25th Nov 2022 10:38
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: | UBS Investment Bank, London |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Capital And Counties Properties plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Capital And Counties Properties plc |
(d) Date dealing undertaken: | 24 November 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" | NO |
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 | Buy
| 529636 | 1.09295 GBP | 1.06795 GBP |
25p ordinary | Sell
| 383249 | 1.09664 GBP | 1.07000 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 | CFD
| Long | 4698 | 1.07392 GBP |
25p ordinary | CFD
| Long | 86978 | 1.074 GBP |
25p ordinary | CFD
| Long | 7432 | 1.072891 GBP |
25p ordinary | CFD
| Long | 4087 | 1.08149351602643 GBP |
25p ordinary | CFD
| Long | 5977 | 22.3025297 ZAR |
25p ordinary | CFD
| Long | 2330 | 22.24072103 ZAR |
25p ordinary | CFD
| Long | 5234 | 22.39433321 ZAR |
25p ordinary | CFD
| Long | 20236 | 1.07349279 GBP |
25p ordinary | CFD
| Long | 3000 | 1.08292 GBP |
25p ordinary | CFD
| Long | 3481 | 1.089042 GBP |
25p ordinary | CFD
| Long | 6294 | 1.082143 GBP |
25p ordinary | CFD
| Long | 322 | 1.0814751552795 GBP |
25p ordinary | CFD
| Long | 3884 | 1.081495880793 GBP |
25p ordinary | CFD
| Long | 2401 | 1.082571 GBP |
25p ordinary | CFD
| Long | 2820 | 1.08494 GBP |
25p ordinary | CFD
| Long | 5852 | 1.078262 GBP |
25p ordinary | CFD
| Long | 11637 | 1.07389276 GBP |
25p ordinary | CFD
| Long | 6081 | 1.08154579838842 GBP |
25p ordinary | CFD
| Long | 4613 | 1.077366 GBP |
25p ordinary | CFD
| Short | 57 | 1.080516 GBP |
25p ordinary | CFD
| Short | 1 | 1.086 GBP |
25p ordinary | CFD
| Short | 79460 | 1.079372 GBP |
25p ordinary | CFD
| Short | 24181 | 1.088521 GBP |
25p ordinary | CFD
| Short | 2329 | 1.074 GBP |
25p ordinary | CFD
| Short | 4327 | 1.077605 GBP |
25p ordinary | CFD
| Short | 17449 | 1.07678919 GBP |
25p ordinary | CFD
| Short | 13223 | 1.074016 GBP |
25p ordinary | CFD
| Short | 5977 | 22.3025297 ZAR |
25p ordinary | CFD
| Short | 1687 | 1.082015 GBP |
25p ordinary | CFD
| Short | 5758 | 1.08444599 GBP |
25p ordinary | CFD
| Short | 19731 | 1.07989103441285 GBP |
25p ordinary | CFD
| Short | 106458 | 1.08203498093145 GBP |
25p ordinary | CFD
| Short | 38666 | 1.081624 GBP |
25p ordinary | CFD
| Short | 5234 | 22.39433321 ZAR |
25p ordinary | CFD
| Short | 2658 | 1.08491271632807 GBP |
25p ordinary | CFD
| Short | 3082 | 1.08491369240753 GBP |
25p ordinary | CFD
| Short | 2330 | 22.24072103 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 |
| Date of disclosure: | 25 November 2022 |
| Contact name: | Richard Howard |
| Telephone number: | +44 (0)207 568 9128 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]
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