30th Dec 2022 11:06
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: | 29 December 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 | 222,572
193,161 | 1.0710 GBP
1.0700 GBP | 1.0380 GBP
1.0330 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
Opening a Long Position | 324 2,971 405 709 324 324
386 585 837 824 3,728 6,938 340 812 1,495 3,865 162 554 34 6,263 24,700 5,787 223 2,052 4,263 9,934 13,036 1,018 793 1,114
2,741 1,049 19 351 19 1 2 2,971 324 324
333 2,411 3,148 8,105 7 246 3,333 1,757 57,154 13,364 7,080 400 3,419 3,782 3,720 6,235
5,774 | 1.0420 GBP 1.0670 GBP 21.3700 ZAR 21.4222 ZAR 21.4300 ZAR 21.6900 ZAR
1.0399 GBP 1.0400 GBP 1.0404 GBP 1.0409 GBP 1.0497 GBP 1.0514 GBP 1.0518 GBP 1.0520 GBP 1.0521 GBP 1.0525 GBP 1.0548 GBP 1.0549 GBP 1.0553 GBP 1.0565 GBP 1.0568 GBP 1.0573 GBP 1.0614 GBP 1.0653 GBP 1.0663 GBP 1.0670 GBP 1.0673 GBP 1.0689 GBP 1.0700 GBP 21.3994 ZAR
1.0412 GBP 1.0513 GBP 1.0554 GBP 1.0587 GBP 1.0590 GBP 1.0610 GBP 1.0650 GBP 1.0670 GBP 21.4297 ZAR 21.6900 ZAR
1.0381 GBP 1.0410 GBP 1.0443 GBP 1.0487 GBP 1.0490 GBP 1.0500 GBP 1.0509 GBP 1.0510 GBP 1.0569 GBP 1.0591 GBP 1.0604 GBP 1.0617 GBP 1.0625 GBP 1.0637 GBP 1.0644 GBP 1.0670 GBP
1.0667 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 |
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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: | 30 December 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