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Barclays Capital Securities Ltd, an exempt principal trader, filed a Rule 8.5 disclosure on 24 January 2023 detailing its positions and dealings in Capital & Counties Properties PLC and Shaftesbury PLC. As of 23 January 2023, the firm held a total interest of 16,894,042 (1.98%) and total short positions of 15,390,354 (1.81%) in Capital & Counties Properties PLC 25p ordinary shares. Dealings on 23 January 2023 included the purchase of 329,791 shares at prices up to 1.1160 GBP and the sale of 288,643 shares at prices up to 1.1161 GBP, alongside various cash-settled derivative transactions.
| Date | 24 Jan 2023 |
| Time | 10:50:40 |
| Category | Holding(s) in company |
| ID | 7053N |
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FORM 8.5 (EPT/NON-RI) |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN |
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EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS |
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(OR WHERE RI STATUS IS NOT APPLICABLE) |
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Rule 8.5 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Name of exempt principal trader: |
BARCLAYS CAPITAL SECURITIES LTD |
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(b) |
Name of offeror/offeree in relation to whose |
CAPITAL & COUNTIES PROPERTIES PLC |
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(c) |
Name of the party to the offer with which exempt |
Capital & Counties Properties plc |
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(d) |
Date position held/dealing undertaken: |
23 Jan 2023 |
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(e) |
In addition to the company in 1(b) above, is the exempt principal |
YES: |
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2. |
POSITIONS OF THE EXEMPT PRINCIPAL TRADER |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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to which the disclosure relates following the dealing (if any) |
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Class of relevant security: |
25p ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) Relevant securities owned and/or controlled: |
9,598,407 |
1.13% |
7,198,055 |
0.85% |
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(2) Cash-settled derivatives: |
7,295,635 |
0.86% |
8,192,299 |
0.96% |
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(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
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16,894,042 |
1.98% |
15,390,354 |
1.81% |
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(b) |
Rights to subscribe for new securities (including directors and other executive options) |
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Class of relevant security in relation to |
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Details, including nature of the rights |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
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(a) |
Purchase and sales |
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Class of relevant |
Purchase/sale |
Total number of |
Highest price per unit |
Lowest price per unit |
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25p ordinary |
Purchase |
329791 |
1.1160 GBP |
1.1018 GBP |
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25p ordinary |
Sale |
288643 |
1.1161 GBP |
1.1010 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product description |
Nature of dealing |
Number of |
Price per |
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25p ordinary |
SWAP |
Decreasing Long |
1 |
1.1150 GBP |
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25p ordinary |
SWAP |
Decreasing Long |
4 |
1.1080 GBP |
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25p ordinary |
CFD |
Decreasing Long |
5,334 |
1.1161 GBP |
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25p ordinary |
SWAP |
Decreasing Long |
9,567 |
1.1101 GBP |
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25p ordinary |
CFD |
Decreasing Long |
10,116 |
1.1086 GBP |
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25p ordinary |
SWAP |
Decreasing Long |
12,496 |
23.5449 ZAR |
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25p ordinary |
CFD |
Decreasing Long |
16,731 |
1.1080 GBP |
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25p ordinary |
SWAP |
Decreasing Long |
32,099 |
1.1074 GBP |
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25p ordinary |
SWAP |
Decreasing Long |
32,876 |
1.1086 GBP |
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25p ordinary |
SWAP |
Decreasing Short |
275 |
1.1080 GBP |
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25p ordinary |
CFD |
Decreasing Short |
289 |
23.5005 ZAR |
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25p ordinary |
SWAP |
Decreasing Short |
1,499 |
1.1116 GBP |
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25p ordinary |
CFD |
Decreasing Short |
3,637 |
23.4847 ZAR |
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25p ordinary |
CFD |
Decreasing Short |
12,496 |
23.5378 ZAR |
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25p ordinary |
SWAP |
Decreasing Short |
17,000 |
1.1083 GBP |
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25p ordinary |
SWAP |
Decreasing Short |
19,118 |
1.1103 GBP |
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25p ordinary |
CFD |
Increasing Long |
1 |
1.1100 GBP |
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25p ordinary |
SWAP |
Increasing Long |
48 |
1.1360 GBP |
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25p ordinary |
SWAP |
Increasing Long |
757 |
1.1150 GBP |
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25p ordinary |
SWAP |
Increasing Long |
1,559 |
1.1080 GBP |
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25p ordinary |
SWAP |
Increasing Long |
2,273 |
1.1093 GBP |
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25p ordinary |
SWAP |
Increasing Long |
2,379 |
1.1088 GBP |
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25p ordinary |
CFD |
Increasing Long |
4,505 |
1.1048 GBP |
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25p ordinary |
CFD |
Increasing Long |
20,099 |
1.1093 GBP |
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25p ordinary |
SWAP |
Increasing Long |
22,742 |
23.4888 ZAR |
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25p ordinary |
SWAP |
Increasing Long |
36,750 |
1.1126 GBP |
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25p ordinary |
CFD |
Increasing Short |
22,742 |
23.4959 ZAR |
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25p ordinary |
SWAP |
Opening Short |
40,900 |
1.1128 GBP |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
24 Jan 2023 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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