Form 8.5 (EPT/RI)Cptl & Count Prop plc replacement

This announcement replaces the previous RNS announcement 1426S released at 09:52 on the 04 November 2019. Amendment made to section 2(a)&(b). 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:	01 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	184976	2.56500        GBP	2.53099      GBP
25p ordinary	Sell	237145	2.55881        GBP	2.52000        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	49979	2.5393793443        GBP
25p ordinary	CFD	Long	23663	2.54064744537886        GBP
25p ordinary	CFD	Long	897	2.54018338907469        GBP
25p ordinary	CFD	Long	12719	2.541751        GBP
25p ordinary	CFD	Long	2886	2.54089050589051        GBP
25p ordinary	CFD	Long	136	2.596799        GBP
25p ordinary	CFD	Long	1149	2.53991296779809        GBP
25p ordinary	CFD	Long	1539	2.538        GBP
25p ordinary	CFD	Long	2069	2.543        GBP
25p ordinary	CFD	Long	16381	2.58636        GBP
25p ordinary	CFD	Short	17	2.542461        GBP
25p ordinary	CFD	Short	2717	2.542444        GBP
25p ordinary	CFD	Short	136	2.596801        GBP
25p ordinary	CFD	Short	1525	2.536        GBP
25p ordinary	CFD	Short	16381	2.58636        GBP
25p ordinary	CFD	Short	23918	2.54524416757254        GBP
25p ordinary	CFD	Short	12846	2.54569360112097        GBP
25p ordinary	CFD	Short	6236	2.53972257857601        GBP
25p ordinary	CFD	Short	263	2.5383        GBP
25p ordinary	CFD	Short	314	2.55466        GBP
25p ordinary	CFD	Short	38	2.536254        GBP
25p ordinary	CFD	Short	294	2.543255        GBP
25p ordinary	CFD	Short	388	2.5595        GBP
25p ordinary	CFD	Short	2714	2.542731        GBP
25p ordinary	CFD	Short	392	2.55860281836735        GBP
25p ordinary	CFD	Short	169	2.536127        GBP
25p ordinary	CFD	Short	44	2.541749        GBP
25p ordinary	CFD	Short	106	2.55861822075472        GBP
25p ordinary	CFD	Short	918	2.542611        GBP
25p ordinary	CFD	Short	65	2.54551        GBP
25p ordinary	CFD	Short	85	2.554917        GBP
25p ordinary	CFD	Short	14228	2.543        GBP
25p ordinary	CFD	Short	2200	2.550727        GBP
25p ordinary	CFD	Short	1520	2.551296        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.