RNS Number : 8547R
Barclays PLC
03 March 2023
 

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS

(OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the "Code")

 

1.

KEY INFORMATION

(a)

Name of exempt principal trader:

BARCLAYS CAPITAL SECURITIES LTD

(b)

Name of offeror/offeree in relation to whose

 relevant securities this form relates:

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 position held/dealing undertaken:

02 Mar 2023

(e)

In addition to the company in 1(b) above, is the exempt principal

 trader making disclosures in respect of any other party to the offer?

YES:

 SHAFTESBURY PLC

 

2.

POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(a)

Interests and short positions in the relevant securities of the offeror or offeree

 

to which the disclosure relates following the dealing (if any)

Class of relevant security:

25p ordinary


Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

5,608,209

0.66%

8,405,576

0.99%

(2) Cash-settled derivatives:

8,536,618

1.00%

4,384,781

0.51%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

14,144,827

1.66%

12,790,357

1.50%

 








(b)

Rights to subscribe for new securities (including directors and other executive options)

Class of relevant security in relation to

 which subscription right exists

 

Details, including nature of the rights

 concerned and relevant percentages:

 

 

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

 

(a)

Purchase and sales

 






Class of relevant

 security

Purchase/sale

Total number of

 securities

Highest price per unit

 paid/received

Lowest price per unit

 paid/received

 

25p ordinary

Purchase

308881

1.2500  GBP

1.2311  GBP

 

25p ordinary

Sale

1873251

1.2490  GBP

1.2171  GBP

 

 








(b)

Cash-settled derivative transactions

 

Class of

 relevant

 security

Product  description

Nature of dealing

Number of

 reference

 securities

Price per

 unit

 

25p ordinary

SWAP

Closing Short

65,300

1.2368  GBP

 

25p ordinary

SWAP

Decreasing Long

2

26.8700  ZAR

 

25p ordinary

CFD

Decreasing Long

80

1.2355  GBP

 

25p ordinary

SWAP

Decreasing Long

284

27.0700  ZAR

 

25p ordinary

SWAP

Decreasing Long

465

27.1100  ZAR

 

25p ordinary

SWAP

Decreasing Long

1,247

27.1500  ZAR

 

25p ordinary

SWAP

Decreasing Long

1,722

1.2425  GBP

 

25p ordinary

SWAP

Decreasing Long

1,779

1.2470  GBP

 

25p ordinary

SWAP

Decreasing Long

1,869

27.1867  ZAR

 

25p ordinary

SWAP

Decreasing Long

2,246

1.2487  GBP

 

25p ordinary

CFD

Decreasing Long

7,235

1.2461  GBP

 

25p ordinary

SWAP

Decreasing Long

7,977

26.9772  ZAR

 

25p ordinary

SWAP

Decreasing Long

8,445

1.2485  GBP

 

25p ordinary

SWAP

Decreasing Long

9,135

1.2427  GBP

 

25p ordinary

CFD

Decreasing Long

9,553

1.2453  GBP

 

25p ordinary

SWAP

Decreasing Long

10,211

1.2417  GBP

 

25p ordinary

SWAP

Decreasing Long

10,795

1.2477  GBP

 

25p ordinary

SWAP

Decreasing Long

11,452

1.2426  GBP

 

25p ordinary

SWAP

Decreasing Long

22,700

1.2423  GBP

 

25p ordinary

SWAP

Decreasing Long

22,949

1.2293  GBP

 

25p ordinary

SWAP

Decreasing Long

33,479

1.2434  GBP

 

25p ordinary

CFD

Decreasing Short

2

26.8600  ZAR

 

25p ordinary

CFD

Decreasing Short

284

27.0625  ZAR

 

25p ordinary

SWAP

Decreasing Short

465

27.1100  ZAR

 

25p ordinary

CFD

Decreasing Short

588

27.1101  ZAR

 

25p ordinary

SWAP

Decreasing Short

1,247

27.1500  ZAR

 

25p ordinary

CFD

Decreasing Short

5,170

26.8633  ZAR

 

25p ordinary

CFD

Decreasing Short

6,054

26.9959  ZAR

 

25p ordinary

CFD

Decreasing Short

7,977

26.9697  ZAR

 

25p ordinary

SWAP

Decreasing Short

650,000

1.2472  GBP

 

25p ordinary

SWAP

Increasing Long

1,869

27.1867  ZAR

 

25p ordinary

CFD

Increasing Long

4,077

1.2171  GBP

 

25p ordinary

SWAP

Increasing Long

10,659

26.7881  ZAR

 

25p ordinary

SWAP

Increasing Long

34,579

1.2435  GBP

 

25p ordinary

CFD

Increasing Long

43,249

1.2395  GBP

 

25p ordinary

SWAP

Increasing Long

43,322

26.9618  ZAR

 

25p ordinary

SWAP

Increasing Long

130,749

1.2450  GBP

 

25p ordinary

SWAP

Increasing Long

286,068

1.2447  GBP

 

25p ordinary

SWAP

Increasing Short

6,596

1.2140  GBP

 

25p ordinary

SWAP

Increasing Short

7,000

1.2350  GBP

 

25p ordinary

CFD

Increasing Short

10,659

26.7955  ZAR

 

25p ordinary

SWAP

Increasing Short

11,000

1.2493  GBP

 

25p ordinary

CFD

Increasing Short

43,322

26.9698  ZAR

 

25p ordinary

SWAP

Opening Long

161,002

1.2417  GBP

 

25p ordinary

SWAP

Opening Long

245,085

1.2368  GBP

 

 

(c)

Stock-settled derivative transactions  (including options)

(i)

Writing, selling, purchasing or varying

Class

 of

 relevant

 security

Product

 description

Writing,

 purchasing,

 selling,

 varying etc

Number

 of

 securities

 to which

 option

 relates

Exercise

 price

 per unit

Type

Expiry

 date

Option

 money

 paid/

 received

 per unit

 

 

 

 

 

 

 

 

 








(ii)

Exercising

 






Class of relevant

 security

Product description

Exercising/ exercised against

Number of

 securities

Exercise price per

 unit

 

 

 

 

 

 








(d)

Other dealings (including subscribing for new securities)

Class of relevant

 security

Nature of Dealings

Details

Price per unit (if

 applicable)

 

 

 

 

4.

OTHER INFORMATION

(a)

Indemnity and other dealings 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:

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 of future acquisition or disposal of any relevant securities to which

 any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

03 Mar 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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