7 Oct 2022 12:03
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 And Counties Properties plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Capital And Counties Properties plc |
(d) Date dealing undertaken: | 06 October 2022 |
(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
| 582097 | 1.04911 GBP | 1.02668 GBP |
25p ordinary | Sell
| 1120064 | 2.08256 GBP | 1.02299 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 | 106466 | 1.049 GBP |
25p ordinary | CFD
| Long | 4650 | 1.03801731182796 GBP |
25p ordinary | CFD
| Long | 2764 | 20.82557164 ZAR |
25p ordinary | CFD
| Long | 5778 | 1.03924022152994 GBP |
25p ordinary | CFD
| Long | 4747 | 1.03923846639983 GBP |
25p ordinary | CFD
| Long | 4960 | 1.03826320564516 GBP |
25p ordinary | CFD
| Long | 196163 | 1.03948 GBP |
25p ordinary | CFD
| Long | 469506 | 1.02974487 GBP |
25p ordinary | CFD
| Long | 14659 | 1.031349 GBP |
25p ordinary | CFD
| Long | 4169 | 1.042103 GBP |
25p ordinary | CFD
| Long | 399 | 1.04029448621554 GBP |
25p ordinary | CFD
| Long | 30969 | 1.04898427 GBP |
25p ordinary | CFD
| Long | 18 | 1.036667 GBP |
25p ordinary | CFD
| Long | 898 | 1.03916481 GBP |
25p ordinary | CFD
| Long | 1596 | 1.042242 GBP |
25p ordinary | CFD
| Long | 106261 | 1.03997612 GBP |
25p ordinary | CFD
| Long | 4258 | 1.038255 GBP |
25p ordinary | CFD
| Long | 7185 | 1.035889 GBP |
25p ordinary | CFD
| Long | 34445 | 1.045664 GBP |
25p ordinary | CFD
| Long | 7896 | 1.040924 GBP |
25p ordinary | CFD
| Long | 2236 | 1.033 GBP |
25p ordinary | CFD
| Long | 3000 | 1.02415666666667 GBP |
25p ordinary | CFD
| Long | 7272 | 1.03837231848185 GBP |
25p ordinary | CFD
| Short | 1025 | 1.03571 GBP |
25p ordinary | CFD
| Short | 2618 | 1.043665 GBP |
25p ordinary | CFD
| Short | 323 | 1.038104 GBP |
25p ordinary | CFD
| Short | 79568 | 1.0325 GBP |
25p ordinary | CFD
| Short | 1918 | 1.0491049 GBP |
25p ordinary | CFD
| Short | 6842 | 1.03062069 GBP |
25p ordinary | CFD
| Short | 891 | 1.035125 GBP |
25p ordinary | CFD
| Short | 8888 | 1.02881633 GBP |
25p ordinary | CFD
| Short | 12382 | 1.03558634 GBP |
25p ordinary | CFD
| Short | 19036 | 1.034211 GBP |
25p ordinary | CFD
| Short | 21641 | 1.036267 GBP |
25p ordinary | CFD
| Short | 33696 | 1.049105 GBP |
25p ordinary | CFD
| Short | 1529 | 1.049 GBP |
25p ordinary | CFD
| Short | 2764 | 20.82557164 ZAR |
25p ordinary | CFD
| Short | 465 | 1.027103 GBP |
25p ordinary | CFD
| Short | 18873 | 1.031166 GBP |
25p ordinary | CFD
| Short | 1497 | 1.03766666967936 GBP |
25p ordinary | CFD
| Short | 15074 | 1.041182 GBP |
25p ordinary | CFD
| Short | 48 | 1.029041 GBP |
25p ordinary | CFD
| Short | 426 | 1.035972 GBP |
25p ordinary | CFD
| Short | 617 | 1.03338 GBP |
25p ordinary | CFD
| Short | 980 | 1.026689 GBP |
25p ordinary | CFD
| Short | 1581 | 1.049029 GBP |
25p ordinary | CFD
| Short | 9000 | 1.03692444444444 GBP |
25p ordinary | CFD
| Short | 9000 | 1.04703444444444 GBP |
25p ordinary | CFD
| Short | 179 | 1.037191 GBP |
25p ordinary | CFD
| Short | 38813 | 1.035469 GBP |
25p ordinary | CFD
| Short | 201809 | 1.037005 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 |
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(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) |
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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
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(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 October 2022 |
| Contact name: | Richard Howard |
| Telephone number: | +44 (0)207 568 9128 |
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 monitoring@disclosure.org.uk
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.