Klépierre : Notice to Shareholders Regarding UK Disclosure Requirements
23 March 2018
Rule 8 Announcement to Shareholders
Klépierre: Notice to Shareholders Regarding UK Disclosure Requirements
Klépierre S.A ("Klépierre") wishes to direct the attention of its shareholders to certain disclosure requirements applicable to the possible offer by Klépierre for Hammerson plc which was announced on 19 March 2018. Klépierre's shares are admitted to trading on Euronext Paris.
The relevant disclosure requirements are set out in Rule 8 of the UK City Code on Takeovers and Mergers, which is published and administered by the UK Takeover Panel. In particular, Rule 8.3 of the Takeover Code requires that any person who is interested (directly and indirectly) in 1% or more of any class of relevant security of any party to the offer must make (a) an Opening Position Disclosure and (b) a Dealing Disclosure if they deal in any relevant security of any party to the offer during an offer period. Klépierre's ordinary shares are relevant securities for the purposes of this offer period.
Further information about the Takeover's Panel disclosure regime is available at: http://www.thetakeoverpanel.org.uk/disclosure. If any Klépierre shareholder has any questions on these disclosure requirements, the Takeover Panel's Market Surveillance Unit will be happy to answer them and should be contacted on +44 (0)20 7638 0129.