10th Jun 2022 11:10
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: | 9 June 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 | 466,102
703,907 | 1.6045 GBP
1.6020 GBP | 1.5754 GBP
1.5740 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
Opening a Short Position
| 12,583 4,589 4,976 10,762
910 9,095 57,549 3,375 91,778 3,363 1,425 32,467 18,580 34,946 6,581 27,283 12,583 4,589
1,415 20,116 2,534 1,438
3 2,115 3,235 2,111 10,197 24,568 10,569 7,822 655 1,535
3,972 11,766 15,738
15,738 3,972 11,766 | 30.3853 ZAR 30.3936 ZAR 30.6600 ZAR 30.6635 ZAR
1.5798 GBP 1.5807 GBP 1.5826 GBP 1.5829 GBP 1.5830 GBP 1.5833 GBP 1.5850 GBP 1.5860 GBP 1.5894 GBP 1.5930 GBP 1.5943 GBP 1.5951 GBP 30.3853 ZAR 30.3936 ZAR
1.5844 GBP 1.5850 GBP 30.0882 ZAR 30.4000 ZAR
1.5760 GBP 1.5775 GBP 1.5790 GBP 1.5820 GBP 1.5822 GBP 1.5830 GBP 1.5855 GBP 1.5925 GBP 1.5934 GBP 1.6020 GBP
1.5829 GBP 30.4100 ZAR 30.6619 ZAR
1.6007 GBP 30.2015 ZAR 30.4100 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: | 10 June 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