16th Feb 2023 10:36
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: | UBS Investment Bank, London |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Capital And Counties Properties plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Capital And Counties Properties plc |
(d) Date dealing undertaken: | 15 February 2023 |
(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 | Lowest price per unit paid/received |
25p ordinary | Buy
| 314984 | 1.27481 GBP | 1.23958 GBP |
25p ordinary | Sell
| 430081
| 1.27849 GBP | 1.23711 GBP |
(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 |
25p ordinary | CFD
| Long | 17224 | 1.247981 GBP |
25p ordinary | CFD
| Long | 4667 | 1.2481 GBP |
25p ordinary | CFD
| Long | 9648 | 26.99326803 ZAR |
25p ordinary | CFD
| Long | 5441 | 26.963644 ZAR |
25p ordinary | CFD
| Long | 2207 | 27.0000012460353 ZAR |
25p ordinary | CFD
| Long | 304 | 26.9999934210526 ZAR |
25p ordinary | CFD
| Long | 210 | 27.0000119047619 ZAR |
25p ordinary | CFD
| Long | 5877 | 27.39118087 ZAR |
25p ordinary | CFD
| Long | 28943 | 1.24706494129841 GBP |
25p ordinary | CFD
| Long | 13390 | 1.2467829356236 GBP |
25p ordinary | CFD
| Long | 4123 | 1.247483 GBP |
25p ordinary | CFD
| Long | 13585 | 1.248312 GBP |
25p ordinary | CFD
| Long | 10000 | 1.247159 GBP |
25p ordinary | CFD
| Long | 43220 | 1.247741 GBP |
25p ordinary | CFD
| Long | 81310 | 27.01206432 ZAR |
25p ordinary | CFD
| Long | 13696 | 1.248 GBP |
25p ordinary | CFD
| Long | 8232 | 1.248314 GBP |
25p ordinary | CFD
| Long | 4256 | 1.247982 GBP |
25p ordinary | CFD
| Long | 32 | 1.244 GBP |
25p ordinary | CFD
| Long | 2404 | 1.245439 GBP |
25p ordinary | CFD
| Long | 22929 | 1.247526 GBP |
25p ordinary | CFD
| Long | 3308 | 1.2478752 GBP |
25p ordinary | CFD
| Short | 22701 | 1.2467651 GBP |
25p ordinary | CFD
| Short | 17873 | 1.2468497 GBP |
25p ordinary | CFD
| Short | 15852 | 1.24793887 GBP |
25p ordinary | CFD
| Short | 14641 | 1.24543136 GBP |
25p ordinary | CFD
| Short | 4456 | 1.2475588 GBP |
25p ordinary | CFD
| Short | 5423 | 1.24682749 GBP |
25p ordinary | CFD
| Short | 3466 | 1.247002 GBP |
25p ordinary | CFD
| Short | 800 | 1.247175 GBP |
25p ordinary | CFD
| Short | 9648 | 26.99326803 ZAR |
25p ordinary | CFD
| Short | 5441 | 26.9636 ZAR |
25p ordinary | CFD
| Short | 2721 | 27.0 ZAR |
25p ordinary | CFD
| Short | 81310 | 27.01206432 ZAR |
25p ordinary | CFD
| Short | 403 | 1.2447047146402 GBP |
25p ordinary | CFD
| Short | 383 | 1.24471018276762 GBP |
25p ordinary | CFD
| Short | 1894 | 1.246512 GBP |
25p ordinary | CFD
| Short | 7216 | 1.24824972283814 GBP |
25p ordinary | CFD
| Short | 5877 | 27.39118087 ZAR |
25p ordinary | CFD
| Short | 3531 | 1.246881 GBP |
25p ordinary | CFD
| Short | 1166 | 1.248 GBP |
25p ordinary | CFD
| Short | 40374 | 1.248206 GBP |
25p ordinary | CFD
| Short | 25320 | 1.24696248 GBP |
(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 |
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(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) |
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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
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(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: | 16 February 2023 |
| Contact name: | Richard Howard |
| Telephone number: | +44 (0)207 568 9128 |
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 [email protected]
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.
Related Shares:
CAPC.L