13th May 2022 11:20
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 May 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 | 286,121
728,303 | 1.5980 GBP
1.6050 GBP | 1.5750 GBP
1.5730 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
| 7,365 51,164 14 475 2,542 11,401 1,539 1
400 924 6,807 4,447 8,903 2,195 3,318 2,006 47,776 515 8,127 1 200,000 2,543 11,401 1,539 6,360
13,712 99,362 60,177 7,738 567 1,165
586 1,766 6,807 5,502 16,550 13,347 2,542 6,229 2,153 8,332 13,091 1,681 2,109 627 8,903 567 6,360 | 1.5822 GBP 1.5864 GBP 1.5900 GBP 1.5910 GBP 31.2900 ZAR 31.2986 ZAR 31.3135 ZAR 31.3700 ZAR
1.5800 GBP 1.5802 GBP 1.5805 GBP 1.5807 GBP 1.5812 GBP 1.5835 GBP 1.5856 GBP 1.5865 GBP 1.5890 GBP 1.5899 GBP 1.5905 GBP 1.5960 GBP 1.6009 GBP 31.2896 ZAR 31.2986 ZAR 31.3135 ZAR 31.5600 ZAR
1.5812 GBP 1.5843 GBP 1.5896 GBP 31.1817 ZAR 31.4857 ZAR 31.6700 ZAR
1.5750 GBP 1.5780 GBP 1.5805 GBP 1.5815 GBP 1.5832 GBP 1.5852 GBP 1.5860 GBP 1.5871 GBP 1.5876 GBP 1.5878 GBP 1.5891 GBP 1.5930 GBP 1.5960 GBP 1.5961 GBP 31.2461 ZAR 31.4857 ZAR 31.5600 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: | 13 May 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