20 Feb 2023 08:26
FORM 8.5 (EPT/NON-RI) | |||||||
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN | |||||||
EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS | |||||||
(OR WHERE RI STATUS IS NOT APPLICABLE) | |||||||
Rule 8.5 of the Takeover Code (the "Code") | |||||||
1. | KEY INFORMATION | ||||||
(a) | Name of exempt principal trader: | BARCLAYS CAPITAL SECURITIES LTD | |||||
(b) | Name of offeror/offeree in relation to whose relevant securities this form relates: | 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 position held/dealing undertaken: | 17 Feb 2023 | |||||
(e) | In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer? | YES: SHAFTESBURY PLC | |||||
2. | POSITIONS OF THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree | ||||||
| to which the disclosure relates following the dealing (if any) | ||||||
Class of relevant security: | 25p ordinary | ||||||
Interests | Short Positions | ||||||
Number | (%) | Number | (%) | ||||
(1) Relevant securities owned and/or controlled: | 7,728,041 | 0.91% | 6,180,125 | 0.73% | |||
(2) Cash-settled derivatives: | 6,348,729 | 0.75% | 6,318,493 | 0.74% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 14,076,770 | 1.65% | 12,498,618 | 1.47% | |||
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(b) | Rights to subscribe for new securities (including directors and other executive options) | ||||||
Class of relevant security in relation to which subscription right exists |
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Details, including nature of the rights concerned and relevant percentages: |
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3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchase and sales |
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Class of relevant security | Purchase/sale | Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received | |||
25p ordinary | Purchase | 535174 | 1.2437 GBP | 1.2205 GBP | |||
25p ordinary | Sale | 478336 | 1.2446 GBP | 1.2185 GBP | |||
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(b) | Cash-settled derivative transactions | ||||||
Class of relevant security | Product description | Nature of dealing | Number of reference securities | Price per unit | |||
25p ordinary | CFD | Decreasing Long | 5 | 1.2300 GBP | |||
25p ordinary | SWAP | Decreasing Long | 160 | 26.4800 ZAR | |||
25p ordinary | SWAP | Decreasing Long | 184 | 27.6000 ZAR | |||
25p ordinary | SWAP | Decreasing Long | 256 | 26.9741 ZAR | |||
25p ordinary | SWAP | Decreasing Long | 919 | 27.0113 ZAR | |||
25p ordinary | SWAP | Decreasing Long | 1,874 | 26.9707 ZAR | |||
25p ordinary | SWAP | Decreasing Long | 10,581 | 27.0208 ZAR | |||
25p ordinary | SWAP | Decreasing Long | 11,055 | 27.0307 ZAR | |||
25p ordinary | SWAP | Decreasing Long | 14,502 | 26.8680 ZAR | |||
25p ordinary | CFD | Decreasing Long | 20,887 | 1.2325 GBP | |||
25p ordinary | SWAP | Decreasing Long | 44,315 | 1.2377 GBP | |||
25p ordinary | SWAP | Decreasing Long | 316,309 | 26.9760 ZAR | |||
25p ordinary | CFD | Decreasing Long | 316,309 | 1.2383 GBP | |||
25p ordinary | SWAP | Decreasing Short | 160 | 26.4800 ZAR | |||
25p ordinary | CFD | Decreasing Short | 184 | 27.5923 ZAR | |||
25p ordinary | CFD | Decreasing Short | 200 | 26.4494 ZAR | |||
25p ordinary | CFD | Decreasing Short | 463 | 26.5393 ZAR | |||
25p ordinary | SWAP | Decreasing Short | 5,276 | 1.2258 GBP | |||
25p ordinary | SWAP | Decreasing Short | 7,680 | 1.2288 GBP | |||
25p ordinary | SWAP | Decreasing Short | 10,044 | 1.2286 GBP | |||
25p ordinary | CFD | Decreasing Short | 11,055 | 27.0232 ZAR | |||
25p ordinary | CFD | Decreasing Short | 14,502 | 26.8606 ZAR | |||
25p ordinary | SWAP | Decreasing Short | 24,604 | 1.2320 GBP | |||
25p ordinary | CFD | Decreasing Short | 316,309 | 26.9679 ZAR | |||
25p ordinary | CFD | Increasing Long | 11 | 1.2445 GBP | |||
25p ordinary | SWAP | Increasing Long | 149 | 1.2220 GBP | |||
25p ordinary | SWAP | Increasing Long | 256 | 26.9741 ZAR | |||
25p ordinary | CFD | Increasing Long | 500 | 1.2420 GBP | |||
25p ordinary | SWAP | Increasing Long | 919 | 27.0113 ZAR | |||
25p ordinary | CFD | Increasing Long | 1,182 | 1.2308 GBP | |||
25p ordinary | SWAP | Increasing Long | 1,546 | 1.2250 GBP | |||
25p ordinary | SWAP | Increasing Long | 1,775 | 1.2410 GBP | |||
25p ordinary | SWAP | Increasing Long | 1,796 | 1.2390 GBP | |||
25p ordinary | SWAP | Increasing Long | 1,874 | 26.9707 ZAR | |||
25p ordinary | SWAP | Increasing Long | 2,900 | 1.2288 GBP | |||
25p ordinary | SWAP | Increasing Long | 7,460 | 1.2300 GBP | |||
25p ordinary | CFD | Increasing Long | 8,508 | 1.2232 GBP | |||
25p ordinary | SWAP | Increasing Long | 10,581 | 27.0208 ZAR | |||
25p ordinary | CFD | Increasing Long | 16,902 | 1.2289 GBP | |||
25p ordinary | SWAP | Increasing Long | 36,822 | 1.2293 GBP | |||
25p ordinary | SWAP | Increasing Long | 38,470 | 1.2364 GBP | |||
25p ordinary | SWAP | Increasing Long | 42,055 | 1.2296 GBP | |||
25p ordinary | SWAP | Increasing Long | 53,371 | 1.2289 GBP | |||
25p ordinary | SWAP | Increasing Long | 86,991 | 1.2297 GBP | |||
25p ordinary | SWAP | Opening Long | 20 | 1.2223 GBP | |||
25p ordinary | SWAP | Opening Long | 212 | 1.2288 GBP | |||
25p ordinary | SWAP | Opening Long | 1,142 | 1.2318 GBP | |||
25p ordinary | SWAP | Opening Long | 9,921 | 1.2286 GBP | |||
25p ordinary | SWAP | Opening Long | 29,715 | 1.2319 GBP | |||
25p ordinary | SWAP | Opening Short | 893 | 1.2378 GBP | |||
25p ordinary | SWAP | Opening Short | 27,249 | 1.2268 GBP | |||
25p ordinary | SWAP | Opening Short | 32,500 | 1.2411 GBP | |||
25p ordinary | SWAP | Opening Short | 62,000 | 1.2345 GBP | |||
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(c) | Stock-settled derivative transactions (including options) | ||||||
(i) | Writing, selling, purchasing or varying | ||||||
Class of relevant security | Product description | Writing, purchasing, selling, varying etc | Number of securities to which option relates | Exercise price per unit | Type | Expiry date | Option money paid/ received per unit |
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(ii) | Exercising |
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Class of relevant security | Product description | 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 Dealings | Details | Price per unit (if applicable) | ||||
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings 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: | |||||||
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 of future acquisition or disposal of any relevant securities to which any derivative is referenced: | |||||||
NONE | |||||||
(c) | Attachments | ||||||
Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 20 Feb 2023 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||