23rd Aug 2022 10:55
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: | 22 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 | 1,859,019
4,931,184 | 1.3160 GBP
1.3450 GBP | 1.2900 GBP
1.2900 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
| 1,037 136,217 30,528 96,839 12,969 2,244 17,974 4,379 979 104,607 37,357 4,314 1,366 21,387 5,307
289 3,766 16,521 3,996 111 75,345 31,384 6,268 34 5,320 93 10,953 3,361,708 325,975 12,909 1,366 325,975
915 15,797 5,446 5,612 1,310 680 725
6,528 2,831 60 1,906 1,685 2,665 111 331,384 34 93 1,357 689 1 5,446 8,327 325,975 | 1.2900 GBP 1.3018 GBP 26.1000 ZAR 26.1910 ZAR 26.2146 ZAR 26.2195 ZAR 26.2433 ZAR 26.2562 ZAR 26.2600 ZAR 26.2698 ZAR 26.2955 ZAR 26.3171 ZAR 26.3475 ZAR 26.3504 ZAR 26.3911 ZAR
1.2900 GBP 1.2933 GBP 1.2984 GBP 1.3000 GBP 1.3010 GBP 1.3016 GBP 1.3021 GBP 1.3034 GBP 1.3035 GBP 1.3036 GBP 1.3040 GBP 1.3044 GBP 1.3450 GBP 26.2353 ZAR 26.3053 ZAR 26.3475 ZAR 26.4900 ZAR
1.2900 GBP 1.3051 GBP 26.2258 ZAR 26.2751 ZAR 26.2803 ZAR 26.3000 ZAR 26.9100 ZAR
1.2900 GBP 1.2901 GBP 1.2951 GBP 1.2980 GBP 1.2990 GBP 1.3005 GBP 1.3010 GBP 1.3034 GBP 1.3035 GBP 1.3040 GBP 1.3048 GBP 1.3070 GBP 1.3120 GBP 26.2258 ZAR 26.3335 ZAR 26.4900 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: | 23 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