Form 8.5 (EPT/RI) Cptl & Prop Counties Replacement

 

This announcement replaces the previous RNS announcement 7250Q released at 11:59 on the 22 October 2019. Amendment made to section 2(a). All other information remains unchanged.

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:	UBS Investment Bank, London
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	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 dealing undertaken:	21 October 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"	No

 

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	Buy	3153328	2.71450 GBP	2.64550        GBP
25p ordinary	Sell	499392	2.71450 GBP	2.63900        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
25p ordinary	CFD	Long	16391	2.699675        GBP
25p ordinary	CFD	Long	1435	2.697459        GBP
25p ordinary	CFD	Long	17029	2.705        GBP
25p ordinary	CFD	Long	9189	2.686903        GBP
25p ordinary	CFD	Long	5000	2.6506866        GBP
25p ordinary	CFD	Long	29952	2.70149472489316        GBP
25p ordinary	CFD	Long	21342	2.68989644831787        GBP
25p ordinary	CFD	Long	36363	2.701049        GBP
25p ordinary	CFD	Long	1214	2.69917133        GBP
25p ordinary	CFD	Long	4205	2.70479429250892        GBP
25p ordinary	CFD	Long	5939	2.722686765 GBP
25p ordinary	CFD	Long	3754	2.70479488545551        GBP
25p ordinary	CFD	Long	2047	2.718357793 GBP
25p ordinary	CFD	Long	35858	2.70135952925428        GBP
25p ordinary	CFD	Long	9304	2.70541906706793        GBP
25p ordinary	CFD	Long	494	2.7073987854251        GBP
25p ordinary	CFD	Long	445	2.706        GBP
25p ordinary	CFD	Short	3606	2.694059        GBP
25p ordinary	CFD	Short	532	2.706830297 GBP
25p ordinary	CFD	Short	887	2.691708        GBP
25p ordinary	CFD	Short	678	2.702715        GBP
25p ordinary	CFD	Short	374	2.70465894625668        GBP
25p ordinary	CFD	Short	338	2.6992        GBP
25p ordinary	CFD	Short	462	2.70499506480519        GBP
25p ordinary	CFD	Short	1515	2.722408068 GBP
25p ordinary	CFD	Short	30000	2.7045        GBP
25p ordinary	CFD	Short	70000	2.6894        GBP
25p ordinary	CFD	Short	70000	2.7019        GBP
25p ordinary	CFD	Short	50000	2.7028        GBP
25p ordinary	CFD	Short	2451169	2.7095        GBP
25p ordinary	CFD	Short	342	2.699        GBP
25p ordinary	CFD	Short	30000	2.710758        GBP
25p ordinary	CFD	Short	267	2.689625        GBP
25p ordinary	CFD	Short	2958	2.7043597        GBP
25p ordinary	CFD	Short	158	2.692456        GBP
25p ordinary	CFD	Short	194	2.706945        GBP
25p ordinary	CFD	Short	1214	2.707        GBP
25p ordinary	CFD	Short	101	2.701116        GBP
25p ordinary	CFD	Short	84	2.704011        GBP
25p ordinary	CFD	Short	4175	2.683352        GBP
25p ordinary	CFD	Short	99	2.694347        GBP
25p ordinary	CFD	Short	168	2.701483        GBP
25p ordinary	CFD	Short	225	2.697198        GBP
25p ordinary	CFD	Short	2280	2.6790701754386        GBP
25p ordinary	CFD	Short	2630	2.68503802281369        GBP
25p ordinary	CFD	Short	65090	2.68109617452758        GBP
25p ordinary	CFD	Short	2000	2.6819        GBP
25p ordinary	CFD	Short	5939	2.722686765 GBP
25p ordinary	CFD	Short	6635	2.68746646571213        GBP
25p ordinary	CFD	Short	6843	2.69649568902528        GBP
25p ordinary	CFD	Short	61522	2.69485208543285        GBP
25p ordinary	CFD	Short	650	2.70178        GBP
25p ordinary	CFD	Short	5000	2.6096        GBP
25p ordinary	CFD	Short	1496	2.682723        GBP
25p ordinary	CFD	Short	4032	2.703209        GBP
25p ordinary	CFD	Short	2937	2.704558        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:	23 October 2019
Contact name:	Wendy Dent
Telephone number:	+44 (0)207 568 1245

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]

 

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.