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: | J.P. Morgan Securities Plc |
| (b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Tritax Big Box REIT plc |
| (c) Name of the party to the offer with which exempt principal trader is connected: | Corporate Broker to Tritax Big Box REIT plc |
| (d) Date dealing undertaken: | 16 May 2024 |
| (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" | Yes, UK Commercial Property REIT Limited |
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 |
| 1p ordinary | Purchase
Sale | 1,616,306
1,715,611 | 1.6690 GBP
1.6690 GBP | 1.6260 GBP
1.6260 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 |
| 1p ordinary | Equity Swap | Decrease Long
Decrease Short
Increase Long
Increase Short
Opening a long position
Opening a short position
| 458,086 199,815 1,327,892 264,543 1,854 371 2,527 5,841 1
325 1,683 20,300 42,736 22,442 2,154 41,653 29,171 12,695 170,480
36,842 2,935 12,724 15,516 1,832 2,041 1,215 465 11,729 12,137 48,927 3,656 1 241 261 7,530 9,650 30,879
455,566 634,471 86,941 325 1,683 691 2,150 1,035 20,645 27,994 2 5
1,317,479 26 2,486 5,548 937 16,514 29,754
80,231 5,012 89 5,389 306 16,535 4 3,395 1,033 1,219 4,145 606 172 354 19,756 3,829 | TBD 1.5158 GBP 1.5203 GBP 1.6421 GBP 1.6426 GBP 1.6520 GBP 1.6535 GBP 1.6544 GBP 1.9440 GBP
1.6515 GBP 1.6523 GBP 1.6554 GBP 1.6556 GBP 1.6605 GBP 1.6630 GBP 1.6644 GBP 1.6678 GBP 1.6689 GBP 1.6690 GBP
TBD 1.4638 GBP 1.5158 GBP 1.5159 GBP 1.5161 GBP 1.5162 GBP 1.5166 GBP 1.5182 GBP 1.6518 GBP 1.6525 GBP 1.6541 GBP 1.6552 GBP 1.6559 GBP 1.6594 GBP 1.6596 GBP 1.6679 GBP 1.6688 GBP 1.6690 GBP
1.5158 GBP 1.5258 GBP 1.5267 GBP 1.6515 GBP 1.6523 GBP 1.6527 GBP 1.6556 GBP 1.6571 GBP 1.6605 GBP 1.6690 GBP 1.7675 GBP 1.8382 GBP
1.6419 GBP 1.6519 GBP 1.6536 GBP 1.6539 GBP 1.6575 GBP 1.6689 GBP 1.6690 GBP
1.6004 GBP 1.6501 GBP 1.6502 GBP 1.6503 GBP 1.6504 GBP 1.6509 GBP 1.6512 GBP 1.6513 GBP 1.6530 GBP 1.6537 GBP 1.6540 GBP 1.6544 GBP 1.6563 GBP 1.6564 GBP 1.6601 GBP 1.6690 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 |
|
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|
|
|
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(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) |
|
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|
|
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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: | 17 May 2024 |
Contact name: | Natasha Mondon |
Telephone number: | 01202 325175 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
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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