16th Jun 2022 10:25
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: | 15 June 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 | 500,969
783,857 | 1.5260 GBP
1.5244 GBP | 1.4970 GBP
1.4980 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
| 2,736 305 208 395 225
548 571 12,765 100,866 4,000 1,900 12,504 80,286 266 5,158 20,781 6,243 4,517 1,754 22,203
2,646 2,736 446 2,717
34,929 6,657 975 2,140 4,026 266 8,600 3,043 1,865 51,849 1,159 22,203
5,691 157,482 2,030 3,869
3,661 2,030 5,899 | 29.1000 ZAR 29.1300 ZAR 29.1600 ZAR 29.3556 ZAR 29.3600 ZAR
1.4980 GBP 1.4990 GBP 1.5048 GBP 1.5057 GBP 1.5065 GBP 1.5068 GBP 1.5072 GBP 1.5073 GBP 1.5075 GBP 1.5100 GBP 1.5138 GBP 1.5169 GBP 1.5170 GBP 1.5184 GBP 29.1488 ZAR
1.5090 GBP 28.9805 ZAR 29.1700 ZAR 29.4921 ZAR
1.5021 GBP 1.5058 GBP 1.5066 GBP 1.5071 GBP 1.5074 GBP 1.5075 GBP 1.5110 GBP 1.5146 GBP 1.5160 GBP 1.5170 GBP 1.5250 GBP 29.1488 ZAR
1.5109 GBP 1.5168 GBP 28.7000 ZAR 29.1464 ZAR
1.5061 GBP 28.7000 ZAR 29.2309 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: | 16 June 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