27th Oct 2022 11:35
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 October 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 | 2,786,123
541,274 | 1.0640 GBP
1.0629 GBP | 1.0210 GBP
1.0260 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 | 1,959,346 21,926 200,230 560 1,057 1,616 50 724 6,143 2,998
110,462 1,457 1 1,037 1,728 7,140 55,998 9,834 1 12,628 2,264 4,162 17,451 33 12,985 391 356 80 8,143 277 382 331 348 273 393 196,931 196,931 8,702 13,148
12,187 3,992
3,000 1,728 372 12,630 988 9,773 69,844 196,931 1,195 196,931 12,879 8,457 8,472 15,617 101 367 21,636 8,702 79,131 50,271
744
744 | 1.0240 GBP 1.0523 GBP 1.0582 GBP 21.7000 ZAR 21.8400 ZAR 21.9015 ZAR 22.0200 ZAR 22.0726 ZAR 22.1608 ZAR 22.5800 ZAR
1.0403 GBP 1.0449 GBP 1.0450 GBP 1.0462 GBP 1.0465 GBP 1.0477 GBP 1.0490 GBP 1.0494 GBP 1.0499 GBP 1.0500 GBP 1.0513 GBP 1.0534 GBP 1.0543 GBP 1.0545 GBP 1.0558 GBP 1.0559 GBP 1.0560 GBP 1.0565 GBP 1.0569 GBP 1.0570 GBP 1.0579 GBP 1.0590 GBP 1.0599 GBP 1.0608 GBP 1.0629 GBP 21.5300 ZAR 22.0220 ZAR 22.0308 ZAR 22.1697 ZAR
1.0417 GBP 1.0481 GBP
1.0285 GBP 1.0295 GBP 1.0326 GBP 1.0413 GBP 1.0420 GBP 1.0446 GBP 1.0490 GBP 1.0544 GBP 1.0570 GBP 21.5300 ZAR 21.5856 ZAR 21.7606 ZAR 21.7625 ZAR 21.7703 ZAR 21.8300 ZAR 21.8800 ZAR 21.9445 ZAR 22.0308 ZAR 22.1262 ZAR 22.1717 ZAR
21.9455 ZAR
21.9455 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: | 27 October 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