12th Aug 2022 10:27
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: | 11 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 | 293,968
312,371 | 1.4360 GBP
1.4340 GBP | 1.4120 GBP
1.4120 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
| 9,464 13,207 608 8,258 8,526 2,573 9,236 10,101 12,618 2,892 1,308 5,033 1,953
2,016 24,202 21,214 6,593 6,220 552 18,105 9,041 46,015 3,669 1 101 45,834 880 15,784 15,784
13,112 3,381 811 470 312
64,492 1,261 14,144 11 6,944 6 922 1,731 324 2,620 1,179 15,786 95 3,880 9,120 255 8,283 3,668 1,593 15,784 | 1.4158 GBP 1.4186 GBP 1.4223 GBP 27.9937 ZAR 28.0423 ZAR 28.0541 ZAR 28.1706 ZAR 28.1906 ZAR 28.2000 ZAR 28.2048 ZAR 28.2200 ZAR 28.2912 ZAR 28.3000 ZAR
1.4130 GBP 1.4179 GBP 1.4180 GBP 1.4196 GBP 1.4231 GBP 1.4244 GBP 1.4249 GBP 1.4270 GBP 1.4272 GBP 1.4284 GBP 1.4290 GBP 1.4310 GBP 28.1294 ZAR 28.1963 ZAR 28.2078 ZAR 28.3000 ZAR
1.4265 GBP 1.4330 GBP 28.2550 ZAR 28.3000 ZAR 28.3200 ZAR
1.4180 GBP 1.4181 GBP 1.4196 GBP 1.4202 GBP 1.4205 GBP 1.4206 GBP 1.4211 GBP 1.4223 GBP 1.4245 GBP 1.4246 GBP 1.4270 GBP 1.4276 GBP 1.4279 GBP 1.4285 GBP 1.4302 GBP 1.4303 GBP 1.4309 GBP 1.4310 GBP 28.2813 ZAR 28.3000 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: | 12 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