12th Oct 2022 10:53
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: | 11 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 | 571,605
599,438 | 1.0390 GBP
1.0350 GBP | 0.9780 GBP
0.9805 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
| 37,248 621 58,139 4,533 4,531 514 4,453 1,103 1,028 4,413 4,358
166 68 7,800 15,909 13,984 847 8,771 26,855 10,403 797 4,444 128 25,320 19,409 1 23,391 1,542 9,407
40,678 842 33,019 2,966 11,935 15,130 514 13,984
35,130 25,137 14,904 2,976 4,531 3,000 2,104 470 23,391 14,916 660 1,087 514 13,984 9,407 | 1.0056 GBP 1.0130 GBP 1.0153 GBP 19.8940 ZAR 19.9283 ZAR 19.9600 ZAR 20.2610 ZAR 20.4800 ZAR 20.5350 ZAR 20.5500 ZAR 20.5669 ZAR
0.9847 GBP 0.9852 GBP 0.9869 GBP 0.9870 GBP 0.9920 GBP 0.9927 GBP 0.9965 GBP 0.9977 GBP 1.0015 GBP 1.0042 GBP 1.0070 GBP 1.0100 GBP 1.0118 GBP 1.0128 GBP 1.0370 GBP 20.2470 ZAR 20.3397 ZAR 21.0000 ZAR
0.9869 GBP 0.9888 GBP 0.9957 GBP 0.9987 GBP 1.0066 GBP 1.0202 GBP 19.5700 ZAR 19.8500 ZAR
0.9870 GBP 0.9871 GBP 0.9903 GBP 0.9950 GBP 0.9966 GBP 1.0010 GBP 1.0097 GBP 1.0111 GBP 1.0116 GBP 1.0260 GBP 1.0340 GBP 1.0355 GBP 19.5735 ZAR 19.8503 ZAR 21.0000 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: | 12 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