7th Feb 2023 10:43
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: | 6 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" | 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 | 811,465
2,133,346 | 1.2370 GBP
1.2330 GBP | 1.2140 GBP
1.2140 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
| 138 2,248 65,037 65,037 932 100 1,124 51 11
17,268 17,724 1,404 12,738 3,859 298 2,523 28,350 8,968 11,074 4,090 21,208 124 503 2,663 895 62,381 19,859 11,963 4,466
245,352 65,175 973,051 4,437 194 61,327 65,037 357 3,353
908 2,653 828 12,878 2,047 66,537 | 1.2190 GBP 25.7425 ZAR 25.7612 ZAR 25.7800 ZAR 25.7834 ZAR 25.8105 ZAR 25.8400 ZAR 25.8447 ZAR 25.8600 ZAR
1.2171 GBP 1.2172 GBP 1.2179 GBP 1.2183 GBP 1.2187 GBP 1.2190 GBP 1.2194 GBP 1.2196 GBP 1.2197 GBP 1.2199 GBP 1.2201 GBP 1.2212 GBP 1.2214 GBP 1.2220 GBP 1.2245 GBP 1.2269 GBP 1.2319 GBP 1.2320 GBP 1.2325 GBP 25.7739 ZAR
1.2169 GBP 1.2170 GBP 1.2173 GBP 1.2224 GBP 1.2240 GBP 25.7549 ZAR 25.7800 ZAR 25.7900 ZAR 25.8652 ZAR
1.2170 GBP 1.2181 GBP 1.2200 GBP 1.2207 GBP 1.2217 GBP 1.2320 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 |
|
|
|
|
|
(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) |
|
|
|
|
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
|
(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: | 7 February 2023 |
| Contact name: | Natasha Mondon |
| Telephone number: | 01202 325175 |
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