12th Aug 2022 10:30
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 | Shaftesbury plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Corporate Broker to Shaftesbury plc |
(d) Date dealing undertaken: | 11 August 2022 |
(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, Capital & Counties Properties plc |
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 |
25p ordinary | Purchase
Sale | 211,967
52,938 | 4.8731 GBP
4.8702 GBP | 4.7720 GBP
4.7720 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 |
25p ordinary | Equity Swap | Decrease Short
Increase Long
Increase Short
Opening a Long Position
Opening a Short Position
| 7,577 2
440
14,727 17,112 111 47 16 60 230 3,049 695 1 71 5 260 33 6 9,811 99 4,760 2,026 241 7,918 1,025 3,649 653 4,721 78 81 2,018 293 1 100,000 941 130 189 377 25 1,375 42 15 32 527 140
16,033 475 91 1,928 610
11,077 2,285 646 1,034 1,802 174 533 1,586 | 4.7720 GBP 4.7940 GBP
4.7714 GBP
4.7720 GBP 4.7721 GBP 4.7723 GBP 4.7985 GBP 4.8117 GBP 4.8129 GBP 4.8130 GBP 4.8147 GBP 4.8153 GBP 4.8164 GBP 4.8191 GBP 4.8262 GBP 4.8278 GBP 4.8287 GBP 4.8295 GBP 4.8337 GBP 4.8339 GBP 4.8342 GBP 4.8419 GBP 4.8428 GBP 4.8431 GBP 4.8439 GBP 4.8447 GBP 4.8449 GBP 4.8450 GBP 4.8452 GBP 4.8455 GBP 4.8458 GBP 4.8459 GBP 4.8580 GBP 4.8583 GBP 4.8709 GBP 4.8713 GBP 4.8719 GBP 4.8721 GBP 4.8726 GBP 4.8727 GBP 4.8732 GBP 4.8735 GBP 4.8738 GBP 4.8756 GBP 4.8760 GBP
4.7720 GBP 4.8480 GBP 4.8559 GBP 4.8625 GBP 4.8692 GBP
4.7720 GBP 4.7780 GBP 4.7900 GBP 4.7933 GBP 4.8118 GBP 4.8290 GBP 4.8310 GBP 4.8352 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: | 12 August 2022 |
| Contact name: | Alwyn Basch |
| Telephone number: | 020 7742 7407 |
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:
SHB.L