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: |
06 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 |
252494 |
2.510000 GBP |
2.49800 GBP |
25p ordinary |
Sell |
260108 |
2.518400 GBP |
2.49800 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 |
3033 |
2.506 GBP |
25p ordinary |
CFD |
Long |
1198 |
2.510196 GBP |
25p ordinary |
CFD |
Long |
9883 |
2.51 GBP |
25p ordinary |
CFD |
Long |
19153 |
2.519929 GBP |
25p ordinary |
CFD |
Long |
4642 |
2.51840370529944 GBP |
25p ordinary |
CFD |
Long |
6395 |
2.50834558248632 GBP |
25p ordinary |
CFD |
Long |
11963 |
2.50675415865586 GBP |
25p ordinary |
CFD |
Long |
26349 |
2.50436384682531 GBP |
25p ordinary |
CFD |
Long |
942 |
2.50349044585987 GBP |
25p ordinary |
CFD |
Long |
12367 |
2.505134 GBP |
25p ordinary |
CFD |
Long |
1866 |
2.491658 GBP |
25p ordinary |
CFD |
Long |
139 |
2.50402877697842 GBP |
25p ordinary |
CFD |
Long |
8019 |
2.508846 GBP |
25p ordinary |
CFD |
Long |
105 |
2.50561904761905 GBP |
25p ordinary |
CFD |
Long |
1898 |
2.50582718651212 GBP |
25p ordinary |
CFD |
Short |
6082 |
2.506368 GBP |
25p ordinary |
CFD |
Short |
30940 |
2.50379 GBP |
25p ordinary |
CFD |
Short |
454 |
2.503107 GBP |
25p ordinary |
CFD |
Short |
2337 |
2.505598 GBP |
25p ordinary |
CFD |
Short |
37 |
2.502345 GBP |
25p ordinary |
CFD |
Short |
47 |
2.505543 GBP |
25p ordinary |
CFD |
Short |
55 |
2.502099 GBP |
25p ordinary |
CFD |
Short |
63 |
2.50424 GBP |
25p ordinary |
CFD |
Short |
148 |
2.5057502272973 GBP |
25p ordinary |
CFD |
Short |
291 |
2.509451 GBP |
25p ordinary |
CFD |
Short |
1609 |
2.50514643878807 GBP |
25p ordinary |
CFD |
Short |
2625 |
2.508677 GBP |
25p ordinary |
CFD |
Short |
2000 |
2.5 GBP |
25p ordinary |
CFD |
Short |
139 |
2.50402877697842 GBP |
25p ordinary |
CFD |
Short |
1012 |
2.5071 GBP |
25p ordinary |
CFD |
Short |
328 |
2.502353 GBP |
25p ordinary |
CFD |
Short |
2736 |
2.51 GBP |
25p ordinary |
CFD |
Short |
19153 |
2.519929 GBP |
25p ordinary |
CFD |
Short |
232 |
2.506897 GBP |
25p ordinary |
CFD |
Short |
1866 |
2.491658 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: |
07 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.