28th Jun 2023 11:05
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 | LondonMetric Property plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Financial advisor and corporate broker to LondonMetric Property plc |
(d) Date dealing undertaken: | 27 June 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, CT Property Trust Limited |
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 |
10p ordinary | Purchase
Sale | 518,145
554,985 | 1.6400 GBP
1.6330 GBP | 1.6110 GBP
1.6105 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 |
10p ordinary | Equity Swap | Decrease Long
Decrease Short
Increase Long
Increase Short
| 1,628 40 488 744 4,009 13,500 730 9 21 12,351 13,621 5,227 435 24 113
865 2,643 2,419 1,734 9,973 176 6 3,309 7,120 132,591 2,059 850
673 1,381 19 152 842 45,500 640 1,440 91 13,503 9,726 21 130 25,318
8,015 4,342 60,840 2,511 1,136 6,048 5,173 1,146 582 71,845 36 213 2,056 | 1.6172 GBP 1.6175 GBP 1.6180 GBP 1.6182 GBP 1.6197 GBP 1.6225 GBP 1.6227 GBP 1.6252 GBP 1.6269 GBP 1.6270 GBP 1.6271 GBP 1.6272 GBP 1.6368 GBP 1.6372 GBP 1.6377 GBP
1.6095 GBP 1.6180 GBP 1.6181 GBP 1.6200 GBP 1.6231 GBP 1.6247 GBP 1.6260 GBP 1.6267 GBP 1.6269 GBP 1.6270 GBP 1.6305 GBP 1.6371 GBP
1.6100 GBP 1.6103 GBP 1.6110 GBP 1.6130 GBP 1.6140 GBP 1.6146 GBP 1.6170 GBP 1.6172 GBP 1.6213 GBP 1.6234 GBP 1.6268 GBP 1.6269 GBP 1.6270 GBP 1.6271 GBP
1.6184 GBP 1.6186 GBP 1.6192 GBP 1.6209 GBP 1.6210 GBP 1.6222 GBP 1.6243 GBP 1.6250 GBP 1.6260 GBP 1.6270 GBP 1.6315 GBP 1.6318 GBP 1.6357 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: | 28 June 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:
LondonMetric