CapitaLand Mall Trust : Proposed Merger Of CapitaLand Mall Trust And CapitaLand Commercial Trust - Dealings Disclosure
September 28, 2020 at 11:20 pm EDT
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PROPOSED MERGER OF CapitaLand Mall Trust AND CapitaLand Commercial Trust
DEALINGS DISCLOSURE
INTRODUCTION
J.P. Morgan (S.E.A.) Limited ("JPMSEAL") refers to the joint announcement released on 22 January 2020, (the "Joint Announcement") in connection with the acquisition by CapitaLand Mall Trust (the "Offeror") of all the issued and paid-up units of CapitaLand Commercial Trust by way of a trust scheme of arrangement ("Trust Scheme") in accordance with The Singapore Code on Take-overs and Mergers (the "Code").
As stated at paragraph 6.3 of the Joint Announcement, JPMSEAL is the sole financial adviser to the Offeror in connection with the Trust Scheme.
All capitalised terms used and not defined herein shall have the same meanings given to them in the Joint Announcement.
DISCLOSURE OF DEALINGS
Pursuant to Rule 12.1 of the Code and the Practice Statement on the Exemption of Connected Fund Managers and Principal Traders under the Code, JPMSEAL wishes to announce the dealings by its associates (the "Relevant Entities") in the relevant securities of the Offeror on 28 September 2020, details of which are set out in the Schedule hereto.
Issued by
J.P. Morgan (S.E.A.) Limited
29 September 2020
Singapore
Schedule
Dealing in
Units
Resultant Total
of Equivalent
Name of Relevant
Units owned
Total
or controlled by
% of
Entity and (if
Highest and Lowest
Amount
the associate
Resultant
Date of
different) name of
Number
Price
Description of Security
Nature of Transaction
Prices Paid or
(Paid)/
and by
Total of
Dealing
the ultimate
of Units
(SGD)
Received (SGD)
(Received)
investment
Equivalent
beneficial owner or
(SGD)
accounts under
Units
controller
the discretionary
management of
the associate
Buy/Sell
Product Type
Nature of Dealing
Highest
Lowest
J.P. MORGAN
28-Sep-20
SECURITIES PLC
CAPITALAND MALL TRUST
Buy
REIT
Index Hedge
130,700
1.99
2.01
1.99
260,747.24
15,588,113
0.42%
(dealing as principal)
J.P. MORGAN
28-Sep-20
SECURITIES PLC
CAPITALAND MALL TRUST
Sell
REIT
Index Hedge
(60,300)
1.99
1.99
1.99
119,949.01
15,527,813
0.42%
(dealing as principal)
J.P. MORGAN
28-Sep-20
SECURITIES PLC
CAPITALAND MALL TRUST
Buy
REIT
Swap Hedge
2,000
1.99
1.99
1.99
3,981.59
15,529,813
0.42%
(dealing as principal)
J.P. MORGAN
28-Sep-20
SECURITIES PLC
CAPITALAND MALL TRUST
Sell
REIT
Derivative Settlement
(120,030)
-
-
-
-
15,409,783
0.42%
(dealing as principal)
Dealing in
Derivatives
Total
Date of
Name of Relevant Entity and (if
Number of Units to
Maturity
Closing Out
Reference
Amount
different) name of the ultimate
Description of Security
Nature of Transaction
which the
(Date)/
Date (if
(Paid)/
Dealing
Price (SGD)
beneficial owner or controller
Derivatives relate
(Period)
applicable)
(Received)
(SGD)
Buy/Sell
Product Type
Nature of Dealing
28-Sep-20
J.P. MORGAN SECURITIES PLC
CAPITALAND MALL TRUST
Sell
REIT
Swap
(2,000)
27-Oct-21
-
1.99
3,982.19
(dealing as principal)
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Capitaland Mall Trust published this content on 29 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 September 2020 03:19:03 UTC
CapitaLand Integrated Commercial Trust (the Trust) is a Singapore-based real estate investment trust (REIT). The principal activity of the Trust is to invest, directly or indirectly, in income-producing assets primarily used for commercial purposes, including retail and/or office purposes, located primarily in Singapore. The Trust's retail portfolio includes Bedok Mall, Bugis+, Bugis Junction, Bukit Panjang Plaza, Clarke Quay, the IMM Building, Junction 8, Lot One Shoppers' Mall, Tampines Mall, and Westgate. Its office portfolio includes Asia Square Tower 2, Capital Tower, CapitaGreen, Six Battery Road, 21 Collyer Quay, Gallileo, Main Airport Center, and 66 Goulburn Street, Australia. Its integrated development portfolio includes Funan, Plaza Singapura, The Atrium@Orchard, Raffles City Singapore and CapitaSpring. The Trust's investment manager is CapitaLand Integrated Commercial Trust Management Limited, which is a wholly owned subsidiary of CapitaLand Investment (CLI).
CAPITALAND INTEGRATED COMMERCIAL TRUST 
