26th Aug 2022 11:15
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: | 25 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 | 988,284
785,333 | 1.2620 GBP
1.2670 GBP | 1.2350 GBP
1.2350 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
Opening a Long Position
Opening a Short Position
| 10,107 92,808 13,089 56,470 32,236 12,671 9,741 13,208
25,802 21,887 1,500 10,008 5,962 18,646 961 40,701 1,832 31,964 5,496 4,526 481 24,580 4,845 5,762 2,247 1,076 7,083 1,019 8,081 13,089 217,500 9,741 217,500
3,239
8,366 7,684 8,298 5,986 8,980 5,962 15,956 17,436 1 8,575 42,993 2,591 218,471 3,208 76,795 2 3,239 217,500
1,167 2,841 8,840 3,644 7,129
299 2,318 16,492 1,167 2,071 1,573 | 24.8435 ZAR 24.8778 ZAR 24.8800 ZAR 24.8864 ZAR 24.8944 ZAR 24.9039 ZAR 24.9653 ZAR 25.0643 ZAR
1.2350 GBP 1.2359 GBP 1.2440 GBP 1.2460 GBP 1.2470 GBP 1.2476 GBP 1.2480 GBP 1.2481 GBP 1.2484 GBP 1.2486 GBP 1.2488 GBP 1.2493 GBP 1.2495 GBP 1.2497 GBP 1.2502 GBP 1.2506 GBP 1.2510 GBP 1.2520 GBP 1.2521 GBP 1.2529 GBP 1.2533 GBP 24.8768 ZAR 24.8934 ZAR 24.9653 ZAR 25.2500 ZAR
24.8871 ZAR
1.2351 GBP 1.2367 GBP 1.2436 GBP 1.2445 GBP 1.2452 GBP 1.2470 GBP 1.2479 GBP 1.2484 GBP 1.2490 GBP 1.2494 GBP 1.2495 GBP 1.2505 GBP 1.2514 GBP 1.2520 GBP 1.2522 GBP 1.2620 GBP 24.8871 ZAR 25.2500 ZAR
24.8690 ZAR 24.8692 ZAR 24.8800 ZAR 24.9427 ZAR 24.9637 ZAR
1.2400 GBP 24.8642 ZAR 24.8915 ZAR 24.9000 ZAR 25.0198 ZAR 25.0847 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: | 26 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:
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