18th Jul 2023 09:44
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: | 17 July 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 | 383,314
351,833 | 1.7340 GBP
1.7370 GBP | 1.6990 GBP
1.6990 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
| 10,632 145 10,632 1,111 10 5 91 66 8,277 12 30 8,377 225 13 27,739 2 92 425 57 706 150 12 36 54 10 402 41 46 472
610 17,237 29,525 532 860 10 1,118 122 995 1,512 10,902 9,300 1,371
20,937 573 471 91 171 3,674 1
18,775 843 4,656 3,016 12,660 3,821 2,661 4,548 7,354 6,298 1,037 438 | 1.6990 GBP 1.6991 GBP 1.6992 GBP 1.7032 GBP 1.7036 GBP 1.7042 GBP 1.7109 GBP 1.7130 GBP 1.7131 GBP 1.7140 GBP 1.7153 GBP 1.7162 GBP 1.7171 GBP 1.7172 GBP 1.7208 GBP 1.7232 GBP 1.7246 GBP 1.7257 GBP 1.7260 GBP 1.7264 GBP 1.7265 GBP 1.7266 GBP 1.7267 GBP 1.7271 GBP 1.7273 GBP 1.7274 GBP 1.7277 GBP 1.7330 GBP 1.7340 GBP
1.6989 GBP 1.6990 GBP 1.6992 GBP 1.7070 GBP 1.7090 GBP 1.7140 GBP 1.7194 GBP 1.7240 GBP 1.7245 GBP 1.7275 GBP 1.7294 GBP 1.7325 GBP 1.7338 GBP
1.6990 GBP 1.7099 GBP 1.7100 GBP 1.7109 GBP 1.7139 GBP 1.7140 GBP 1.7220 GBP
1.6991 GBP 1.7042 GBP 1.7079 GBP 1.7120 GBP 1.7123 GBP 1.7126 GBP 1.7147 GBP 1.7164 GBP 1.7173 GBP 1.7222 GBP 1.7255 GBP 1.7263 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: | 18 July 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