2nd Mar 2023 11:10
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: | UBS Investment Bank, London |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Capital And Counties Properties plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Capital And Counties Properties plc |
(d) Date dealing undertaken: | 01 March 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" | NO |
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 | Buy
| 1199413 | 1.27438 GBP | 1.20082 GBP |
25p ordinary | Sell
| 1126697 | 1.26289 GBP | 1.19761 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 | CFD
| Long | 1 | 1.2375 GBP |
25p ordinary | CFD
| Long | 5815 | 1.22455778159931 GBP |
25p ordinary | CFD
| Long | 505 | 1.242871 GBP |
25p ordinary | CFD
| Long | 4108 | 1.222 GBP |
25p ordinary | CFD
| Long | 46708 | 26.56595401 ZAR |
25p ordinary | CFD
| Long | 20497 | 1.21667746 GBP |
25p ordinary | CFD
| Long | 64670 | 1.211439 GBP |
25p ordinary | CFD
| Long | 4428 | 26.25522132 ZAR |
25p ordinary | CFD
| Long | 71114 | 1.22184732 GBP |
25p ordinary | CFD
| Long | 5980 | 1.22434506688963 GBP |
25p ordinary | CFD
| Long | 261176 | 1.22196372 GBP |
25p ordinary | CFD
| Long | 201563 | 1.218668 GBP |
25p ordinary | CFD
| Long | 13324 | 1.221482 GBP |
25p ordinary | CFD
| Long | 21724 | 1.21652366046769 GBP |
25p ordinary | CFD
| Long | 1107 | 1.21890966576332 GBP |
25p ordinary | CFD
| Long | 9355 | 1.224712987814 GBP |
25p ordinary | CFD
| Long | 493 | 1.22432352941176 GBP |
25p ordinary | CFD
| Long | 1039 | 1.21891337824832 GBP |
25p ordinary | CFD
| Long | 80474 | 26.97513657 ZAR |
25p ordinary | CFD
| Short | 79 | 1.238124 GBP |
25p ordinary | CFD
| Short | 29 | 1.231123 GBP |
25p ordinary | CFD
| Short | 46708 | 26.56595401 ZAR |
25p ordinary | CFD
| Short | 49724 | 1.22860107795029 GBP |
25p ordinary | CFD
| Short | 5967 | 1.22535 GBP |
25p ordinary | CFD
| Short | 80474 | 26.97513657 ZAR |
25p ordinary | CFD
| Short | 29407 | 1.223314 GBP |
25p ordinary | CFD
| Short | 1 | 1.24 GBP |
25p ordinary | CFD
| Short | 8 | 1.224 GBP |
25p ordinary | CFD
| Short | 27479 | 1.222018 GBP |
25p ordinary | CFD
| Short | 727 | 1.222022 GBP |
25p ordinary | CFD
| Short | 81817 | 1.222 GBP |
25p ordinary | CFD
| Short | 19567 | 1.219919 GBP |
25p ordinary | CFD
| Short | 56713 | 1.223369 GBP |
25p ordinary | CFD
| Short | 4428 | 26.25522132 ZAR |
25p ordinary | CFD
| Short | 33766 | 1.225201 GBP |
25p ordinary | CFD
| Short | 134821 | 1.22252457 GBP |
25p ordinary | CFD
| Short | 83583 | 1.22254609 GBP |
25p ordinary | CFD
| Short | 53400 | 1.2245125 GBP |
25p ordinary | CFD
| Short | 51709 | 1.229863 GBP |
25p ordinary | CFD
| Short | 38959 | 1.22344336 GBP |
25p ordinary | CFD
| Short | 29075 | 1.22362 GBP |
25p ordinary | CFD
| Short | 16354 | 1.220869 GBP |
25p ordinary | CFD
| Short | 1278 | 1.2291229 GBP |
25p ordinary | CFD
| Short | 841 | 1.222152 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 |
| Date of disclosure: | 02 March 2023 |
| Contact name: | Richard Howard |
| Telephone number: | +44 (0)207 568 9128 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]
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