11th Nov 2022 15:53
AMENDMENT
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: | J.P. Morgan Securities Plc |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Capital & Counties Properties plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Corporate Broker to Shaftesbury plc |
(d) Date dealing undertaken: | 31 October 2022 |
(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, Shaftesbury plc |
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 | Purchase
Sale Sale | 1,686,390
125,000 1,948,588 | 1.0780 GBP
22.4704 ZAR 1.0730 GBP | 1.0520 GBP
21.8717 ZAR 1.0470 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 | Equity Swap | Decrease Long
Decrease Short
Increase Long
Increase Short
| 1 180 449 430 584 518
1 731 30,654 124,940 1,616 8,047 66,918 57,934 37,500 1,843 5,422 8,198 7,916 282,052 1,299 87,500 45,547 1,981 37,500 3,956 4,091
2,507
806 270 290 8,666 1,725 13,150 3,134 11,549 10,057 21,594 7,155 229,231 200 45,547 37,500 8,047 | 1.0680 GBP 1.0704 GBP 22.2800 ZAR 22.4600 ZAR 22.5300 ZAR 22.5500 ZAR
1.0610 GBP 1.0650 GBP 1.0654 GBP 1.0674 GBP 1.0679 GBP 1.0680 GBP 1.0686 GBP 1.0688 GBP 1.0690 GBP 1.0694 GBP 1.0701 GBP 1.0704 GBP 1.0709 GBP 1.0710 GBP 1.0730 GBP 21.8717 ZAR 22.2800 ZAR 22.4593 ZAR 22.4704 ZAR 22.5500 ZAR 22.5662 ZAR
1.0670 GBP
1.0520 GBP 1.0561 GBP 1.0562 GBP 1.0632 GBP 1.0640 GBP 1.0649 GBP 1.0670 GBP 1.0681 GBP 1.0682 GBP 1.0686 GBP 1.0700 GBP 1.0710 GBP 1.0721 GBP 22.2800 ZAR 22.4704 ZAR 22.5586 ZAR |
(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
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| Date of disclosure: | 11 November 2022 |
| Contact name: | Alwyn Basch |
| Telephone number: | 020 7742 7407 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
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