15th Nov 2022 09:45
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: | 14 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 | 1,938,927
1,532,224 | 1.1340 GBP
1.1290 GBP | 1.1030 GBP
1.1030 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 | 75 11,796 9 156 8,768 4,808 3,805 1,562 1 3,800
316 7,732 3,898 12,545 18,054 61 546 6,610 84,201 665 7,854 384 5,614 7,886 2,366 528 2,377 1,480 13,976 543 13,976
1,412 949 5,345 395 562 4,080 558 558 558 605 558
31,569 12,642 35,157 39,136 25,071 38,422 2,538 18,263 35,359 13,197 6,076 1,960 77,490 113,091 26,430 36,498 13,975 9,606 10 773 543 7,874 13,976
543
543 | 1.1120 GBP 1.1130 GBP 1.1155 GBP 1.1160 GBP 1.1177 GBP 22.5297 ZAR 22.7364 ZAR 22.7500 ZAR 22.8000 ZAR 22.9399 ZAR
1.1069 GBP 1.1070 GBP 1.1077 GBP 1.1119 GBP 1.1138 GBP 1.1139 GBP 1.1148 GBP 1.1152 GBP 1.1159 GBP 1.1161 GBP 1.1162 GBP 1.1166 GBP 1.1168 GBP 1.1187 GBP 1.1189 GBP 1.1240 GBP 1.1249 GBP 1.1290 GBP 22.7218 ZAR 22.7776 ZAR 23.2100 ZAR
1.1068 GBP 1.1132 GBP 1.1164 GBP 22.6500 ZAR 22.7401 ZAR 22.7891 ZAR 22.7900 ZAR 22.8200 ZAR 22.8300 ZAR 22.9005 ZAR 22.9300 ZAR
1.1070 GBP 1.1071 GBP 1.1074 GBP 1.1075 GBP 1.1090 GBP 1.1093 GBP 1.1095 GBP 1.1110 GBP 1.1111 GBP 1.1129 GBP 1.1141 GBP 1.1143 GBP 1.1150 GBP 1.1159 GBP 1.1163 GBP 1.1167 GBP 1.1185 GBP 1.1195 GBP 1.1200 GBP 1.1210 GBP 22.7571 ZAR 22.8064 ZAR 23.2100 ZAR
22.7571 ZAR
22.7776 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: | 15 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