Capital unties Properties : Form 8.5 (EPT/RI) - Capital & Counties Prop plc

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:	[phone]

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 [e-mail]

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on [phone].

The Code can be viewed on the Panel's website atwww.thetakeoverpanel.org.uk.