Form 8.5 (EPT/RI) - Capital & Counties Prop 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:	06 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	252494	2.510000       GBP	2.49800        GBP
25p ordinary	Sell	260108	2.518400      GBP	2.49800        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	3033	2.506        GBP
25p ordinary	CFD	Long	1198	2.510196        GBP
25p ordinary	CFD	Long	9883	2.51        GBP
25p ordinary	CFD	Long	19153	2.519929        GBP
25p ordinary	CFD	Long	4642	2.51840370529944        GBP
25p ordinary	CFD	Long	6395	2.50834558248632        GBP
25p ordinary	CFD	Long	11963	2.50675415865586        GBP
25p ordinary	CFD	Long	26349	2.50436384682531        GBP
25p ordinary	CFD	Long	942	2.50349044585987        GBP
25p ordinary	CFD	Long	12367	2.505134        GBP
25p ordinary	CFD	Long	1866	2.491658        GBP
25p ordinary	CFD	Long	139	2.50402877697842        GBP
25p ordinary	CFD	Long	8019	2.508846        GBP
25p ordinary	CFD	Long	105	2.50561904761905        GBP
25p ordinary	CFD	Long	1898	2.50582718651212        GBP
25p ordinary	CFD	Short	6082	2.506368        GBP
25p ordinary	CFD	Short	30940	2.50379        GBP
25p ordinary	CFD	Short	454	2.503107        GBP
25p ordinary	CFD	Short	2337	2.505598        GBP
25p ordinary	CFD	Short	37	2.502345        GBP
25p ordinary	CFD	Short	47	2.505543        GBP
25p ordinary	CFD	Short	55	2.502099        GBP
25p ordinary	CFD	Short	63	2.50424        GBP
25p ordinary	CFD	Short	148	2.5057502272973        GBP
25p ordinary	CFD	Short	291	2.509451        GBP
25p ordinary	CFD	Short	1609	2.50514643878807        GBP
25p ordinary	CFD	Short	2625	2.508677        GBP
25p ordinary	CFD	Short	2000	2.5        GBP
25p ordinary	CFD	Short	139	2.50402877697842        GBP
25p ordinary	CFD	Short	1012	2.5071        GBP
25p ordinary	CFD	Short	328	2.502353        GBP
25p ordinary	CFD	Short	2736	2.51        GBP
25p ordinary	CFD	Short	19153	2.519929        GBP
25p ordinary	CFD	Short	232	2.506897        GBP
25p ordinary	CFD	Short	1866	2.491658        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:	07 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.