2nd Mar 2023 10:58
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: | 1 March 2023 |
(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 | 1,390,708
1,618,715 | 1.2447 GBP
1.2575 GBP | 1.2040 GBP
1.2070 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
| 28 396 73,804 1 22,202 11,056 3,747 620 3,380 1,241 11,382 3,236 1,242 10,924 2,481 796 2,205 6,700 4 33,417 62,790
1,692 26,129 171,810 21,854 80,270 60,015 1,623 21,872 712 10,875 3,134 4,907 843 1,523 32,072 24,294 7,793
306 11,023 14,346 1 77,525 1,218 4,194 4,904 620 2,762 1,415 73,714 3,348 620 62,790
10,969 3,253 14,676 6,606 3,877 1,778 18,780 3,307 22,398 2,178 18,280 11,523 17,361 8,157 | 1.2226 GBP 1.2290 GBP 1.2366 GBP 1.2375 GBP 1.2409 GBP 26.2054 ZAR 26.2464 ZAR 26.3200 ZAR 26.3345 ZAR 26.3900 ZAR 26.3969 ZAR 26.4184 ZAR 26.4250 ZAR 26.4857 ZAR 26.4925 ZAR 26.5101 ZAR 26.5670 ZAR 26.7028 ZAR 26.7600 ZAR 27.1621 ZAR 28.0900 ZAR
1.2140 GBP 1.2189 GBP 1.2195 GBP 1.2211 GBP 1.2220 GBP 1.2223 GBP 1.2237 GBP 1.2241 GBP 1.2260 GBP 1.2262 GBP 1.2265 GBP 1.2273 GBP 1.2280 GBP 1.2299 GBP 1.2303 GBP 1.2407 GBP 26.4681 ZAR
1.2235 GBP 1.2256 GBP 1.2286 GBP 1.2400 GBP 1.2454 GBP 26.2211 ZAR 26.2379 ZAR 26.3913 ZAR 26.4300 ZAR 26.5422 ZAR 26.5461 ZAR 26.7341 ZAR 26.7585 ZAR 26.9400 ZAR 28.0900 ZAR
1.2165 GBP 1.2172 GBP 1.2219 GBP 1.2222 GBP 1.2240 GBP 1.2243 GBP 1.2250 GBP 1.2260 GBP 1.2261 GBP 1.2280 GBP 1.2281 GBP 1.2314 GBP 1.2363 GBP 26.4392 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 |
|
|
|
|
|
(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) |
|
|
|
|
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
|
(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
|
| Date of disclosure: | 2 March 2023 |
| Contact name: | Natasha Mondon |
| Telephone number: | 01202 325175 |
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