14th Nov 2022 09:55
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: | 11 November 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 | 1,959,063
1,013,867 | 1.1720 GBP
1.1700 GBP | 1.1290 GBP
1.1289 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
| 971,592 5,956 84 3,840 1,262
72,322 76,300 424 2,025 8,836 961 26,958 1 4,443 3,780 322 8,774 282 669 32,125 14,094 18,633 408 1,698 13,594 5,612 1,072 562 3,672 5,102
856 31,219 43,844 2,506 4,065 148 2,252 3,830 2,252 563 202 2,236
19,200 3,638 4,433 358 1,167 130,825 5,102 5,506 7,747 7,586 70,620 18,721 1,547 52,472 7,429 11,319 300 1,522 4,157 3,672 9,280 8,774 | 1.1360 GBP 1.1431 GBP 1.1588 GBP 23.2141 ZAR 23.3329 ZAR
1.1289 GBP 1.1290 GBP 1.1329 GBP 1.1340 GBP 1.1359 GBP 1.1370 GBP 1.1462 GBP 1.1510 GBP 1.1512 GBP 1.1518 GBP 1.1537 GBP 1.1556 GBP 1.1590 GBP 1.1593 GBP 1.1607 GBP 1.1622 GBP 1.1624 GBP 1.1628 GBP 1.1648 GBP 1.1651 GBP 1.1652 GBP 1.1699 GBP 1.1720 GBP 22.9000 ZAR 23.2431 ZAR
1.1288 GBP 1.1504 GBP 1.1617 GBP 23.1800 ZAR 23.2530 ZAR 23.2700 ZAR 23.2975 ZAR 23.3562 ZAR 23.4475 ZAR 23.5400 ZAR 23.7200 ZAR 23.7574 ZAR
1.1290 GBP 1.1326 GBP 1.1330 GBP 1.1341 GBP 1.1366 GBP 1.1367 GBP 1.1478 GBP 1.1502 GBP 1.1513 GBP 1.1514 GBP 1.1521 GBP 1.1534 GBP 1.1550 GBP 1.1559 GBP 1.1561 GBP 1.1587 GBP 1.1600 GBP 1.1655 GBP 1.1690 GBP 22.9000 ZAR 23.3329 ZAR 23.4168 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: | 14 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:
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