30th Sep 2022 10:37
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: | 29 September 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 | 1,124,621
1,175,060 | 1.0560 GBP
1.0525 GBP | 1.0160 GBP
1.0169 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
| 1,428 81,405 38,661 964 440 762 1,095 1,894 964 964
86,973 2,042 2,236 737 5,714 21,424 3,189 2,547 10,285 2,675 3,317 96,477 24,920 1,390 11,547 5,271 13,663 1 24,920 1,095 5,988
24,725 6,384 4,495 4,513 1,074 6,683 6,786 2,464
67,742 17,081 24,802 4,024 18,941 7,675 7,743 4,302 18,969 4,273 24,016 1,165 9,523 24,920 26,015 | 1.0172 GBP 1.0194 GBP 1.0260 GBP 20.3700 ZAR 20.4000 ZAR 20.4200 ZAR 20.4800 ZAR 20.5397 ZAR 20.5900 ZAR 20.5950 ZAR
1.0170 GBP 1.0230 GBP 1.0290 GBP 1.0300 GBP 1.0317 GBP 1.0318 GBP 1.0323 GBP 1.0326 GBP 1.0339 GBP 1.0346 GBP 1.0363 GBP 1.0372 GBP 1.0378 GBP 1.0400 GBP 1.0424 GBP 1.0430 GBP 1.0493 GBP 1.0550 GBP 20.0000 ZAR 20.4797 ZAR 20.5002 ZAR
1.0245 GBP 1.0315 GBP 20.0000 ZAR 20.1536 ZAR 20.2400 ZAR 20.3161 ZAR 20.5353 ZAR 20.6000 ZAR
1.0170 GBP 1.0171 GBP 1.0218 GBP 1.0227 GBP 1.0263 GBP 1.0290 GBP 1.0298 GBP 1.0308 GBP 1.0340 GBP 1.0345 GBP 1.0373 GBP 1.0428 GBP 1.0493 GBP 20.0000 ZAR 20.3145 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: | 30 September 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