20th Jun 2023 10:54
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 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 | 805,039
865,941 | 1.7810 GBP
1.7791 GBP | 1.7340 GBP
1.7429 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 | 4 2 19,559 481 8,566 27 5,938 2,996 2,850 8,287 1,298 4,000 1,114 96
52,492 7,939 64 16 868 17,865 4,072 5,746 1,225 34
3,640 46,059 2 12 61,425 481 6,833 5,300 2,311 476 3,632 4,062 663 21,483 1,317 44 304 2,279 301 422
81,472 1,067 1,036 5 1,152 108 465 3,012 1,689 32,115 39,350
11,790
810 | 1.7430 GBP 1.7475 GBP 1.7488 GBP 1.7495 GBP 1.7497 GBP 1.7499 GBP 1.7508 GBP 1.7594 GBP 1.7629 GBP 1.7645 GBP 1.7652 GBP 1.7722 GBP 1.7740 GBP 1.7750 GBP
1.7429 GBP 1.7430 GBP 1.7461 GBP 1.7627 GBP 1.7635 GBP 1.7648 GBP 1.7671 GBP 1.7687 GBP 1.7767 GBP 1.7789 GBP
1.7428 GBP 1.7430 GBP 1.7475 GBP 1.7488 GBP 1.7491 GBP 1.7495 GBP 1.7505 GBP 1.7598 GBP 1.7604 GBP 1.7616 GBP 1.7620 GBP 1.7624 GBP 1.7650 GBP 1.7673 GBP 1.7692 GBP 1.7693 GBP 1.7699 GBP 1.7700 GBP 1.7702 GBP 1.7760 GBP
1.7430 GBP 1.7431 GBP 1.7438 GBP 1.7471 GBP 1.7490 GBP 1.7513 GBP 1.7515 GBP 1.7535 GBP 1.7590 GBP 1.7617 GBP 1.7711 GBP
1.7647 GBP
1.7520 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: | 20 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