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: |
30 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 |
693275 |
2.619 GBP |
2.56000 GBP |
25p ordinary |
Sell |
266927 |
2.619 GBP |
2.56000 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 |
10102 |
2.591106 GBP |
25p ordinary |
CFD |
Long |
2210 |
2.521113 GBP |
25p ordinary |
CFD |
Long |
1454 |
2.644641 GBP |
25p ordinary |
CFD |
Long |
24607 |
2.58059344901857 GBP |
25p ordinary |
CFD |
Long |
1140 |
2.58685964912281 GBP |
25p ordinary |
CFD |
Long |
24018 |
2.577695 GBP |
25p ordinary |
CFD |
Long |
1051 |
2.577 GBP |
25p ordinary |
CFD |
Long |
3625 |
2.581374 GBP |
25p ordinary |
CFD |
Long |
2975 |
2.636625 GBP |
25p ordinary |
CFD |
Short |
241 |
2.576255 GBP |
25p ordinary |
CFD |
Short |
431527 |
2.587993 GBP |
25p ordinary |
CFD |
Short |
1634 |
2.577858 GBP |
25p ordinary |
CFD |
Short |
379 |
2.576058 GBP |
25p ordinary |
CFD |
Short |
368 |
2.582431 GBP |
25p ordinary |
CFD |
Short |
24 |
2.583782 GBP |
25p ordinary |
CFD |
Short |
121 |
2.574759 GBP |
25p ordinary |
CFD |
Short |
111 |
2.58058335981982 GBP |
25p ordinary |
CFD |
Short |
68 |
2.586583 GBP |
25p ordinary |
CFD |
Short |
48 |
2.584129 GBP |
25p ordinary |
CFD |
Short |
1690 |
2.622826 GBP |
25p ordinary |
CFD |
Short |
623 |
2.581251 GBP |
25p ordinary |
CFD |
Short |
39781 |
2.5748 GBP |
25p ordinary |
CFD |
Short |
63 |
2.583893 GBP |
25p ordinary |
CFD |
Short |
127 |
2.585895 GBP |
25p ordinary |
CFD |
Short |
27 |
2.5801 GBP |
25p ordinary |
CFD |
Short |
2975 |
2.636625 GBP |
25p ordinary |
CFD |
Short |
520 |
2.622791 GBP |
25p ordinary |
CFD |
Short |
3504 |
2.5734703196347 GBP |
25p ordinary |
CFD |
Short |
2899 |
2.5679855122456 GBP |
25p ordinary |
CFD |
Short |
2812 |
2.58280227596017 GBP |
25p ordinary |
CFD |
Short |
785 |
2.56021656050955 GBP |
25p ordinary |
CFD |
Short |
1725 |
2.57876638 GBP |
25p ordinary |
CFD |
Short |
15482 |
2.577 GBP |
25p ordinary |
CFD |
Short |
876 |
2.574909 GBP |
25p ordinary |
CFD |
Short |
1800 |
2.59 GBP |
25p ordinary |
CFD |
Short |
1454 |
2.644641 GBP |
25p ordinary |
CFD |
Short |
3277 |
2.577972 GBP |
25p ordinary |
CFD |
Short |
20000 |
2.560912 GBP |
25p ordinary |
CFD |
Short |
221 |
2.58058254452489 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 |
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|
|
|
|
|
|
|
(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: |
31 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.