1st Feb 2023 10:53
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: | 31 January 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 | 619,891
680,895 | 1.1550 GBP
1.1550 GBP | 1.1310 GBP
1.1330 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
| 2,578 3,521 7,017 2 1,628 558 3,521 62 2,172 5,149 223
8,824 2,008 813 1,269 798 6,047 46 7,707 3,127 1,966 7,862 2,355 8,044 1,378 15 840 8,441 5 113 947 3,015
65,989 5,149 1,628 3,521 1,603 3,546
3,308 3,529 1,645 2,624 8,286 861 24,341 15,888 122 | 1.1400 GBP 1.1460 GBP 1.1479 GBP 1.1485 GBP 24.4300 ZAR 24.4511 ZAR 24.5600 ZAR 24.5900 ZAR 24.6075 ZAR 24.6693 ZAR 24.7027 ZAR
1.1393 GBP 1.1429 GBP 1.1431 GBP 1.1454 GBP 1.1464 GBP 1.1465 GBP 1.1469 GBP 1.1478 GBP 1.1491 GBP 1.1494 GBP 1.1499 GBP 1.1500 GBP 1.1507 GBP 1.1509 GBP 1.1519 GBP 1.1520 GBP 1.1525 GBP 1.1528 GBP 1.1529 GBP 1.1542 GBP 24.5808 ZAR
1.1467 GBP 1.1482 GBP 24.4300 ZAR 24.5596 ZAR 24.6674 ZAR 24.6696 ZAR
1.1452 GBP 1.1454 GBP 1.1460 GBP 1.1463 GBP 1.1464 GBP 1.1470 GBP 1.1488 GBP 1.1500 GBP 1.1510 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: | 1 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:
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