Source - LSE Regulatory
RNS Number : 9556L
JPMorgan Securities Plc
18 May 2022
 

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

Capital & Counties Properties 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:

17 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, Shaftesbury 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

380,586

 

1,281,056

1.6560 GBP

 

1.6570 GBP

1.6210 GBP

 

1.6190 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 Long

 

 

 

Decrease Short

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Increase Long

 

 

 

Increase Short

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Opening a Long Position

 

 

Opening a Short Position

 

 

220

1,342

15,040

 

21,967

719

572,671

7,029

42,739

24,000

7,046

89

193,124

41,126

26,329

75,570

6,494

8,435

683

100,000

665

2,602

1,026

 

147

2,496

1,648

 

6,000

2,356

775

6,153

1,610

104,862

10,569

873

16,472

15,360

10,676

8,557

3,557

2,146

22,664

1

1,230

2,602

1,026

 

4,291

4,291

 

1,480

4,291

4,291

1.6210 GBP

1.6327 GBP

1.6370 GBP

 

1.6264 GBP

1.6310 GBP

1.6313 GBP

1.6326 GBP

1.6330 GBP

1.6342 GBP

1.6404 GBP

1.6408 GBP

1.6415 GBP

1.6417 GBP

1.6429 GBP

1.6442 GBP

1.6456 GBP

1.6487 GBP

1.6490 GBP

1.6499 GBP

1.6521 GBP

32.3509 ZAR

32.8187 ZAR

 

32.1000 ZAR

32.7500 ZAR

33.0800 ZAR

 

1.6250 GBP

1.6271 GBP

1.6330 GBP

1.6331 GBP

1.6341 GBP

1.6350 GBP

1.6357 GBP

1.6361 GBP

1.6371 GBP

1.6372 GBP

1.6385 GBP

1.6435 GBP

1.6446 GBP

1.6448 GBP

1.6456 GBP

1.6460 GBP

1.6560 GBP

32.3509 ZAR

32.8187 ZAR

 

1.6458 GBP

32.5900 ZAR

 

1.6250 GBP

2.0167 ZAR

32.8550 ZAR

 

(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

 

 

 

 

 

 

 

(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)

 

 

 

 

 

 

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

 

 

 

(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:

18 May 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.

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