CAPITALAND LIMITED PROPOSED SCHEME OF ARRANGEMENT INVOLVING CAPITALAND LIMITED
DEALINGS DISCLOSURE
1. INTRODUCTION
J.P. Morgan (S.E.A.) Limited ("JPMSEAL") refers to:
- the proposed scheme of arrangement (the "Scheme") to be undertaken by CapitaLand Limited (the "Company") and CLA Real Estate Holdings Pte. Ltd. (the "Offeror") pursuant to Section 210 of the Companies Act, Chapter 50 of Singapore;
- the proposed tender offers to be undertaken by the Company, to the bondholders of the Company (the "Bondholders") for the outstanding convertible bonds of the Company (the "Convertible Bonds", and such tender offers, the "Tender Offers"); and
- the proposed offers to be undertaken by the Offeror, to the Bondholders for the outstanding Convertible Bonds, in accordance with Rule 19 of the Singapore Code on Take- overs and Mergers (the "Code", and such offers, the "Convertible Bonds Offers"),
which were announced on 22 March 2021 (the "Joint Announcement").
As stated at paragraph 8.1 of the Joint Announcement, JPMSEAL is the financial adviser to the Company in respect of the Scheme.
All capitalised terms used and not defined herein shall have the same meanings given to them in the Joint Announcement.
2. DISCLOSURE OF DEALINGS
Pursuant to Rule 12.1 of the Code and the Practice Statement on the Exemption of Connected Fund Managers and Principal Traders under the Code, JPMSEAL wishes to announce the dealings by its associates (the "Relevant Entities") in the relevant securities of the Company on 22 July 2021, details of which are set out in the Schedule hereto.
Issued by
J.P. Morgan (S.E.A.) Limited
23 July 2021
Singapore
Schedule
Dealing | ||||||||||||||||||||||||||||||||
in Shares | ||||||||||||||||||||||||||||||||
Resultant | ||||||||||||||||||||||||||||||||
Total of | ||||||||||||||||||||||||||||||||
Total | Equivalent | % of | ||||||||||||||||||||||||||||||
Shares | ||||||||||||||||||||||||||||||||
Highest and Lowest | Amount | Resultant | ||||||||||||||||||||||||||||||
Date of | Name of Relevant Entity and (if different) name of | Description of | Number | Price | owned | |||||||||||||||||||||||||||
Nature of Transaction | Prices Paid or | (Paid)/ | Total of | |||||||||||||||||||||||||||||
Dealing | the ultimate beneficial owner or controller | Security | of Shares | (SGD) | or | |||||||||||||||||||||||||||
Received (SGD) | (Received) | Equivalent | ||||||||||||||||||||||||||||||
controlled | ||||||||||||||||||||||||||||||||
(SGD) | Shares | |||||||||||||||||||||||||||||||
by | ||||||||||||||||||||||||||||||||
the | ||||||||||||||||||||||||||||||||
associate | ||||||||||||||||||||||||||||||||
Buy/Sell | Product Type | Nature of Dealing | Highest | Lowest | ||||||||||||||||||||||||||||
22-Jul-21 | J.P. MORGAN SECURITIES PLC (dealing as principal) | CAPITALAND LTD | Sell | Common Shares | Swap Hedge | (3,000) | 4.03 | 4.03 | 4.03 | 12,085.17 | 9,339,648 | 0.18% | ||||||||||||||||||||
22-Jul-21 | J.P. MORGAN SECURITIES PLC (dealing as principal) | CAPITALAND LTD | Buy | Common Shares | Index hedge | 207,900 | 4.04 | 4.05 | 4.04 | 841,110.30 | 9,547,548 | 0.18% | ||||||||||||||||||||
22-Jul-21 | J.P. MORGAN SECURITIES PLC (dealing as principal) | CAPITALAND LTD | Sell | Common Shares | Index hedge | (14,900) | 4.04 | 4.05 | 4.02 | 60,138.94 | 9,532,648 | 0.18% | ||||||||||||||||||||
22-Jul-21 | J.P. MORGAN SECURITIES PLC (dealing as principal) | CAPITALAND LTD | Buy | Common Shares | Index hedge | 8,600 | 4.05 | 4.05 | 4.05 | 34,843.93 | 9,541,248 | 0.18% | ||||||||||||||||||||
22-Jul-21 | J.P. MORGAN SECURITIES PLC (dealing as principal) | CAPITALAND LTD | Buy | Common Shares | Swap Hedge | 31,700 | 4.05 | 4.06 | 4.04 | 128,428.36 | 9,572,948 | 0.18% | ||||||||||||||||||||
22-Jul-21 | J.P. MORGAN SECURITIES PLC (dealing as principal) | CAPITALAND LTD | Buy | Common Shares | Derivative Settlement | 9,360 | 3.07 | 3.07 | 3.07 | 28,742.69 | 9,582,308 | 0.18% | ||||||||||||||||||||
22-Jul-21 | J.P. MORGAN SECURITIES PLC (dealing as principal) | CAPITALAND LTD | Sell | Common Shares | ETF Redemption | (158,600) | 4.04 | 4.04 | 4.04 | 640,629.02 | 9,423,708 | 0.18% | ||||||||||||||||||||
22-Jul-21 | J.P. MORGAN SECURITIES PLC (dealing as principal) | CAPITALAND LTD | Buy | Common Shares | ETF Creation | 158,600 | 4.04 | 4.04 | 4.04 | 640,629.02 | 9,582,308 | 0.18% | ||||||||||||||||||||
Dealings in | ||||||||||||||||||||||||||||
Derivatives in | ||||||||||||||||||||||||||||
respect of | ||||||||||||||||||||||||||||
Shares | ||||||||||||||||||||||||||||
Number | Total | |||||||||||||||||||||||||||
Maturity | Closing Out | Amount | ||||||||||||||||||||||||||
Name of Relevant Entity and (if different) name of the | Description of | of Shares to | Reference | |||||||||||||||||||||||||
Date of Dealing | Nature of Transaction | (Date)/ | Date (if | (Paid)/ | ||||||||||||||||||||||||
ultimate beneficial owner or controller | Security | which the | Price (SGD) | |||||||||||||||||||||||||
(Period) | applicable) | (Received) | ||||||||||||||||||||||||||
Derivatives relate | ||||||||||||||||||||||||||||
(SGD) | ||||||||||||||||||||||||||||
Buy/Sell | Product Type | Nature of Dealing | ||||||||||||||||||||||||||
22-Jul-21 | J.P. MORGAN SECURITIES PLC (dealing as principal) | CAPITALAND LTD | Sell | Common Shares | Swap | (31,700) | 8-Feb-23 | - | 4.05 | 128,451.57 | ||||||||||||||||||
22-Jul-21 | J.P. MORGAN SECURITIES PLC (dealing as principal) | CAPITALAND LTD | Buy | Common Shares | Swap | 3,000 | 7-Jul-22 | - | 4.03 | 12,082.20 | ||||||||||||||||||
Attachments
- Original document
- Permalink
Disclaimer
Capitaland Ltd. published this content on 23 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 July 2021 03:27:02 UTC.
