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:	11/08/2017
(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	818	11.299267	11.299267
Ordinary NPV	Sales	965,050	11.3113	11.28

 

 

(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	11.308869
Ordinary NPV	SWAP	LONG	1	11.308869
Ordinary NPV	SWAP	LONG	5	11.292176
Ordinary NPV	SWAP	LONG	5	11.300421
Ordinary NPV	SWAP	LONG	5	11.300421
Ordinary NPV	SWAP	LONG	6	11.292176
Ordinary NPV	SWAP	LONG	6	11.308869
Ordinary NPV	SWAP	LONG	7	11.308869
Ordinary NPV	SWAP	LONG	8	11.306184
Ordinary NPV	SWAP	LONG	12	11.307079
Ordinary NPV	SWAP	LONG	13	11.305564
Ordinary NPV	SWAP	LONG	22	11.30594
Ordinary NPV	SWAP	LONG	38	11.30183
Ordinary NPV	SWAP	LONG	40	11.308869
Ordinary NPV	SWAP	LONG	41	11.292908
Ordinary NPV	SWAP	LONG	42	11.292652
Ordinary NPV	SWAP	LONG	43	11.292641
Ordinary NPV	SWAP	LONG	43	11.302321
Ordinary NPV	SWAP	LONG	45	11.308869
Ordinary NPV	SWAP	LONG	45	11.301047
Ordinary NPV	SWAP	LONG	60	11.308869
Ordinary NPV	SWAP	LONG	65	11.294653
Ordinary NPV	SWAP	LONG	72	11.29478
Ordinary NPV	SWAP	LONG	73	11.293135
Ordinary NPV	SWAP	LONG	79	11.305062
Ordinary NPV	SWAP	LONG	82	11.302345
Ordinary NPV	SWAP	LONG	102	11.308869
Ordinary NPV	SWAP	LONG	222	11.293032
Ordinary NPV	SWAP	LONG	240	11.302416
Ordinary NPV	SWAP	LONG	336	11.308839
Ordinary NPV	SWAP	LONG	383	11.294488
Ordinary NPV	SWAP	LONG	436	11.294517
Ordinary NPV	SWAP	LONG	529	11.294768
Ordinary NPV	SWAP	LONG	872	11.294761
Ordinary NPV	SWAP	LONG	2,681	11.294795

 

 

 

(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:	14/08/2017
Contact name:	Ravi Patel
Telephone number:	0121 407 9003

 

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.