RNS Number : 9807R
UBS AG (EPT)
01 November 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:

31 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

 

222574

2.590499        GBP

2.55000        GBP

25p ordinary

Sell

 

189708

2.590499        GBP

2.55000        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

25202

2.56298906832791        GBP

25p ordinary

CFD

 

Long

1091

2.56293079743355        GBP

25p ordinary

CFD

 

Long

11767

2.554621        GBP

25p ordinary

CFD

 

Long

12286

2.584733      GBP

25p ordinary

CFD

 

Long

205

2.5688        GBP

25p ordinary

CFD

 

Long

1747

2.55        GBP

25p ordinary

CFD

 

Long

598

2.578954        GBP

25p ordinary

CFD

 

Long

146

2.653966        GBP

25p ordinary

CFD

 

Long

6125

2.680129        GBP

25p ordinary

CFD

 

Long

73

2.57849315068493        GBP

25p ordinary

CFD

 

Short

4

2.551492        GBP

25p ordinary

CFD

 

Short

457

2.568123        GBP

25p ordinary

CFD

 

Short

74

2.582646        GBP

25p ordinary

CFD

 

Short

62

2.573129        GBP

25p ordinary

CFD

 

Short

27

2.570122        GBP

25p ordinary

CFD

 

Short

146

2.653966        GBP

25p ordinary

CFD

 

Short

22444

2.550382        GBP

25p ordinary

CFD

 

Short

1512

2.572        GBP

25p ordinary

CFD

 

Short

2667

2.55        GBP

25p ordinary

CFD

 

Short

600

2.555        GBP

25p ordinary

CFD

 

Short

144

2.5539        GBP

25p ordinary

CFD

 

Short

4726

2.563849        GBP

25p ordinary

CFD

 

Short

259

2.558496        GBP

25p ordinary

CFD

 

Short

29

2.556476        GBP

25p ordinary

CFD

 

Short

7

2.556256        GBP

25p ordinary

CFD

 

Short

1062

2.5506        GBP

25p ordinary

CFD

 

Short

245

2.564749        GBP

25p ordinary

CFD

 

Short

58

2.552259        GBP

25p ordinary

CFD

 

Short

406

2.578954        GBP

25p ordinary

CFD

 

Short

126

2.562311        GBP

25p ordinary

CFD

 

Short

4

2.553053        GBP

25p ordinary

CFD

 

Short

4833

2.57703496792882        GBP

25p ordinary

CFD

 

Short

19691

2.58132751002996        GBP

25p ordinary

CFD

 

Short

15476

2.58359653657276        GBP

25p ordinary

CFD

 

Short

6125

2.680129        GBP

25p ordinary

CFD

 

Short

8137

2.5605        GBP

25p ordinary

CFD

 

Short

397

2.559254        GBP

25p ordinary

CFD

 

Short

73

2.57849315068493        GBP

25p ordinary

CFD

 

Short

1596

2.551043        GBP

25p ordinary

CFD

 

Short

747

2.566954        GBP

25p ordinary

CFD

 

Short

86

2.552637        GBP

25p ordinary

CFD

 

Short

50

2.56899268        GBP

25p ordinary

CFD

 

Short

25

2.566897        GBP

25p ordinary

CFD

 

Short

192

2.675162      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:

01 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 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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