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| Date | 26 May 2023 |
| Time | 11:37:20 |
| Category | Holding(s) in company |
| ID | 8373A |
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
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(a) Name of exempt principal trader: |
J.P. Morgan Securities Plc |
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(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 |
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(c) Name of the party to the offer with which exempt principal trader is connected: |
Financial advisor and corporate broker to LondonMetric Property plc |
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(d) Date dealing undertaken: |
25 May 2023 |
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(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, CT Property Trust Limited |
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 |
|
10p ordinary |
Purchase
Sale |
638,103
811,082 |
1.7776 GBP
1.7773 GBP |
1.7350 GBP
1.7350 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 |
|
10p ordinary |
Equity Swap |
Decrease Long
Decrease Short
Increase Long
Increase Short
|
1,103 167,857 17,683 1,203 12,901 703 4,014 62,079 6,118 5,315 961 1,008
645 13,061 15,726 1 1
1,997 44,037 144,269 5,053 2,823 875 1,769 250,250
13,061 400 18,772 959 4 |
1.7370 GBP 1.7400 GBP 1.7401 GBP 1.7451 GBP 1.7532 GBP 1.7555 GBP 1.7563 GBP 1.7572 GBP 1.7574 GBP 1.7578 GBP 1.7601 GBP 1.7620 GBP
1.7352 GBP 1.7398 GBP 1.7400 GBP 1.7590 GBP 1.7610 GBP
1.7360 GBP 1.7399 GBP 1.7400 GBP 1.7416 GBP 1.7559 GBP 1.7620 GBP 1.7699 GBP 1.7701 GBP
1.7400 GBP 1.7402 GBP 1.7404 GBP 1.7501 GBP 1.7597 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
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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)
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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
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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" |
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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 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" |
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None
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Date of disclosure: |
26 May 2023 |
Contact name: |
Natasha Mondon |
Telephone number: |
01202 325175 |
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.