13th Oct 2022 10:59
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: | 12 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 | 1,039,645
927,167 | 0.9749 GBP
0.9751 GBP | 0.9475 GBP
0.9380 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
| 42,512 3,076 26 9,566 9,406 4,721 4,322 19 4,677 19 5,294 4,648
149 1,727 15,282 534 127,937 42,672 42,644
12,217 31,281 1,028 514 3,084 1,028 1,542 1,504 514 468 28
4,976 2,400 5,311 2,048 10,500 101 42,644 7,339 6,986 27,754 3,653 56,065 22,958 16,777 67,369 33,878 1 9,682 28 42,644 | 0.9533 GBP 0.9602 GBP 0.9645 GBP 18.7854 ZAR 19.0287 ZAR 19.2955 ZAR 19.3300 ZAR 19.3400 ZAR 19.3950 ZAR 19.4100 ZAR 19.4448 ZAR 19.4541 ZAR
0.9540 GBP 0.9565 GBP 0.9574 GBP 0.9644 GBP 0.9645 GBP 19.1723 ZAR 19.7700 ZAR
0.9523 GBP 0.9571 GBP 18.9700 ZAR 19.1500 ZAR 19.2650 ZAR 19.2750 ZAR 19.3167 ZAR 19.3262 ZAR 19.3600 ZAR 19.3800 ZAR 19.5000 ZAR
0.9493 GBP 0.9505 GBP 0.9526 GBP 0.9536 GBP 0.9560 GBP 0.9561 GBP 0.9568 GBP 0.9570 GBP 0.9571 GBP 0.9572 GBP 0.9577 GBP 0.9602 GBP 0.9604 GBP 0.9606 GBP 0.9645 GBP 0.9646 GBP 0.9730 GBP 19.2604 ZAR 19.5003 ZAR 19.7700 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: | 13 October 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