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:	21/07/2017
(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- Kennedy-Wilson Holdings, Inc.

 

 

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	5,350	11.47	11.37884
Ordinary NPV	Sales	892	11.47	11.47

 

 

(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 GBP
Ordinary NPV	SWAP	SHORT	1	11.430185
Ordinary NPV	SWAP	SHORT	1	11.451145
Ordinary NPV	SWAP	SHORT	1	11.381138
Ordinary NPV	SWAP	SHORT	1	11.430185
Ordinary NPV	SWAP	SHORT	1	11.381138
Ordinary NPV	SWAP	SHORT	1	11.430185
Ordinary NPV	SWAP	SHORT	2	11.411141
Ordinary NPV	SWAP	SHORT	2	11.381138
Ordinary NPV	SWAP	SHORT	3	11.457864
Ordinary NPV	SWAP	SHORT	3	11.451145
Ordinary NPV	SWAP	SHORT	3	11.457864
Ordinary NPV	SWAP	SHORT	4	11.378825
Ordinary NPV	SWAP	SHORT	4	11.430185
Ordinary NPV	SWAP	SHORT	4	11.411141
Ordinary NPV	SWAP	SHORT	4	11.411141
Ordinary NPV	SWAP	SHORT	5	11.378825
Ordinary NPV	SWAP	SHORT	5	11.381138
Ordinary NPV	SWAP	SHORT	5	11.457864
Ordinary NPV	SWAP	SHORT	6	11.451145
Ordinary NPV	SWAP	SHORT	8	11.430185
Ordinary NPV	SWAP	SHORT	9	11.457864
Ordinary NPV	SWAP	SHORT	9	11.378825
Ordinary NPV	SWAP	SHORT	10	11.381138
Ordinary NPV	SWAP	SHORT	11	11.451145
Ordinary NPV	SWAP	SHORT	11	11.411141
Ordinary NPV	SWAP	SHORT	11	11.430185
Ordinary NPV	SWAP	SHORT	13	11.451145
Ordinary NPV	SWAP	SHORT	13	11.451145
Ordinary NPV	SWAP	SHORT	14	11.381138
Ordinary NPV	SWAP	SHORT	15	11.457864
Ordinary NPV	SWAP	SHORT	18	11.381138
Ordinary NPV	SWAP	SHORT	18	11.430185
Ordinary NPV	SWAP	SHORT	21	11.430185
Ordinary NPV	SWAP	SHORT	22	11.378825
Ordinary NPV	SWAP	SHORT	24	11.411141
Ordinary NPV	SWAP	SHORT	24	11.448946
Ordinary NPV	SWAP	SHORT	26	11.381138
Ordinary NPV	SWAP	SHORT	30	11.411141
Ordinary NPV	SWAP	SHORT	39	11.457864
Ordinary NPV	SWAP	SHORT	41	11.456442
Ordinary NPV	SWAP	SHORT	47	11.378825
Ordinary NPV	SWAP	SHORT	49	11.44952
Ordinary NPV	SWAP	SHORT	49	11.411141
Ordinary NPV	SWAP	SHORT	54	11.411141
Ordinary NPV	SWAP	SHORT	58	11.451145
Ordinary NPV	SWAP	SHORT	62	11.378825
Ordinary NPV	SWAP	SHORT	77	11.430185
Ordinary NPV	SWAP	SHORT	79	11.381138
Ordinary NPV	SWAP	SHORT	81	11.378825
Ordinary NPV	SWAP	SHORT	83	11.456112
Ordinary NPV	SWAP	SHORT	100	11.378825
Ordinary NPV	SWAP	SHORT	176	11.456378
Ordinary NPV	SWAP	SHORT	207	11.411141
Ordinary NPV	SWAP	SHORT	226	11.456299
Ordinary NPV	SWAP	SHORT	323	11.378825
Ordinary NPV	SWAP	SHORT	378	11.456281
Ordinary NPV	SWAP	SHORT	403	11.45626
Ordinary NPV	SWAP	SHORT	1,563	11.456316

 

 

 

(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:	24/07/2017
Contact name:	Jasim Baloch
Telephone number:	0121 407 9093

 

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.