29th Sep 2022 10:32
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: | 28 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 | 701,265
907,544 | 1.0501 GBP
1.0500 GBP | 0.9770 GBP
0.9750 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
| 41,345 3,294 989
25,941 5,478 27,562 48,715 866 11,316 41,091 150 5,308 43,354 26 18,291 34,699 129,829 21,445 7,551 53,057 41,604 989 18,291
1,625 82,072 3,241 471 1,921 638 2,202 1,653 942 1,043 1,198 1,209 2,135 1,207 1,191 943 2,357 14,795 1,925 6,464
2 14,180 1,269 172,118 3,438 6,050 3,241 4,968 9,417 67,237 11,535 3,112 2,221 73,770 23,014 18,291 19,280 | 1.0103 GBP 1.0239 GBP 19.6000 ZAR
0.9783 GBP 0.9866 GBP 1.0044 GBP 1.0086 GBP 1.0100 GBP 1.0119 GBP 1.0123 GBP 1.0155 GBP 1.0194 GBP 1.0206 GBP 1.0230 GBP 1.0239 GBP 1.0285 GBP 1.0322 GBP 1.0362 GBP 1.0483 GBP 1.0498 GBP 1.0500 GBP 19.5997 ZAR 19.7300 ZAR
1.0101 GBP 1.0249 GBP 1.0498 GBP 18.9200 ZAR 19.0206 ZAR 19.0377 ZAR 19.0386 ZAR 19.0556 ZAR 19.1250 ZAR 19.2384 ZAR 19.2385 ZAR 19.2406 ZAR 19.2511 ZAR 19.3071 ZAR 19.3226 ZAR 19.5751 ZAR 19.5960 ZAR 19.6607 ZAR 19.9433 ZAR 20.0000 ZAR
0.9890 GBP 0.9930 GBP 0.9938 GBP 0.9953 GBP 0.9955 GBP 0.9973 GBP 1.0000 GBP 1.0069 GBP 1.0146 GBP 1.0201 GBP 1.0213 GBP 1.0264 GBP 1.0390 GBP 1.0501 GBP 19.3589 ZAR 19.7300 ZAR 19.7399 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: | 29 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