAP	LONG	75	10.358964
Ordinary NPV	SWAP	LONG	78	10.307418
Ordinary NPV	SWAP	LONG	80	10.287844
Ordinary NPV	SWAP	LONG	84	10.297038
Ordinary NPV	SWAP	LONG	87	10.318503
Ordinary NPV	SWAP	LONG	92	10.273191
Ordinary NPV	SWAP	LONG	100	10.230595
Ordinary NPV	SWAP	LONG	101	10.297038
Ordinary NPV	SWAP	LONG	144	10.304455
Ordinary NPV	SWAP	LONG	145	10.314279
Ordinary NPV	SWAP	LONG	152	10.305527
Ordinary NPV	SWAP	LONG	172	10.292373
Ordinary NPV	SWAP	LONG	246	10.297038
Ordinary NPV	SWAP	LONG	293	10.302889
Ordinary NPV	SWAP	LONG	299	10.304352
Ordinary NPV	SWAP	LONG	312	10.315332
Ordinary NPV	SWAP	LONG	323	10.277978
Ordinary NPV	SWAP	LONG	357	10.297038
Ordinary NPV	SWAP	LONG	422	10.237359
Ordinary NPV	SWAP	LONG	430	10.306043
Ordinary NPV	SWAP	LONG	435	10.305083
Ordinary NPV	SWAP	LONG	486	10.261536
Ordinary NPV	SWAP	LONG	556	10.318908
Ordinary NPV	SWAP	LONG	870	10.304427
Ordinary NPV	SWAP	LONG	880	10.314349
Ordinary NPV	SWAP	LONG	976	10.296048
Ordinary NPV	SWAP	LONG	1,629	10.286012
Ordinary NPV	SWAP	LONG	2,406	10.275751

 

 

 

(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:	11/05/2017
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.