3rd Jul 2023 11:14
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: | 30 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 | 458,567
718,641 | 1.6730 GBP
1.6695 GBP | 1.6450 GBP
1.6470 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
| 3,476 377 5,818 56 1,327 35,615 3,334 26,374 1,896 50 2,572
2,746 533 3 973 10 36,106 1,439 7,172 4 5,478
518 377 879 332,150 580 6,059 10,641 18,810
2,386 795 957 3,100 3,824 2,749 35,555 4 959 6,058 5,080 1,050 8,598 3,131 | 1.6471 GBP 1.6479 GBP 1.6540 GBP 1.6542 GBP 1.6543 GBP 1.6577 GBP 1.6580 GBP 1.6584 GBP 1.6591 GBP 1.6628 GBP 1.6653 GBP
1.6493 GBP 1.6510 GBP 1.6520 GBP 1.6526 GBP 1.6536 GBP 1.6540 GBP 1.6542 GBP 1.6571 GBP 1.6610 GBP 1.6650 GBP
1.6470 GBP 1.6479 GBP 1.6500 GBP 1.6517 GBP 1.6530 GBP 1.6538 GBP 1.6540 GBP 1.6549 GBP
1.6480 GBP 1.6489 GBP 1.6490 GBP 1.6506 GBP 1.6512 GBP 1.6540 GBP 1.6541 GBP 1.6551 GBP 1.6565 GBP 1.6586 GBP 1.6612 GBP 1.6615 GBP 1.6642 GBP 1.6650 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: | 3 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