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    BN4   SG1U68934629

KEPPEL CORPORATION LIMITED

(BN4)
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General Announcement::Proposed Acquisition of Shares in SPH via Scheme of Arrangement - Dealings Disclosure

08/30/2021 | 05:14am EDT

To

:

An Authorised Person

For and on behalf of Keppel Pegasus Pte. Ltd.

PROPOSED ACQUISITION BY KEPPEL PEGASUS PTE. LTD. (THE "OFFEROR"), A DIRECT, WHOLLY-OWNED SUBSIDIARY OF KEPPEL CORPORATION LIMITED ("KCL"), OF ALL THE ISSUED ORDINARY SHARES IN THE CAPITAL OF SINGAPORE PRESS HOLDINGS LIMITED (THE "OFFEREE") BY WAY OF A SCHEME OF ARRANGEMENT

Disclosure of Dealings in the Securities of the Offeree; Keppel REIT; or SPH REIT

We, BlackRock, Inc., being an associate of the Offeror, hereby disclose our dealings in the securities (including shares, convertible securities, warrants, options and derivatives in respect of the shares) of the Offeree (the "Offeree Securities"); in the securities (including units, convertible securities, warrants, options and derivatives in respect of the units) of Keppel REIT (the "K-REITSecurities"); and in the securities (including units, convertible securities, warrants, options and derivatives in respect of the units) of SPH REIT (the "SPH REIT Securities") as follows1:

Offeree Securities

Transaction Date

Nature of Transaction

Number and type of

Transaction Price

Holdings in Offeree

Percentage in

Identity of the

(Buy/Sell/Exercise)

Offeree Securities

Per Share (S$)

Securities following

Offeree Securities

principal or associate

(State shares,

the Transaction

following the

or other person

convertible

Transaction (%)

dealing

securities,

warrants, options or

derivatives^)

27-Aug-21

SELL

15,200

1.9428 SGD

36,934,794

2.32%

BlackRock, Inc.

27-Aug-21

BUY

23,600

1.94 SGD

36,958,394

2.32%

BlackRock, Inc.

27-Aug-21

N/A - In-specie Transfer

179,400

N/A

37,137,794

2.33%

BlackRock, Inc.

  • For options, please state the year the options were granted, number of securities under option, the exercise period (or in the case of exercise, the exercise date) and the exercise price or any option money paid or received for such conversion. For derivatives, please state the number of reference securities to which they relate (where relevant), the maturity date (or if applicable, the closing out date) and the reference price.

Other Arrangements in relation to Offeree Securities

1Dealings on behalf of investment clients have been made on a discretionary (not non-discretionary) basis. 1

Please provide details of any arrangements, including any indemnity or option arrangements, and any agreement or understanding, formal or informal, of whatever nature, relating to the Offeree Securities which may be an inducement to deal or refrain from dealing. Details of such arrangements must be disclosed, whether or not dealing takes place.

K-REIT Securities

Transaction Date

Nature of Transaction

Number and type of K-

Transaction Price

Holdings in

Percentage in K-REIT

Identity of the

(Buy/Sell/Exercise)

REIT Securities

Per Unit (S$)

K-REIT

Securities following

principal or associate

(State units, convertible

Securities

the Transaction (%)

or other person

securities, warrants,

following the

dealing

options or derivatives^)

Transaction

27-Aug-21

BUY

664,000

1.0836 SGD

88,105,747

2.39%

BlackRock, Inc.

27-Aug-21

BUY

35,800

1.08 SGD

88,141,547

2.39%

BlackRock, Inc.

27-Aug-21

BUY

618,900

1.0865 SGD

88,760,447

2.41%

BlackRock, Inc.

27-Aug-21

BUY

25,000

1.09 SGD

88,785,447

2.41%

BlackRock, Inc.

27-Aug-21

BUY

126,800

1.09 SGD

88,912,247

2.41%

BlackRock, Inc.

27-Aug-21

BUY

20,000

1.09 SGD

88,932,247

2.41%

BlackRock, Inc.

27-Aug-21

BUY

116,000

1.09 SGD

89,048,247

2.42%

BlackRock, Inc.

27-Aug-21

N/A - In-specie Transfer

188,600

N/A

89,236,847

2.42%

BlackRock, Inc.

27-Aug-21

N/A - Stock Loan

307,100

N/A

88,929,747

2.41%

BlackRock, Inc.

  • For options, please state the year the options were granted, number of securities under option, the exercise period (or in the case of exercise, the exercise date) and the exercise price or any option money paid or received for such conversion. For derivatives, please state the number of reference securities to which they relate (where relevant), the maturity date (or if applicable, the closing out date) and the reference price.

Other Arrangements in relation to K-REIT Securities

Please provide details of any arrangements, including any indemnity or option arrangements, and any agreement or understanding, formal or informal, of whatever nature, relating to the K-REIT Securities which may be an inducement to deal or refrain from dealing. Details of such arrangements must be disclosed, whether or not dealing takes place.

2

SPH REIT Securities

N/A

  • For options, please state the year the options were granted, number of securities under option, the exercise period (or in the case of exercise, the exercise date) and the exercise price or any option money paid or received for such conversion. For derivatives, please state the number of reference securities to which they relate (where relevant), the maturity date (or if applicable, the closing out date) and the reference price

Other Arrangements in relation to SPH REIT Securities

Please provide details of any arrangements, including any indemnity or option arrangements, and any agreement or understanding, formal or informal, of whatever nature, relating to the SPH REIT Securities which may be an inducement to deal or refrain from dealing. Details of such arrangements must be disclosed, whether or not dealing takes place.

3

We confirm that we agree to the Offeror and KCL disclosing the information provided herein to the Securities Industry Council and other regulatory authorities as may be required or necessary, such other persons as the Offeror and KCL may in their absolute discretion deem necessary or appropriate and in any public document which may be required by any regulatory authority or by any law or regulation (including, without limitation, the Singapore Code on Take-overs and Mergers).

We will promptly notify the Offeror and KCL should any of the said information prove to be untrue or incorrect in any respect after the date of this disclosure. In the absence of such notification, the Offeror and KCL are entitled to assume that the information hereby furnished is true, accurate and complete and remains unchanged.

Date:

Name: Anh Do on behalf of BlackRock, Inc.

Date: August 27, 2021

Designation: Vice President

4

Disclaimer

Keppel Corporation Ltd. published this content on 29 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 August 2021 09:11:11 UTC.


© Publicnow 2021
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