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:	21/06/2017
(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"	Yes

 

 

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	710	10.9	10.81862
Ordinary NPV	Sales	20,183	10.9496	10.81

 

 

(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	2	10.918333
Ordinary NPV	SWAP	LONG	4	10.908909
Ordinary NPV	SWAP	LONG	6	10.908909
Ordinary NPV	SWAP	LONG	8	10.925689
Ordinary NPV	SWAP	LONG	8	10.908909
Ordinary NPV	SWAP	LONG	9	10.944937
Ordinary NPV	SWAP	LONG	9	10.908909
Ordinary NPV	SWAP	LONG	14	10.83729
Ordinary NPV	SWAP	LONG	16	10.811467
Ordinary NPV	SWAP	LONG	19	10.951324
Ordinary NPV	SWAP	LONG	20	10.83729
Ordinary NPV	SWAP	LONG	20	10.933045
Ordinary NPV	SWAP	LONG	25	10.83729
Ordinary NPV	SWAP	LONG	32	10.908909
Ordinary NPV	SWAP	LONG	38	10.913893
Ordinary NPV	SWAP	LONG	42	10.932344
Ordinary NPV	SWAP	LONG	58	10.925435
Ordinary NPV	SWAP	LONG	65	10.926028
Ordinary NPV	SWAP	LONG	76	10.948711
Ordinary NPV	SWAP	LONG	116	10.811402
Ordinary NPV	SWAP	LONG	126	10.811338
Ordinary NPV	SWAP	LONG	134	10.933265
Ordinary NPV	SWAP	LONG	146	10.951813
Ordinary NPV	SWAP	LONG	152	10.949147
Ordinary NPV	SWAP	LONG	157	10.951824
Ordinary NPV	SWAP	LONG	165	10.926141
Ordinary NPV	SWAP	LONG	166	10.83729
Ordinary NPV	SWAP	LONG	179	10.83729
Ordinary NPV	SWAP	LONG	347	10.924296
Ordinary NPV	SWAP	LONG	478	10.948515
Ordinary NPV	SWAP	LONG	1,062	10.926998
Ordinary NPV	SWAP	LONG	2,102	10.926571
Ordinary NPV	SWAP	LONG	2,159	10.924413
Ordinary NPV	SWAP	LONG	2,323	10.924371
Ordinary NPV	SWAP	LONG	7,608	10.913662

 

 

 

(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:	22/06/2017
Contact name:	Ravi Patel
Telephone number:	0207 407 9004

 

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.