7th Nov 2022 09:34
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: | 4 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 | 390,950
470,098 | 1.0960 GBP
1.0943 GBP | 1.0715 GBP
1.0660 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
| 1,880 5,534 2 4 2,984 1,115
289 12,356 6,256 5,594 2,013 2,516 1 4,646 7,029 6,158 12,714 5,290 54 48 953 831 1,307 188 11,895 11,725 10,628 9,694 4,099 8,257
8,352 8,390 1,351 4,099 284 4,090 4,167
4,099 2,198 1,084 2,804 1,500 1,325 23,789 284 12,356 8,257 | 1.0670 GBP 1.0730 GBP 1.0750 GBP 1.0960 GBP 21.6900 ZAR 21.8100 ZAR
1.0570 GBP 1.0727 GBP 1.0732 GBP 1.0735 GBP 1.0740 GBP 1.0749 GBP 1.0750 GBP 1.0758 GBP 1.0766 GBP 1.0787 GBP 1.0803 GBP 1.0804 GBP 1.0809 GBP 1.0833 GBP 1.0836 GBP 1.0843 GBP 1.0846 GBP 1.0851 GBP 1.0866 GBP 1.0874 GBP 1.0910 GBP 1.0930 GBP 21.7223 ZAR 22.1000 ZAR
1.0723 GBP 1.0728 GBP 1.0840 GBP 21.8472 ZAR 21.8600 ZAR 21.9482 ZAR 21.9500 ZAR
1.0680 GBP 1.0711 GBP 1.0750 GBP 1.0760 GBP 1.0780 GBP 1.0910 GBP 1.0930 GBP 21.8639 ZAR 21.9156 ZAR 22.1000 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: | 7 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