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

 

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:	07 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	195836	2.51369931        GBP	2.48700        GBP
25p ordinary	Sell	176947	2.506000        GBP	2.48700        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	2992	2.5        GBP
25p ordinary	CFD	Long	646	2.498668        GBP
25p ordinary	CFD	Long	5693	2.4908        GBP
25p ordinary	CFD	Long	2393	2.498062       GBP
25p ordinary	CFD	Long	1810	2.492752       GBP
25p ordinary	CFD	Long	6471	2.498833       GBP
25p ordinary	CFD	Long	966	2.50114906832298        GBP
25p ordinary	CFD	Long	3034	2.49978905735003        GBP
25p ordinary	CFD	Long	1769	2.502221        GBP
25p ordinary	CFD	Short	2188	2.49873        GBP
25p ordinary	CFD	Short	660	2.503016        GBP
25p ordinary	CFD	Short	481	2.49558105981289        GBP
25p ordinary	CFD	Short	430	2.497018        GBP
25p ordinary	CFD	Short	240	2.498377        GBP
25p ordinary	CFD	Short	42	2.49861        GBP
25p ordinary	CFD	Short	646	2.498668        GBP
25p ordinary	CFD	Short	3033	2.5137        GBP
25p ordinary	CFD	Short	1810	2.492752       GBP
25p ordinary	CFD	Short	1368	2.5040313        GBP
25p ordinary	CFD	Short	9062	2.5        GBP
25p ordinary	CFD	Short	2103	2.498823        GBP
25p ordinary	CFD	Short	2393	2.498062        GBP
25p ordinary	CFD	Short	845	2.503        GBP
25p ordinary	CFD	Short	728	2.4995        GBP
25p ordinary	CFD	Short	58	2.494561        GBP
25p ordinary	CFD	Short	64	2.503027        GBP
25p ordinary	CFD	Short	96	2.49283662666667        GBP
25p ordinary	CFD	Short	495	2.498521        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:	11 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.