16th Nov 2022 10:06
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: | 15 November 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 | 444,114
496,979 | 1.1350 GBP
1.1350 GBP | 1.0930 GBP
1.0930 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
| 58,955 309 4,214 4,561 3,300 3,839 3,799 3,389
103 2,708 4,497 3,055 9,565 17,876 6,570 749 4,163 16,518 631 18,833 1,541 3,837 31,514 7,687 16,987 602 16 13,933 122 241 8,738 11,027 7,190
3,572 2,923 545 3,837 1,688
28,862 19,756 3,001 38 2,778 4,397 8,828 481 35,079 11,027 3,837 7,190 2,233 | 1.0992 GBP 1.1018 GBP 1.1033 GBP 1.1110 GBP 1.1170 GBP 22.3535 ZAR 22.9000 ZAR 23.0300 ZAR
1.0962 GBP 1.0972 GBP 1.0973 GBP 1.0982 GBP 1.0989 GBP 1.0990 GBP 1.1025 GBP 1.1031 GBP 1.1039 GBP 1.1040 GBP 1.1045 GBP 1.1047 GBP 1.1049 GBP 1.1050 GBP 1.1064 GBP 1.1072 GBP 1.1073 GBP 1.1080 GBP 1.1089 GBP 1.1097 GBP 1.1110 GBP 1.1114 GBP 1.1117 GBP 22.7494 ZAR 22.8000 ZAR
1.1029 GBP 1.1110 GBP 22.7600 ZAR 22.7844 ZAR 23.0300 ZAR
1.0990 GBP 1.0991 GBP 1.1000 GBP 1.1001 GBP 1.1039 GBP 1.1040 GBP 1.1042 GBP 1.1064 GBP 1.1069 GBP 1.1076 GBP 22.7848 ZAR 22.8000 ZAR 22.9682 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: | 16 November 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