5th Aug 2022 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: | 4 August 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 | 435,860
471,065 | 1.4980 GBP
1.4950 GBP | 1.4734 GBP
1.4720 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
| 8,266 2,560 970 6,693 166 650 29 1,647 2 2,790
2,825 3,514 414 1,602 578 20,929 113,798 125 14,805 3,192 1,285 324 8,583 3,384 8,405 1,118 8,481 7,540 4,436 4,437
65,743 10,894 1 67 1,900 6,951 17,860 12,279 17,143
74,491 320 6,437 7,586 5,941 18,478 4,994 2,504 1 1,160 4,205 102 9,326 284 4,437 4,551 1 4,436 56,200 | 1.4814 GBP 1.4826 GBP 1.4950 GBP 29.7966 ZAR 29.8800 ZAR 29.9100 ZAR 29.9500 ZAR 30.2400 ZAR 30.4800 ZAR 30.5122 ZAR
1.4730 GBP 1.4741 GBP 1.4743 GBP 1.4752 GBP 1.4768 GBP 1.4769 GBP 1.4770 GBP 1.4776 GBP 1.4799 GBP 1.4804 GBP 1.4811 GBP 1.4816 GBP 1.4826 GBP 1.4827 GBP 1.4856 GBP 1.4930 GBP 1.4940 GBP 29.8087 ZAR 30.0000 ZAR 30.4107 ZAR
1.4883 GBP 1.4921 GBP 29.6900 ZAR 29.8000 ZAR 29.8912 ZAR 30.2288 ZAR 30.4169 ZAR 30.4228 ZAR 30.5037 ZAR
1.4770 GBP 1.4790 GBP 1.4797 GBP 1.4798 GBP 1.4800 GBP 1.4812 GBP 1.4872 GBP 1.4879 GBP 1.4890 GBP 1.4929 GBP 1.4930 GBP 1.4932 GBP 1.4938 GBP 1.4948 GBP 1.4951 GBP 1.4953 GBP 29.6905 ZAR 30.0000 ZAR 30.4032 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: | 5 August 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