3rd Feb 2023 11:03
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: | 2 February 2023 |
(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 | 1,115,900
1,224,282 | 1.2500 GBP
1.2500 GBP | 1.1550 GBP
1.1553 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
| 6,863 8,397 11,861 4,137 1,671 1,114 122 209 3,378 3,485 11,001 1
5,772 1,062 1,477 20 921 1,993 18,899 1,583 3,653 18,201 392 7,602 8,176 13,537 9,349 9,758 942 15,330 78,908 3,116
74,252 59,188 11,001 10,106 34 16 4,137 787 6,864 3,418 6,796
2 100 3,127 6 1,983 28,044 3,063 28,102 5,652 19,826 59,570 | 1.1950 GBP 1.2077 GBP 1.2201 GBP 24.6500 ZAR 24.6600 ZAR 24.7000 ZAR 24.9500 ZAR 24.9700 ZAR 24.9882 ZAR 24.9900 ZAR 25.0267 ZAR 25.2700 ZAR
1.1750 GBP 1.1865 GBP 1.1884 GBP 1.1908 GBP 1.1910 GBP 1.1967 GBP 1.1979 GBP 1.2039 GBP 1.2125 GBP 1.2135 GBP 1.2177 GBP 1.2209 GBP 1.2235 GBP 1.2244 GBP 1.2246 GBP 1.2315 GBP 1.2405 GBP 1.2407 GBP 1.2499 GBP 24.7020 ZAR
1.1897 GBP 1.1902 GBP 1.1978 GBP 1.2038 GBP 1.2042 GBP 1.2222 GBP 24.6500 ZAR 24.7700 ZAR 24.9888 ZAR 24.9900 ZAR 25.0742 ZAR
1.1800 GBP 1.1871 GBP 1.1879 GBP 1.1880 GBP 1.1914 GBP 1.1967 GBP 1.1994 GBP 1.2000 GBP 1.2016 GBP 1.2037 GBP 1.2500 GBP |
(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 |
|
|
|
|
|
(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) |
|
|
|
|
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
|
(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
|
| Date of disclosure: | 3 February 2023 |
| Contact name: | Natasha Mondon |
| Telephone number: | 01202 325175 |
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