15th Feb 2023 10:16
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 February 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 | 439,111
707,770 | 1.2590 GBP
1.2579 GBP | 1.2350 GBP
1.2360 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
| 8,221 63,768 6,362 3,278 14,583 4,943
21,467 5,568 17,458 34,547 57,800 2,782 1 20,172 1,275 4,378 19,565 1,293 2,353 2,852 4,078 3,325
7,085 3,127 132,597 1,384 86,162 5,281 14 14,583 6,362 8,221 7,957 6,626
43,182 2,880 1,504 1,831 9,818 682
493 354 423
26,691 18,409 847 423 | 1.2550 GBP 1.2560 GBP 26.5400 ZAR 27.1445 ZAR 27.2372 ZAR 27.2400 ZAR
1.2479 GBP 1.2503 GBP 1.2520 GBP 1.2523 GBP 1.2529 GBP 1.2530 GBP 1.2540 GBP 1.2541 GBP 1.2543 GBP 1.2545 GBP 1.2547 GBP 1.2550 GBP 1.2554 GBP 1.2558 GBP 1.2561 GBP 1.2579 GBP
1.2479 GBP 1.2481 GBP 1.2491 GBP 1.2507 GBP 1.2515 GBP 1.2520 GBP 1.2527 GBP 1.2533 GBP 26.5400 ZAR 27.2015 ZAR 27.2334 ZAR 27.2409 ZAR
1.2480 GBP 1.2500 GBP 1.2511 GBP 1.2519 GBP 1.2523 GBP 1.2530 GBP
26.7200 ZAR 27.0900 ZAR 27.2751 ZAR
1.2481 GBP 1.2497 GBP 26.8795 ZAR 27.2800 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 February 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