3rd Nov 2022 10:34
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: | 2 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 | 600,911
872,008 | 1.1040 GBP
1.1040 GBP | 1.0740 GBP
1.0700 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
| 821 1 4,651
975 932 411 325 94 13,921 22,049 1 8 3,035 4,270 68 5,423 30 61 6,437 11 1,500 20,519 50 1,071 7,183 3,261 13,035 28,269 4,000 27,952 18,046
63,357 137,512
19,881 14,948 9,477 2,135 4,003 4,265 4,167 2,069 27,952 22,046 18,046
9,230 4,017 10,101 4,779 4,020
1,480 4,000 10,101 | 1.0810 GBP 1.0880 GBP 1.0912 GBP
1.0730 GBP 1.0742 GBP 1.0745 GBP 1.0785 GBP 1.0814 GBP 1.0850 GBP 1.0869 GBP 1.0880 GBP 1.0884 GBP 1.0892 GBP 1.0894 GBP 1.0911 GBP 1.0913 GBP 1.0915 GBP 1.0917 GBP 1.0918 GBP 1.0919 GBP 1.0920 GBP 1.0922 GBP 1.0929 GBP 1.0958 GBP 1.0969 GBP 1.1035 GBP 1.1039 GBP 1.1040 GBP 22.6367 ZAR 22.6438 ZAR 22.8900 ZAR
1.0801 GBP 1.0848 GBP
1.0824 GBP 1.0846 GBP 1.0849 GBP 1.0861 GBP 1.0870 GBP 1.0883 GBP 1.0910 GBP 1.1040 GBP 22.6438 ZAR 22.6795 ZAR 22.8900 ZAR
22.6049 ZAR 22.6500 ZAR 22.6977 ZAR 22.7500 ZAR 22.7948 ZAR
1.1000 GBP 22.6370 ZAR 22.6977 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: | 3 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