2nd Sep 2022 10:56
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 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 | 1,014,446
1,207,290 | 1.1803 GBP
1.1815 GBP | 1.1700 GBP
1.1680 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
| 7,097 7,288 3,687 1,619 21 19,735 2,175 4,516 950 3,619 644 8,366 625 2 5,381 574
15,094 965 871 13,207 8,004 6,817 18,126 25,021 3,974 12,659 11,575 23 4,038 2,986 780 2,926 2,175 46,153 37,457
289,369 1,619 474 3,659 5,037 1,594 4,261
23,239 7,860 17,639 48,566 1,823 4,501 46,151 2,911 386 8,696 37,457 | 1.1757 GBP 23.3473 ZAR 23.3496 ZAR 23.3782 ZAR 23.3886 ZAR 23.3973 ZAR 23.3978 ZAR 23.4000 ZAR 23.4100 ZAR 23.4410 ZAR 23.4500 ZAR 23.4603 ZAR 23.4900 ZAR 23.5200 ZAR 23.5274 ZAR 23.6000 ZAR
1.1740 GBP 1.1747 GBP 1.1753 GBP 1.1756 GBP 1.1758 GBP 1.1763 GBP 1.1764 GBP 1.1768 GBP 1.1770 GBP 1.1773 GBP 1.1774 GBP 1.1780 GBP 1.1790 GBP 1.1800 GBP 1.1806 GBP 23.3970 ZAR 23.3978 ZAR 23.4204 ZAR 23.7200 ZAR
1.1746 GBP 23.2737 ZAR 23.3900 ZAR 23.3976 ZAR 23.4000 ZAR 23.4140 ZAR 23.4281 ZAR
1.1700 GBP 1.1701 GBP 1.1730 GBP 1.1735 GBP 1.1739 GBP 1.1745 GBP 1.1756 GBP 1.1780 GBP 1.1810 GBP 23.3994 ZAR 23.7200 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: | 2 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