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:	11/05/2017
(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	5,506	10.52	10.28
Ordinary NPV	Sales	9,297	10.50	10.289134

 

 

(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	6	10.29897
Ordinary NPV	SWAP	LONG	7	10.31742
Ordinary NPV	SWAP	LONG	7	10.29897
Ordinary NPV	SWAP	LONG	9	10.29897
Ordinary NPV	SWAP	LONG	9	10.31742
Ordinary NPV	SWAP	LONG	15	10.31742
Ordinary NPV	SWAP	LONG	15	10.29897
Ordinary NPV	SWAP	LONG	27	10.293888
Ordinary NPV	SWAP	LONG	30	10.293888
Ordinary NPV	SWAP	LONG	32	10.29897
Ordinary NPV	SWAP	LONG	35	10.31742
Ordinary NPV	SWAP	LONG	37	10.285084
Ordinary NPV	SWAP	LONG	37	10.293888
Ordinary NPV	SWAP	LONG	43	10.29897
Ordinary NPV	SWAP	LONG	45	10.29897
Ordinary NPV	SWAP	LONG	47	10.31742
Ordinary NPV	SWAP	LONG	60	10.293888
Ordinary NPV	SWAP	LONG	62	10.290393
Ordinary NPV	SWAP	LONG	77	10.290507
Ordinary NPV	SWAP	LONG	81	10.286675
Ordinary NPV	SWAP	LONG	81	10.34
Ordinary NPV	SWAP	LONG	92	10.31742
Ordinary NPV	SWAP	LONG	94	10.29897
Ordinary NPV	SWAP	LONG	126	10.291987
Ordinary NPV	SWAP	LONG	130	10.293888
Ordinary NPV	SWAP	LONG	170	10.293888
Ordinary NPV	SWAP	LONG	178	10.293888
Ordinary NPV	SWAP	LONG	195	10.345
Ordinary NPV	SWAP	LONG	211	10.29897
Ordinary NPV	SWAP	LONG	240	10.285901
Ordinary NPV	SWAP	LONG	271	10.291516
Ordinary NPV	SWAP	LONG	349	10.289899
Ordinary NPV	SWAP	LONG	365	10.293888
Ordinary NPV	SWAP	LONG	473	10.287495
Ordinary NPV	SWAP	LONG	475	10.34
Ordinary NPV	SWAP	LONG	762	10.29193
Ordinary NPV	SWAP	LONG	830	10.293888
Ordinary NPV	SWAP	LONG	935	10.28737
Ordinary NPV	SWAP	LONG	1,009	10.38
Ordinary NPV	SWAP	LONG	1,162	10.345
Ordinary NPV	SWAP	LONG	1,750	10.34
Ordinary NPV	SWAP	LONG	2,129	10.287906
Ordinary NPV	SWAP	LONG	4,277	10.345
Ordinary NPV	SWAP	SHORT	15	10.345
Ordinary NPV	SWAP	SHORT	25	10.345
Ordinary NPV	SWAP	SHORT	59	10.29
Ordinary NPV	SWAP	SHORT	92	10.345
Ordinary NPV	SWAP	SHORT	533	10.34
Ordinary NPV	SWAP	SHORT	641	10.345
Ordinary NPV	SWAP	SHORT	657	10.34
Ordinary NPV	SWAP	SHORT	807	10.41141754
Ordinary NPV	SWAP	SHORT	1,080	10.345
Ordinary NPV	SWAP	SHORT	1,116	10.34
Ordinary NPV	SWAP	SHORT	1,145	10.41136167
Ordinary NPV	SWAP	SHORT	1,893	10.41147223
Ordinary NPV	SWAP	SHORT	3,913	10.345

 

 

 

(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:	12/05/2017
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.