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: |
14 February 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 |
1,699,627
1,675,701 |
1.5250 GBP
1.5280 GBP |
1.4700 GBP
1.4920 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
|
16,933 66,694 16,421 39,336 35,687 102,620 1,851 5,971
4,672 1,893 201 18,100 1,052
442,960 98,578
13,428 3,138 68,434 220 17,152 2,903 28,054 170,343
1,001 2,253 2,257 11,393 17,069 4,735 48,006 1,011 6,380 111,802 3,834 10,852 44
49,178 136,225 10,655 63,862 4,427 3,583 829 612 839 12,323 23 |
1.4880 GBP 1.5014 GBP 1.5068 GBP 1.5095 GBP 1.5099 GBP 1.5135 GBP 1.5167 GBP 1.5213 GBP
1.4960 GBP 1.4970 GBP 1.4990 GBP 1.5139 GBP 1.5220 GBP
1.5140 GBP 1.5146 GBP
1.4969 GBP 1.5069 GBP 1.5094 GBP 1.5140 GBP 1.5141 GBP 1.5142 GBP 1.5158 GBP 1.5161 GBP
1.4920 GBP 1.4975 GBP 1.5045 GBP 1.5108 GBP 1.5112 GBP 1.5124 GBP 1.5131 GBP 1.5140 GBP 1.5160 GBP 1.5170 GBP 1.5183 GBP 1.5220 GBP 1.5249 GBP
1.5115 GBP 1.5131 GBP 1.5137 GBP 1.5140 GBP 1.5141 GBP 1.5152 GBP 1.5160 GBP 1.5192 GBP 1.5200 GBP 1.5208 GBP 1.5224 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 |
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|
(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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|
|
(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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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: |
15 February 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.