AMENDMENT
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: | 9 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 | 3,788,327
4,268,561 | 1.6410 GBP
1.6310 GBP | 1.5350 GBP
1.5180 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 short position | 1,866 5 84,184 11,118 235,115 61,441 1,368 11,478 18,135 5,004 1,576 97 6,870 6,844 63,676 28,090 2,700 58,654 942 7,965 485 19,089
15,038 92 2,247 2,590 425 4,571 488,682 198 100,305 14,378 543 2,168 202,501 1,746 43,488 416 326 4,513 40,186 290,614 31,653 5,077 233 1,255 287 4,608 845 6,009 6,446 62,115 4,555 2,809 2 1,194 32,161 269 4 10,920 2,124 6,844 28,090 2,700 58,751
24,395 113,238 10,000 96,360 297,682 44 2,929 593 11,478 6,408 9,853 9,971 60,624 4,802 2,199 1,263 10,494 622 16,016 16,507 34,345
142,245 4,695 163,259 1 593 2,050 4,989 38,958 26,167 11,291 11,688 50 12,245 1,194 59,991 2,929 2,124 60,875
100,000 250,000 250,000 | 1.5402 GBP 1.5467 GBP 1.5537 GBP 1.5738 GBP 1.6007 GBP 1.6073 GBP 1.6210 GBP 31.1439 ZAR 31.2000 ZAR 31.2105 ZAR 31.2883 ZAR 31.3003 ZAR 31.5270 ZAR 31.5338 ZAR 31.5862 ZAR 31.5977 ZAR 31.6700 ZAR 31.6822 ZAR 31.9647 ZAR 31.9949 ZAR 31.9958 ZAR 32.0477 ZAR
1.5400 GBP 1.5515 GBP 1.5549 GBP 1.5569 GBP 1.5598 GBP 1.5601 GBP 1.5636 GBP 1.5638 GBP 1.5669 GBP 1.5670 GBP 1.5680 GBP 1.5690 GBP 1.5700 GBP 1.5705 GBP 1.5708 GBP 1.5710 GBP 1.5711 GBP 1.5767 GBP 1.5791 GBP 1.5816 GBP 1.5819 GBP 1.5851 GBP 1.5856 GBP 1.5868 GBP 1.5875 GBP 1.5899 GBP 1.5900 GBP 1.5918 GBP 1.5954 GBP 1.5973 GBP 1.5996 GBP 1.6000 GBP 1.6009 GBP 1.6030 GBP 1.6037 GBP 1.6180 GBP 1.6289 GBP 31.1959 ZAR 31.4500 ZAR 31.5338 ZAR 31.5977 ZAR 31.6694 ZAR 31.6811 ZAR
1.5644 GBP 1.5692 GBP 1.5805 GBP 1.5857 GBP 1.5942 GBP 1.5990 GBP 30.7835 ZAR 31.0100 ZAR 31.0956 ZAR 31.1700 ZAR 31.1901 ZAR 31.3193 ZAR 31.6189 ZAR 31.7476 ZAR 31.8591 ZAR 31.8800 ZAR 31.8940 ZAR 31.9083 ZAR 31.9269 ZAR 31.9659 ZAR 32.0117 ZAR
1.5400 GBP 1.5401 GBP 1.5491 GBP 1.5560 GBP 1.5656 GBP 1.5660 GBP 1.5780 GBP 1.5804 GBP 1.5829 GBP 1.5845 GBP 1.5851 GBP 1.5930 GBP 1.5931 GBP 1.6030 GBP 1.6065 GBP 30.7835 ZAR 31.4500 ZAR 31.8549 ZAR
1.5414 GBP 1.5684 GBP 1.5958 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 |
|
|
|
|
|
|
(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: | 19 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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