30 Oct 2019 12:02
This announcement replaces the previous RNS announcement 4941R released at 11:37 on the 29 October 2019. Amendment made to section 2(a). 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
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(d) Date dealing undertaken: | 28 October 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
| 1221545 | 2.63133 GBP | 2.60210 GBP |
25p ordinary | Sell
| 1205059 | 2.63133 GBP | 2.60300 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 | 11563 | 2.624164 GBP |
25p ordinary | CFD
| Long | 657 | 2.616 GBP |
25p ordinary | CFD
| Long | 7780 | 2.611338 GBP |
25p ordinary | CFD
| Long | 1004 | 2.6156140438247 GBP |
25p ordinary | CFD
| Long | 24327 | 2.61561663998849 GBP |
25p ordinary | CFD
| Long | 992595 | 2.612 GBP |
25p ordinary | CFD
| Long | 615 | 2.611889 GBP |
25p ordinary | CFD
| Long | 1079 | 2.623375 GBP |
25p ordinary | CFD
| Short | 1034 | 2.621962 GBP |
25p ordinary | CFD
| Short | 806 | 2.614099 GBP |
25p ordinary | CFD
| Short | 332 | 2.612293 GBP |
25p ordinary | CFD
| Short | 7512 | 2.618658 GBP |
25p ordinary | CFD
| Short | 1 | 2.607197 GBP |
25p ordinary | CFD
| Short | 564 | 2.612281 GBP |
25p ordinary | CFD
| Short | 19232 | 2.602105 GBP |
25p ordinary | CFD
| Short | 197 | 2.615292 GBP |
25p ordinary | CFD
| Short | 429 | 2.617186 GBP |
25p ordinary | CFD
| Short | 615 | 2.611888 GBP |
25p ordinary | CFD
| Short | 3770 | 2.623 GBP |
25p ordinary | CFD
| Short | 9828 | 2.618729 GBP |
25p ordinary | CFD
| Short | 1483 | 2.6235 GBP |
25p ordinary | CFD
| Short | 26732 | 2.61730544 GBP |
25p ordinary | CFD
| Short | 7780 | 2.611338 GBP |
25p ordinary | CFD
| Short | 600 | 2.620333 GBP |
25p ordinary | CFD
| Short | 622 | 2.623137 GBP |
25p ordinary | CFD
| Short | 992595 | 2.612 GBP |
25p ordinary | CFD
| Short | 369 | 2.61 GBP |
25p ordinary | CFD
| Short | 432 | 2.607 GBP |
25p ordinary | CFD
| Short | 119 | 2.6125 GBP |
25p ordinary | CFD
| Short | 1 | 2.621262 GBP |
25p ordinary | CFD
| Short | 732 | 2.617174 GBP |
25p ordinary | CFD
| Short | 332 | 2.615289 GBP |
25p ordinary | CFD
| Short | 1756 | 2.621971 GBP |
25p ordinary | CFD
| Short | 473 | 2.61408 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 |
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(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 |
| Date of disclosure: | 30 October 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.