Form 8.5 (EPT/RI) | RNS | Ticker

Form 8.5 (EPT/RI)

RNS Announcement

RNS Number : 3435R

Bank of America Merrill Lynch

28 October 2019

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:

Bank of America Merrill Lynch

(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:

25/10/2019

(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"

N/A

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
Common - ISIN GB00B62G9D36	Purchase	369,565	2.64 GBP	2.563 GBP
Common - ISIN GB00B62G9D36	Sale	91,946	2.612 GBP	2.585 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
Common - ISIN GB00B62G9D36	Swaps	Closing a Long Position	138	2.62 GBP
Common - ISIN GB00B62G9D36	Swaps	Reducing a short position	4,887	2.602 GBP
Common - ISIN GB00B62G9D36	Swaps	Reducing a long position	19,567	2.607 GBP
Common - ISIN GB00B62G9D36	Swaps	Closing a Short Position	503	2.599 GBP
Common - ISIN GB00B62G9D36	Swaps	Opening a Short position	503	2.62 GBP
Common - ISIN GB00B62G9D36	Swaps	Opening a Short position	3,696	2.612 GBP
Common - ISIN GB00B62G9D36	Swaps	Increasing a long position	22,403	2.605 GBP
Common - ISIN GB00B62G9D36	Swaps	Reducing a long position	369	2.612 GBP
Common - ISIN GB00B62G9D36	Swaps	Increasing a short position	35,990	2.604 GBP
Common - ISIN GB00B62G9D36	Swaps	Opening a long position	138	2.598 GBP
Common - ISIN GB00B62G9D36	Swaps	Reducing a short position	1,527	2.602 GBP
Common - ISIN GB00B62G9D36	Swaps	Reducing a long position	4,485	2.603 GBP
Common - ISIN GB00B62G9D36	Swaps	Reducing a long position	74,826	2.607 GBP
Common - ISIN GB00B62G9D36	Swaps	Reducing a long position	9,890	2.607 GBP
Common - ISIN GB00B62G9D36	Swaps	Reducing a long position	12,604	2.612 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
N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

(ii)

Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise Price per unit
N/A	N/A	N/A	N/A	N/A

(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)
N/A	N/A	N/A	N/A

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:	28/10/2019
Contact name:	Tolu Tade
Telephone number:	+44207 996 3410

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

END

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RNS metadata

Title: Form 8.5 (EPT/RI)
Time: 11:19:36
Date: 28 Oct 2019
Category: Holding(s) in company
ID: 3435R