14th Oct 2022 11:02
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: | 13 October 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 | 921,261
739,368 | 1.0220 GBP
1.0180 GBP | 0.9475 GBP
0.9465 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
| 635 68,035 152,618 9,601 4,776 4,726 1,307 4,776 4,760 2,936 1,036 3,114 29,227
568 917 3,482 2,002 615 10,226 95,106 214 2,406 3,379 2,474 1,500 952 4,638 2,237 28,760 3,382 3,518 54,535 59,173 7,086
1,381 28,620 61,788 31 4,638
4,112 1,129 3,905 5,343 200 13,528 18,309 3,145 35,690 2,080 59,173 21,345 3,810 54,535 31 4,638 | 0.9685 GBP 0.9734 GBP 0.9779 GBP 19.2396 ZAR 19.3497 ZAR 19.6362 ZAR 19.6678 ZAR 19.6704 ZAR 19.7336 ZAR 19.8849 ZAR 20.2600 ZAR 20.4391 ZAR 20.5432 ZAR
0.9480 GBP 0.9500 GBP 0.9503 GBP 0.9504 GBP 0.9509 GBP 0.9511 GBP 0.9555 GBP 0.9564 GBP 0.9577 GBP 0.9614 GBP 0.9630 GBP 0.9830 GBP 0.9837 GBP 0.9880 GBP 0.9953 GBP 1.0005 GBP 1.0140 GBP 1.0160 GBP 19.3300 ZAR 20.0077 ZAR 20.1797 ZAR
0.9611 GBP 0.9657 GBP 0.9783 GBP 19.8400 ZAR 20.3900 ZAR
0.9527 GBP 0.9553 GBP 0.9555 GBP 0.9556 GBP 0.9630 GBP 0.9669 GBP 0.9693 GBP 0.9715 GBP 0.9718 GBP 0.9732 GBP 0.9763 GBP 0.9777 GBP 0.9834 GBP 19.3300 ZAR 19.8436 ZAR 20.3903 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 |
|
|
|
|
|
(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: | 14 October 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