15th Aug 2022 11:05
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: | 12 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 | 340,834
331,243 | 1.4330 GBP
1.4330 GBP | 1.4100 GBP
1.4100 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
| 5,210 45,940 2,891 7,767 4,323 9,246 26 9,004 6,157 4,784 1,380 740 925
920 3,475 3,447 2,900 1,678 7,302 2,000 6,725 2,264 10,989 70,312 18,987 26,876 1,380 24,388
13,270 17,689 1,953 138 442 68 6,702 876 1,092 954 2,206 3,465
96 480 1,622 25,480 66 1 77 4,728 28,682 1,290 4,501 1,291 6,010 11,188 1,553 2,810 1,377 67,583 2,488 14,532 876 24,388 | 1.4145 GBP 1.4149 GBP 27.9000 ZAR 27.9133 ZAR 27.9168 ZAR 27.9281 ZAR 27.9400 ZAR 27.9469 ZAR 27.9964 ZAR 28.0032 ZAR 28.0100 ZAR 28.1500 ZAR 28.1900 ZAR
1.4160 GBP 1.4190 GBP 1.4194 GBP 1.4211 GBP 1.4220 GBP 1.4236 GBP 1.4240 GBP 1.4259 GBP 1.4280 GBP 1.4329 GBP 1.4330 GBP 27.9500 ZAR 27.9534 ZAR 28.0064 ZAR 28.2000 ZAR
1.4178 GBP 1.4236 GBP 27.8769 ZAR 27.9300 ZAR 27.9600 ZAR 27.9700 ZAR 27.9782 ZAR 28.0283 ZAR 28.0375 ZAR 28.0400 ZAR 28.0661 ZAR 28.1784 ZAR
1.4143 GBP 1.4149 GBP 1.4151 GBP 1.4163 GBP 1.4171 GBP 1.4180 GBP 1.4190 GBP 1.4213 GBP 1.4221 GBP 1.4231 GBP 1.4241 GBP 1.4250 GBP 1.4255 GBP 1.4264 GBP 1.4269 GBP 1.4294 GBP 1.4303 GBP 1.4330 GBP 28.0251 ZAR 28.0254 ZAR 28.0283 ZAR 28.2000 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: | 15 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