Form 8.5 (EPT/RI)Cptl & Count Prop plcReplacement

This announcement replaces the previous RNS announcement 4941R released at 11:37 on the 29 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:	28 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	1221545	2.63133        GBP	2.60210        GBP
25p ordinary	Sell	1205059	2.63133        GBP	2.60300        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	11563	2.624164        GBP
25p ordinary	CFD	Long	657	2.616        GBP
25p ordinary	CFD	Long	7780	2.611338        GBP
25p ordinary	CFD	Long	1004	2.6156140438247        GBP
25p ordinary	CFD	Long	24327	2.61561663998849        GBP
25p ordinary	CFD	Long	992595	2.612        GBP
25p ordinary	CFD	Long	615	2.611889        GBP
25p ordinary	CFD	Long	1079	2.623375       GBP
25p ordinary	CFD	Short	1034	2.621962        GBP
25p ordinary	CFD	Short	806	2.614099        GBP
25p ordinary	CFD	Short	332	2.612293        GBP
25p ordinary	CFD	Short	7512	2.618658        GBP
25p ordinary	CFD	Short	1	2.607197        GBP
25p ordinary	CFD	Short	564	2.612281        GBP
25p ordinary	CFD	Short	19232	2.602105        GBP
25p ordinary	CFD	Short	197	2.615292        GBP
25p ordinary	CFD	Short	429	2.617186        GBP
25p ordinary	CFD	Short	615	2.611888        GBP
25p ordinary	CFD	Short	3770	2.623        GBP
25p ordinary	CFD	Short	9828	2.618729        GBP
25p ordinary	CFD	Short	1483	2.6235        GBP
25p ordinary	CFD	Short	26732	2.61730544        GBP
25p ordinary	CFD	Short	7780	2.611338        GBP
25p ordinary	CFD	Short	600	2.620333        GBP
25p ordinary	CFD	Short	622	2.623137        GBP
25p ordinary	CFD	Short	992595	2.612        GBP
25p ordinary	CFD	Short	369	2.61        GBP
25p ordinary	CFD	Short	432	2.607        GBP
25p ordinary	CFD	Short	119	2.6125        GBP
25p ordinary	CFD	Short	1	2.621262        GBP
25p ordinary	CFD	Short	732	2.617174        GBP
25p ordinary	CFD	Short	332	2.615289        GBP
25p ordinary	CFD	Short	1756	2.621971        GBP
25p ordinary	CFD	Short	473	2.61408        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:	30 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.