⌘K
t
J.P. Morgan Securities Plc, an exempt principal trader and corporate broker to Unite Group plc, disclosed public dealings under Rule 8.5 of the Takeover Code on 28 January 2026 for transactions undertaken on 27 January 2026. The firm purchased 340,049 Unite Group plc 25p ordinary shares at prices ranging from 5.5700 GBP to 5.7000 GBP, and sold 416,275 shares between 5.5800 GBP and 5.7000 GBP. Additionally, J.P. Morgan Securities Plc engaged in various cash-settled equity swap transactions referencing Unite Group plc 25p ordinary shares, with prices between 5.5770 GBP and 5.6988 GBP.
| Date | 28 Jan 2026 |
| Time | 11:24:15 |
| Category | Holding(s) in company |
| ID | 7540Q |
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 |
Unite Group plc, The |
|
(c) Name of the party to the offer with which exempt principal trader is connected: |
Corporate Broker to Unite Group plc, The |
|
(d) Date dealing undertaken: |
27 January 2026 |
|
(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, Empiric Student Property 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 |
|
25p ordinary |
Purchase |
340,049 |
5.7000 GBP |
5.5700 GBP |
Sale |
|
|
|
(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 |
Equity Swap |
Decrease Long |
100 |
5.5901 GBP |
|
|
|
1,134 |
5.6428 GBP |
|
|
|
|
667 |
5.6429 GBP |
|
|
|
|
2 |
5.6456 GBP |
|
|
|
|
8,101 |
5.6552 GBP |
|
|
|
|
339 |
5.6600 GBP |
|
|
|
|
1 |
5.6606 GBP |
|
|
|
|
824 |
5.6607 GBP |
|
|
|
|
142 |
5.6610 GBP |
|
|
|
|
2,549 |
5.6988 GBP |
|
|
|
|
|
||
|
|
|
6,076 |
5.6564 GBP |
|
|
|
|
237,196 |
5.6590 GBP |
|
|
|
|
3,738 |
5.6598 GBP |
|
|
|
|
|
||
|
|
|
17,514 |
5.6271 GBP |
|
|
|
|
10,714 |
5.6313 GBP |
|
|
|
|
141 |
5.6335 GBP |
|
|
|
|
7,400 |
5.6533 GBP |
|
|
|
|
536 |
5.6540 GBP |
|
|
|
|
500 |
5.6546 GBP |
|
|
|
|
287 |
5.6596 GBP |
|
|
|
|
|
||
|
|
|
300 |
5.6017 GBP |
|
|
|
|
13,834 |
5.6043 GBP |
|
|
|
|
2,016 |
5.6401 GBP |
|
|
|
|
5,194 |
5.6549 GBP |
|
|
|
|
4,700 |
5.6585 GBP |
|
|
|
|
9,474 |
5.6588 GBP |
|
|
|
|
31 |
5.6603 GBP |
|
|
|
|
267 |
5.6655 GBP |
|
|
|
|
|
||
|
|
|
10,919 |
5.6530 GBP |
|
|
|
|
878 |
5.6548 GBP |
|
|
|
|
23,773 |
5.6600 GBP |
|
|
|
|
|
||
|
|
|
395 |
5.6178 GBP |
|
|
|
|
8,006 |
5.6303 GBP |
|
|
|
|
4,779 |
5.6335 GBP |
|
|
|
|
3,702 |
5.6550 GBP |
|
|
|
|
13,486 |
5.6600 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: |
28 January 2026 |
Contact name: |
Hetvi Shah |
Telephone number: |
44 2034 936359 |
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.