Form 8.5 (EPT/RI)Cap&Count props plc_replacment

This announcement replaces the previous RNS announcement 5916T released at 10:38 on the 15 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:	14 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	261091	2.625037        GBP	2.53400        GBP
25p ordinary	Sell	317620	2.626970        GBP	2.53400        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	641	2.62578783151326        GBP
25p ordinary	CFD	Long	3287	2.586534        GBP
25p ordinary	CFD	Long	2079	2.591949        GBP
25p ordinary	CFD	Long	19393	2.6045        GBP
25p ordinary	CFD	Long	11359	2.61748833524078        GBP
25p ordinary	CFD	Long	49808	2.5759086589        GBP
25p ordinary	CFD	Long	377	2.622        GBP
25p ordinary	CFD	Long	8750	2.608409        GBP
25p ordinary	CFD	Long	25185	2.625        GBP
25p ordinary	CFD	Long	426	2.584747        GBP
25p ordinary	CFD	Long	20583	2.62500024291891        GBP
25p ordinary	CFD	Long	1977	2.583185        GBP
25p ordinary	CFD	Long	7443	2.590141        GBP
25p ordinary	CFD	Long	1512	2.57524471        GBP
25p ordinary	CFD	Long	12050	2.60670954        GBP
25p ordinary	CFD	Short	25	2.5909        GBP
25p ordinary	CFD	Short	1977	2.583185        GBP
25p ordinary	CFD	Short	6325	2.57926956521739        GBP
25p ordinary	CFD	Short	4662	2.57997211497211        GBP
25p ordinary	CFD	Short	2013	2.57912568306011        GBP
25p ordinary	CFD	Short	14846	2.618215        GBP
25p ordinary	CFD	Short	147	2.584747        GBP
25p ordinary	CFD	Short	24	2.572643        GBP
25p ordinary	CFD	Short	27	2.554144        GBP
25p ordinary	CFD	Short	33	2.573257        GBP
25p ordinary	CFD	Short	117	2.581129        GBP
25p ordinary	CFD	Short	201	2.540294        GBP
25p ordinary	CFD	Short	352	2.57697        GBP
25p ordinary	CFD	Short	1990	2.602869        GBP
25p ordinary	CFD	Short	279	2.584747        GBP
25p ordinary	CFD	Short	7443	2.590141        GBP
25p ordinary	CFD	Short	912	2.6193114        GBP
25p ordinary	CFD	Short	8474	2.5983        GBP
25p ordinary	CFD	Short	30233	2.5886587066        GBP
25p ordinary	CFD	Short	20079	2.5912489        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:	18 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.