This announcement replaces the previous RNS announcement 6321L released at 11:56 on the 16th May 2022. Amendments to sections 2a+b . All other information remains unchanged
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: | UBS Investment Bank, London |
| (b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Capital And Counties Properties plc |
| (c) Name of the party to the offer with which exempt principal trader is connected: | Shaftesbury Plc |
| (d) Date dealing undertaken: | 13 May 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
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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 | Buy
| 526095 | 1.62509 GBP | 1.59750 GBP |
| 25p ordinary | Sell
| 337864 | 1.62501 GBP | 1.59700 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 | CFD
| Long | 8721 | 1.625 GBP |
| 25p ordinary | CFD
| Long | 1022 | 1.624765 GBP |
| 25p ordinary | CFD
| Long | 41094 | 1.604109 GBP |
| 25p ordinary | CFD
| Long | 1012 | 1.62497563 GBP |
| 25p ordinary | CFD
| Long | 18898 | 1.59888808 GBP |
| 25p ordinary | CFD
| Long | 2190 | 1.61507762557078 GBP |
| 25p ordinary | CFD
| Long | 10196 | 1.600342 GBP |
| 25p ordinary | CFD
| Long | 16845 | 1.613039 GBP |
| 25p ordinary | CFD
| Long | 15864 | 1.60215582 GBP |
| 25p ordinary | CFD
| Long | 9704 | 31.57680853 ZAR |
| 25p ordinary | CFD
| Long | 26344 | 1.606223 GBP |
| 25p ordinary | CFD
| Long | 274 | 1.5985 GBP |
| 25p ordinary | CFD
| Long | 31570 | 1.612309 GBP |
| 25p ordinary | CFD
| Long | 7202 | 1.605 GBP |
| 25p ordinary | CFD
| Long | 13102 | 1.61196382 GBP |
| 25p ordinary | CFD
| Short | 377 | 1.62508125 GBP |
| 25p ordinary | CFD
| Short | 16995 | 1.625 GBP |
| 25p ordinary | CFD
| Short | 64718 | 1.61683635 GBP |
| 25p ordinary | CFD
| Short | 46872 | 1.60954112 GBP |
| 25p ordinary | CFD
| Short | 15533 | 1.612086 GBP |
| 25p ordinary | CFD
| Short | 6387 | 1.61407077 GBP |
| 25p ordinary | CFD
| Short | 4177 | 1.61493177 GBP |
| 25p ordinary | CFD
| Short | 2684 | 1.607515 GBP |
| 25p ordinary | CFD
| Short | 210 | 1.60928571 GBP |
| 25p ordinary | CFD
| Short | 16 | 1.6147643 GBP |
| 25p ordinary | CFD
| Short | 36752 | 1.61308881149325 GBP |
| 25p ordinary | CFD
| Short | 72054 | 1.617554 GBP |
| 25p ordinary | CFD
| Short | 76360 | 1.607803 GBP |
| 25p ordinary | CFD
| Short | 88340 | 1.606 GBP |
| 25p ordinary | CFD
| Short | 5 | 1.61600006 GBP |
| 25p ordinary | CFD
| Short | 9704 | 31.57680853 ZAR |
| 25p ordinary | CFD
| Short | 4239 | 1.61264213 GBP |
| 25p ordinary | CFD
| Short | 108 | 1.61898148 GBP |
| 25p ordinary | CFD
| Short | 5169 | 1.62499903 GBP |
| 25p ordinary | CFD
| Short | 7321 | 1.62499932 |
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 " |
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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 |
Date of disclosure: | 17 May 2022 |
Contact name: | Richard Howard |
Telephone number: | +44 (0)207 568 9128 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk
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.
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