27th Jan 2023 10:37
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: | 26 January 2023 |
(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 | 946,835
1,250,127 | 1.1460 GBP
1.1490 GBP | 1.1150 GBP
1.1170 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
| 16,774 42 32,589 1,578 2,487 1 32,589 390 84 102 18
2,336 119 281 6,714 78,547 159 383 5,215 186 492 268 495 89 5,191 6,980 9,262 20,299 297 433 1,623 1,112 1,833 288 700 333 1,089 1 2 4,702
32,589 87,621 349,819 32,589 5,067 7,185 3,551 6,125 10,661
274 7,711 1,113 48,592 6,524 3,715 7,337 8,575 2,236 3 12,034 5,877 1 10,778 | 1.1344 GBP 23.6100 ZAR 23.6800 ZAR 23.9000 ZAR 24.0389 ZAR 24.0500 ZAR 24.1034 ZAR 24.1300 ZAR 24.1700 ZAR 24.2000 ZAR 24.2211 ZAR
1.1206 GBP 1.1229 GBP 1.1232 GBP 1.1259 GBP 1.1260 GBP 1.1264 GBP 1.1265 GBP 1.1294 GBP 1.1308 GBP 1.1317 GBP 1.1339 GBP 1.1346 GBP 1.1347 GBP 1.1350 GBP 1.1356 GBP 1.1357 GBP 1.1359 GBP 1.1364 GBP 1.1369 GBP 1.1374 GBP 1.1376 GBP 1.1380 GBP 1.1381 GBP 1.1383 GBP 1.1389 GBP 1.1390 GBP 1.1410 GBP 1.1450 GBP 23.9982 ZAR
1.1368 GBP 1.1382 GBP 1.1397 GBP 23.6800 ZAR 23.9265 ZAR 23.9648 ZAR 24.1500 ZAR 24.1976 ZAR 24.2100 ZAR
1.1231 GBP 1.1245 GBP 1.1250 GBP 1.1260 GBP 1.1329 GBP 1.1356 GBP 1.1360 GBP 1.1378 GBP 1.1385 GBP 1.1387 GBP 1.1396 GBP 1.1409 GBP 1.1410 GBP 1.1429 GBP |
(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: | 27 January 2023 |
| Contact name: | Natasha Mondon |
| Telephone number: | 01202 325175 |
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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