14 Nov 2019 10:57
This announcement replaces the previous RNS announcement 1329T released at 11:49 on the 12 November 2019. Amendment made to section 2(a)&(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 & Counties Properties plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Capital & Counties Properties plc |
(d) Date dealing undertaken: | 11 November 2019 |
(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" | No |
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
| 374861 | 2.49900 GBP | 2.444501 GBP |
25p ordinary | Sell
| 206611 | 2.49841 GBP | 2.44000 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 | 276546 | 3.640 GBP |
25p ordinary | CFD
| Long | 12744 | 2.4972 GBP |
25p ordinary | CFD
| Long | 28 | 2.44 GBP |
25p ordinary | CFD
| Long | 485 | 3.693760 GBP |
25p ordinary | CFD
| Long | 1438 | 3.652646 GBP |
25p ordinary | CFD
| Long | 2239 | 2.492126125 GBP |
25p ordinary | CFD
| Long | 1348 | 2.4596962721 GBP |
25p ordinary | CFD
| Long | 11552 | 2.498411 GBP |
25p ordinary | CFD
| Long | 7883 | 2.48852721045287 GBP |
25p ordinary | CFD
| Long | 274 | 2.4977 GBP |
25p ordinary | CFD
| Long | 4027 | 2.487755 GBP |
25p ordinary | CFD
| Long | 75 | 2.4823 GBP |
25p ordinary | CFD
| Long | 14975 | 2.48218497495826 GBP |
25p ordinary | CFD
| Long | 966 | 2.48804347826087 GBP |
25p ordinary | CFD
| Long | 59 | 2.49779661016949 GBP |
25p ordinary | CFD
| Short | 1438 | 3.650646 GBP |
25p ordinary | CFD
| Short | 6689 | 2.48659 GBP |
25p ordinary | CFD
| Short | 8675 | 3.21336414049568 USD |
25p ordinary | CFD
| Short | 485 | 47.407748 ZAR |
25p ordinary | CFD
| Short | 8675 | 3.21336414 USD |
25p ordinary | CFD
| Short | 25594 | 2.4802 GBP |
25p ordinary | CFD
| Short | 50000 | 2.498437 GBP |
25p ordinary | CFD
| Short | 276546 | 3.652645 GBP
|
25p ordinary | CFD
| Short | 23660 | 2.482 GBP |
25p ordinary | CFD
| Short | 13254 | 2.48843197 GBP |
25p ordinary | CFD
| Short | 68546 | 2.4980386584 GBP |
25p ordinary | CFD
| Short | 32078 | 2.4881931587 GBP |
25p ordinary | CFD
| Short | 1671 | 2.499001 GBP |
25p ordinary | CFD
| Short | 37 | 2.48181081 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: | 14 November 2019 |
| Contact name: | Wendy Dent |
| Telephone number: | +44 (0)207 568 1245 |
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.