24th Aug 2022 11:02
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: | 23 August 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 | 1,606,689
657,838 | 1.3010 GBP
1.2980 GBP | 1.2611 GBP
1.2610 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
| 847 10,015 174,629 166,266 54,205 32,575 67,739
1,535 31 84 165 21 8,494 6,440 289 11,340 1,757 5,996 16,952 5 505,429 501,997
5,379 3,432
442 140 1,026 3,500 820 125,799 16,497 1,262 26,881 32,966 10,975 7,230 1,570 501,996 295,860 1,625 5,379 3,432 501,997
47,022 595 301 6,171 7,954 22,847 3,623 4,203
91,339 896 7,992 22,847 7,954 6,005 | 1.2660 GBP 25.6250 ZAR 25.8956 ZAR 25.9276 ZAR 25.9504 ZAR 25.9743 ZAR 26.0180 ZAR
1.2660 GBP 1.2716 GBP 1.2832 GBP 1.2839 GBP 1.2840 GBP 1.2874 GBP 1.2880 GBP 1.2889 GBP 1.2902 GBP 1.2910 GBP 1.2914 GBP 1.2919 GBP 1.2980 GBP 25.9277 ZAR 26.1000 ZAR
25.8429 ZAR 25.9671 ZAR
1.2611 GBP 1.2621 GBP 1.2630 GBP 1.2631 GBP 1.2633 GBP 1.2660 GBP 1.2661 GBP 1.2700 GBP 1.2793 GBP 1.2822 GBP 1.2829 GBP 1.2859 GBP 1.2890 GBP 1.2900 GBP 1.2907 GBP 1.2910 GBP 25.8429 ZAR 25.9675 ZAR 26.1000 ZAR
1.2850 GBP 25.6116 ZAR 25.8100 ZAR 25.8581 ZAR 25.8763 ZAR 25.9377 ZAR 26.0179 ZAR 26.0700 ZAR
1.2876 GBP 25.6300 ZAR 25.9069 ZAR 25.9220 ZAR 25.9306 ZAR 26.0351 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: | 24 August 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:
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