Last checked at 29 May 2019 10:34
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 | LondonMetric Property plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Corporate Broker and Joint Financial Adviser to LondonMetric Property plc |
(d) Date dealing undertaken: | 28 May 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" | Yes, A&J Mucklow Group 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 |
Ordinary Share
| Purchase
Sale | 1,382,482
1,635,261 | 2.0420 GBP
2.0400 GBP | 2.0200 GBP
2.0180 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 |
Ordinary Share | Equity Swap | Long
Short
| 624 846 5,405 54,517 7,868 28,808 14,256 410,183 17,232 1,846 409 5,343 13,534 28,555
1,399 4,169 62,171 2,795 39,174 22,927 5,805 19,802 1,896 7,795 1,551 15,195 3,296 6,292 74,281 3,863 1,049 8,775 4,410 9,893 4,564 6,506 13,534 2,370 2,946 145 1,655 168 | 2.0190 GBP 2.0230 GBP 2.0239 GBP 2.0240 GBP 2.0260 GBP 2.0266 GBP 2.0288 GBP 2.0309 GBP 2.0318 GBP 2.0330 GBP 2.0340 GBP 2.0345 GBP 2.0346 GBP 2.0352 GBP
2.0221 GBP 2.0222 GBP 2.0240 GBP 2.0256 GBP 2.0273 GBP 2.0300 GBP 2.0301 GBP 2.0318 GBP 2.0319 GBP 2.0320 GBP 2.0321 GBP 2.0325 GBP 2.0335 GBP 2.0336 GBP 2.0337 GBP 2.0340 GBP 2.0341 GBP 2.0347 GBP 2.0350 GBP 2.0351 GBP 2.0352 GBP 2.0353 GBP 2.0356 GBP 2.0360 GBP 2.0361 GBP 2.0377 GBP 2.0379 GBP 2.0383 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: | 29 May 2019 |
| 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.