11th Aug 2022 10:04
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: | 10 August 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 | 832,228
661,038 | 1.4410 GBP
1.4399 GBP | 1.4143 GBP
1.4100 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
| 8,223 157,482 7,781 491 2,923 1,418 12,564 1,208 1,061 4,881 692 1,420 890 2,931 1,140 2,884 2,906 4,337
775 502 3,134 2 12,548 4,607 660 816 311 112,630 2,566 26,127 5,864 288 491 33,705 1,061 14,270 14,270
32,512 101 858 1,944 7,806 3,240 2,488
1 14,270 4,000 1,536 13,111 45,839 15,591 12,532 8,842 46,226 6,850 8,777 90 15 858 15,579 14,270 | 1.4147 GBP 1.4292 GBP 28.0989 ZAR 28.1149 ZAR 28.2200 ZAR 28.2269 ZAR 28.2381 ZAR 28.2691 ZAR 28.3000 ZAR 28.3372 ZAR 28.3497 ZAR 28.3900 ZAR 28.4300 ZAR 28.4400 ZAR 28.4771 ZAR 28.4900 ZAR 28.5000 ZAR 28.6297 ZAR
1.4140 GBP 1.4150 GBP 1.4169 GBP 1.4180 GBP 1.4206 GBP 1.4228 GBP 1.4273 GBP 1.4279 GBP 1.4285 GBP 1.4290 GBP 1.4294 GBP 1.4316 GBP 1.4348 GBP 1.4399 GBP 28.1149 ZAR 28.2923 ZAR 28.2963 ZAR 28.3812 ZAR 28.9900 ZAR
1.4246 GBP 28.2600 ZAR 28.2700 ZAR 28.3114 ZAR 28.3973 ZAR 28.5043 ZAR 28.6400 ZAR
1.4200 GBP 1.4220 GBP 1.4270 GBP 1.4272 GBP 1.4274 GBP 1.4276 GBP 1.4278 GBP 1.4283 GBP 1.4287 GBP 1.4290 GBP 1.4305 GBP 1.4314 GBP 1.4370 GBP 1.4390 GBP 28.2700 ZAR 28.4470 ZAR 28.9900 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 August 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