Form 8.5 (EPT/RI) - Cptl & Counties Properties plc

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:	04 November 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	352395	2.57950       GBP	2.53861        GBP
25p ordinary	Sell	296994	2.57950       GBP	2.54650        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	676	2.579        GBP
25p ordinary	CFD	Long	36564	2.56281231539219        GBP
25p ordinary	CFD	Long	1385	2.56267906137184        GBP
25p ordinary	CFD	Long	23034	2.563942        GBP
25p ordinary	CFD	Long	5201	2.565        GBP
25p ordinary	CFD	Long	513	2.57637        GBP
25p ordinary	CFD	Long	9483	2.547399        GBP
25p ordinary	CFD	Short	5	2.562856        GBP
25p ordinary	CFD	Short	571	2.560562        GBP
25p ordinary	CFD	Short	550	2.562317        GBP
25p ordinary	CFD	Short	430	2.556274        GBP
25p ordinary	CFD	Short	142	2.56423105239437        GBP
25p ordinary	CFD	Short	76	2.560256        GBP
25p ordinary	CFD	Short	48	2.554223        GBP
25p ordinary	CFD	Short	114	2.564243        GBP
25p ordinary	CFD	Short	45292	2.556105        GBP
25p ordinary	CFD	Short	4060	2.559655        GBP
25p ordinary	CFD	Short	4359	2.560335        GBP
25p ordinary	CFD	Short	738	2.564736        GBP
25p ordinary	CFD	Short	219	2.562332        GBP
25p ordinary	CFD	Short	107	2.55722        GBP
25p ordinary	CFD	Short	81	2.56419540641975        GBP
25p ordinary	CFD	Short	2	2.558256        GBP
25p ordinary	CFD	Short	513	2.545654        GBP
25p ordinary	CFD	Short	82	2.5622        GBP
25p ordinary	CFD	Short	26929	2.55448958372015        GBP
25p ordinary	CFD	Short	13071	2.55760921123097        GBP
25p ordinary	CFD	Short	1520	2.538606        GBP
25p ordinary	CFD	Short	9483	2.547399        GBP
25p ordinary	CFD	Short	14426	2.565        GBP
25p ordinary	CFD	Short	39	2.562704        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:	05 November 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.