25th Aug 2022 11:00
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: | 24 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 | 664,397
461,432 | 1.2710 GBP
1.2710 GBP | 1.2570 GBP
1.2590 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
| 3,346 4,313 13,262 8,638 11,949 2,087
181 3,448 45,798 216 1,346 4,900 589 19,355 1 6,414 276 1,791 1,372 424 22,276 6,558 28,399 8,638 7,188 28,174
225
38,190 266 181,702 24 3,543 2,236 1,322 454 1,346 3,781 4,204 1,140 28,174 9,617 24,174 7,188 225 28,174
901 6,287
1,856 528 901 3,903 | 25.1185 ZAR 25.1594 ZAR 25.2500 ZAR 25.2578 ZAR 25.3168 ZAR 25.3394 ZAR
1.2590 GBP 1.2621 GBP 1.2638 GBP 1.2640 GBP 1.2645 GBP 1.2650 GBP 1.2651 GBP 1.2658 GBP 1.2660 GBP 1.2674 GBP 1.2679 GBP 1.2680 GBP 1.2685 GBP 1.2686 GBP 1.2695 GBP 25.2467 ZAR 25.2550 ZAR 25.2578 ZAR 25.3349 ZAR 25.5100 ZAR
25.3800 ZAR
1.2590 GBP 1.2591 GBP 1.2598 GBP 1.2603 GBP 1.2605 GBP 1.2610 GBP 1.2636 GBP 1.2640 GBP 1.2645 GBP 1.2654 GBP 1.2656 GBP 1.2660 GBP 1.2662 GBP 1.2683 GBP 1.2710 GBP 25.3459 ZAR 25.3804 ZAR 25.5100 ZAR
25.2600 ZAR 25.3579 ZAR
25.2231 ZAR 25.3200 ZAR 25.3607 ZAR 25.3846 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: | 25 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