6th Jun 2023 10:56
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: | 5 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 | 579,768
1,092,409 | 1.9120 GBP
1.9120 GBP | 1.8670 GBP
1.8670 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 | 28 2 2,975 6,354 7,021 7,447 2,695 103 538 6,259 19,875 266 1,155 7,389 14,059 2,124 170 1,142 11,610 2,613 10,000
12,831 2 60 3,446 1,302 91,900 9,326 60 13,132
1,462 645 3,409 2,102 3,097 2,561 1,860 34,495 11,782 2,206 7,447 103 1,345 86,771 31,345 7,798 268,450 1,059 382 7,728
8,615 5 20 6,892
2,172
2,139 | 1.8671 GBP 1.8740 GBP 1.8831 GBP 1.8832 GBP 1.8838 GBP 1.8852 GBP 1.8857 GBP 1.8858 GBP 1.8868 GBP 1.8887 GBP 1.8888 GBP 1.8911 GBP 1.8925 GBP 1.8926 GBP 1.8946 GBP 1.8971 GBP 1.8981 GBP 1.9010 GBP 1.9016 GBP 1.9031 GBP 1.9053 GBP
1.8803 GBP 1.8810 GBP 1.8828 GBP 1.8845 GBP 1.8849 GBP 1.8893 GBP 1.8975 GBP 1.9015 GBP 1.9032 GBP
1.8670 GBP 1.8805 GBP 1.8809 GBP 1.8816 GBP 1.8818 GBP 1.8819 GBP 1.8823 GBP 1.8830 GBP 1.8833 GBP 1.8843 GBP 1.8852 GBP 1.8858 GBP 1.8860 GBP 1.8887 GBP 1.8890 GBP 1.8908 GBP 1.8965 GBP 1.8999 GBP 1.9029 GBP 1.9036 GBP
1.8831 GBP 1.8841 GBP 1.8883 GBP 1.9059 GBP
1.8790 GBP
1.8686 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: | 6 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