Form 8.5 (EPT/RI)Cap&count props_Replacement

This announcement replaces the previous RNS announcement 1329T released at 11:49 on the 12 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:	11 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	374861	2.49900      GBP	2.444501        GBP
25p ordinary	Sell	206611	2.49841      GBP	2.44000        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	276546	3.640      GBP
25p ordinary	CFD	Long	12744	2.4972     GBP
25p ordinary	CFD	Long	28	2.44        GBP
25p ordinary	CFD	Long	485	3.693760 GBP
25p ordinary	CFD	Long	1438	3.652646 GBP
25p ordinary	CFD	Long	2239	2.492126125        GBP
25p ordinary	CFD	Long	1348	2.4596962721        GBP
25p ordinary	CFD	Long	11552	2.498411   GBP
25p ordinary	CFD	Long	7883	2.48852721045287        GBP
25p ordinary	CFD	Long	274	2.4977       GBP
25p ordinary	CFD	Long	4027	2.487755    GBP
25p ordinary	CFD	Long	75	2.4823        GBP
25p ordinary	CFD	Long	14975	2.48218497495826        GBP
25p ordinary	CFD	Long	966	2.48804347826087        GBP
25p ordinary	CFD	Long	59	2.49779661016949        GBP
25p ordinary	CFD	Short	1438	3.650646 GBP
25p ordinary	CFD	Short	6689	2.48659        GBP
25p ordinary	CFD	Short	8675	3.21336414049568        USD
25p ordinary	CFD	Short	485	47.407748        ZAR
25p ordinary	CFD	Short	8675	3.21336414        USD
25p ordinary	CFD	Short	25594	2.4802        GBP
25p ordinary	CFD	Short	50000	2.498437        GBP
25p ordinary	CFD	Short	276546	3.652645 GBP
25p ordinary	CFD	Short	23660	2.482        GBP
25p ordinary	CFD	Short	13254	2.48843197        GBP
25p ordinary	CFD	Short	68546	2.4980386584        GBP
25p ordinary	CFD	Short	32078	2.4881931587        GBP
25p ordinary	CFD	Short	1671	2.499001        GBP
25p ordinary	CFD	Short	37	2.48181081        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:	14 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.