26th Oct 2022 10:49
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: | 25 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 | 772,908
627,399 | 1.0300 GBP
1.0290 GBP | 0.9970 GBP
0.9940 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
| 39,541 692 17,261 543 21,810 7,293 1,800 543 1,023 4,291 14,768 1,166
17,212 17,249 32,282 2,738 18,478 2,903 4,382 1,375 3,172 1,010 916 78,693 64,896 65,423 5,075
5,428 30,552 1,098 1,866 4,394
112,454 897 12,843 1,500 4,888 63,545 1,309 5,355 16,786 526 27,544 1,276 2,717 3,230 66,457 692 64,896 6,260 | 1.0122 GBP 1.0200 GBP 21.0170 ZAR 21.1000 ZAR 21.1060 ZAR 21.1247 ZAR 21.1474 ZAR 21.2800 ZAR 21.3815 ZAR 21.4770 ZAR 21.5300 ZAR 21.5668 ZAR
1.0020 GBP 1.0050 GBP 1.0055 GBP 1.0066 GBP 1.0107 GBP 1.0127 GBP 1.0140 GBP 1.0152 GBP 1.0177 GBP 1.0206 GBP 1.0229 GBP 1.0290 GBP 21.0000 ZAR 21.2043 ZAR 21.2962 ZAR
1.0059 GBP 1.0145 GBP 1.0152 GBP 21.1200 ZAR 21.2568 ZAR
1.0090 GBP 1.0095 GBP 1.0102 GBP 1.0110 GBP 1.0128 GBP 1.0140 GBP 1.0157 GBP 1.0184 GBP 1.0190 GBP 1.0203 GBP 1.0221 GBP 1.0266 GBP 1.0286 GBP 1.0288 GBP 1.0290 GBP 1.0291 GBP 21.0000 ZAR 21.2164 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: | 26 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