RNS Number : 7250Q
UBS AG (EPT)
22 October 2019
 

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:

21 October 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

 

2056818

2.71450

GBP

2.64550        GBP

25p ordinary

Sell

 

3093328

2.71450

GBP

2.63900        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

16391

2.699675        GBP

25p ordinary

CFD

 

Long

1435

2.697459        GBP

25p ordinary

CFD

 

Long

17029

2.705        GBP

25p ordinary

CFD

 

Long

9189

2.686903        GBP

25p ordinary

CFD

 

Long

5000

2.6506866        GBP

25p ordinary

CFD

 

Long

29952

2.70149472489316        GBP

25p ordinary

CFD

 

Long

21342

2.68989644831787        GBP

25p ordinary

CFD

 

Long

36363

2.701049        GBP

25p ordinary

CFD

 

Long

1214

2.69917133        GBP

25p ordinary

CFD

 

Long

4205

2.70479429250892        GBP

25p ordinary

CFD

 

Long

5939

2.722686765

GBP

25p ordinary

CFD

 

Long

3754

2.70479488545551        GBP

25p ordinary

CFD

 

Long

2047

2.718357793 GBP

25p ordinary

CFD

 

Long

35858

2.70135952925428        GBP

25p ordinary

CFD

 

Long

9304

2.70541906706793        GBP

25p ordinary

CFD

 

Long

494

2.7073987854251        GBP

25p ordinary

CFD

 

Long

445

2.706        GBP

25p ordinary

CFD

 

Short

3606

2.694059        GBP

25p ordinary

CFD

 

Short

532

2.706830297

GBP

25p ordinary

CFD

 

Short

887

2.691708        GBP

25p ordinary

CFD

 

Short

678

2.702715        GBP

25p ordinary

CFD

 

Short

374

2.70465894625668        GBP

25p ordinary

CFD

 

Short

338

2.6992        GBP

25p ordinary

CFD

 

Short

462

2.70499506480519        GBP

25p ordinary

CFD

 

Short

1515

2.722408068

GBP

25p ordinary

CFD

 

Short

30000

2.7045        GBP

25p ordinary

CFD

 

Short

70000

2.6894        GBP

25p ordinary

CFD

 

Short

70000

2.7019        GBP

25p ordinary

CFD

 

Short

50000

2.7028        GBP

25p ordinary

CFD

 

Short

2451169

2.7095        GBP

25p ordinary

CFD

 

Short

342

2.699        GBP

25p ordinary

CFD

 

Short

30000

2.710758        GBP

25p ordinary

CFD

 

Short

267

2.689625        GBP

25p ordinary

CFD

 

Short

2958

2.7043597        GBP

25p ordinary

CFD

 

Short

158

2.692456        GBP

25p ordinary

CFD

 

Short

194

2.706945        GBP

25p ordinary

CFD

 

Short

1214

2.707        GBP

25p ordinary

CFD

 

Short

101

2.701116        GBP

25p ordinary

CFD

 

Short

84

2.704011        GBP

25p ordinary

CFD

 

Short

4175

2.683352        GBP

25p ordinary

CFD

 

Short

99

2.694347        GBP

25p ordinary

CFD

 

Short

168

2.701483        GBP

25p ordinary

CFD

 

Short

225

2.697198        GBP

25p ordinary

CFD

 

Short

2280

2.6790701754386        GBP

25p ordinary

CFD

 

Short

2630

2.68503802281369        GBP

25p ordinary

CFD

 

Short

65090

2.68109617452758        GBP

25p ordinary

CFD

 

Short

2000

2.6819        GBP

25p ordinary

CFD

 

Short

5939

2.722686765

GBP

25p ordinary

CFD

 

Short

6635

2.68746646571213        GBP

25p ordinary

CFD

 

Short

6843

2.69649568902528        GBP

25p ordinary

CFD

 

Short

61522

2.69485208543285        GBP

25p ordinary

CFD

 

Short

650

2.70178        GBP

25p ordinary

CFD

 

Short

5000

2.6096        GBP

25p ordinary

CFD

 

Short

1496

2.682723        GBP

25p ordinary

CFD

 

Short

4032

2.703209        GBP

25p ordinary

CFD

 

Short

2937

2.704558        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:

22 October 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 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.


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