25th Jul 2023 17:46
AMENDMENT
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: | 19 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 | 2,807,137
794,748 | 1.8440 GBP
1.8440 GBP | 1.7530 GBP
1.7530 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
Opening a long position
Opening a short position
| 1,882 142 468 6,716 815 4,378 624 3,430 410 399 2,363 322 1,043 1,394 6,981 200 113 12,274
186 5,000 603 967 850 5,775 1,409 27,646
2,275 15,542 4,025 60,414 2,730
186 39 893 850 5,775
515 349 2,688 1,244 2,685 2,021 29 820 1,013 8,076 97,579 1,352 587
2,227 2,422 469 3,135 1,325 1,258 6,754 6,374 95,080 | 1.7933 GBP 1.8000 GBP 1.8080 GBP 1.8190 GBP
1.8198 GBP 1.8199 GBP 1.8201 GBP 1.8202 GBP 1.8243 GBP 1.8249 GBP 1.8272 GBP 1.8306 GBP 1.8312 GBP 1.8316 GBP 1.8346 GBP 1.8354 GBP 1.8371 GBP
1.8171 GBP 1.8216 GBP 1.8279 GBP 1.8305 GBP 1.8323 GBP 1.8368 GBP 1.8369 GBP 1.8370 GBP
1.8129 GBP 1.8196 GBP 1.8271 GBP 1.8295 GBP 1.8368 GBP
1.8171 GBP 1.8252 GBP 1.8302 GBP 1.8323 GBP 1.8370 GBP
1.7980 GBP 1.8080 GBP 1.8164 GBP 1.8199 GBP 1.8215 GBP 1.8286 GBP 1.8338 GBP 1.8339 GBP 1.8351 GBP 1.8369 GBP 1.8370 GBP 1.8380 GBP 1.8390 GBP
1.7870 GBP 1.8004 GBP 1.8131 GBP 1.8199 GBP 1.8200 GBP 1.8254 GBP 1.8263 GBP 1.8296 GBP 1.8370 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 |
|
|
|
|
|
(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) |
|
|
|
|
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
|
(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 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