24th Aug 2022 11:23
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: | 23 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 | 385,067
364,394 | 4.4050 GBP
4.4080 GBP | 4.3275 GBP
4.3090 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
| 451 8 274 1,100 1,651 6,159
293
7,105 13,413 273 571 427 122 460 2,808 7,577 1,195 3,452 39 181 274 1,972 106 4,949 13 400 1,256 9 22 57 289 2,097 73 485 1,070 145 323 1,356 1,682 8,353
2,268 227 54 1,138 4,327 7,512 842
4,263 780 5,258 611 2,369 932 2,155 | 4.3280 GBP 4.3295 GBP 4.3415 GBP 4.3434 GBP 4.3443 GBP 4.3681 GBP
4.3274 GBP
4.3280 GBP 4.3281 GBP 4.3283 GBP 4.3362 GBP 4.3364 GBP 4.3379 GBP 4.3386 GBP 4.3389 GBP 4.3406 GBP 4.3410 GBP 4.3413 GBP 4.3423 GBP 4.3424 GBP 4.3433 GBP 4.3434 GBP 4.3439 GBP 4.3443 GBP 4.3445 GBP 4.3465 GBP 4.3491 GBP 4.3511 GBP 4.3535 GBP 4.3546 GBP 4.3547 GBP 4.3551 GBP 4.3585 GBP 4.3587 GBP 4.3600 GBP 4.3602 GBP 4.3609 GBP 4.3612 GBP 4.3617 GBP 4.3728 GBP
4.3280 GBP 4.3370 GBP 4.3381 GBP 4.3522 GBP 4.3534 GBP 4.3618 GBP 4.3792 GBP
4.3280 GBP 4.3282 GBP 4.3308 GBP 4.3440 GBP 4.3450 GBP 4.3480 GBP 4.3508 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: | 24 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:
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