Form 8.5 (EPT/RI)-Unite Group plc

JPMorgan Securities Plc

09 October 2025

 

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	Unite Group plc, The
(c) Name of the party to the offer with which exempt principal trader is connected:	Corporate Broker to Unite Group plc, The
(d) Date dealing undertaken:	08 October 2025
(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, Empiric Student Property plc

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	Purchase	1,648,751	6.9500 GBP	6.2800 GBP
	Sale	1,594,819	6.9675 GBP	6.2850 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	Equity Swap	Decrease Long	6,959	6.3050 GBP
			2,702	6.3053 GBP
			232	6.3054 GBP
			21,760	6.3056 GBP
			30,315	6.3065 GBP
			5,840	6.3067 GBP
			88,125	6.3110 GBP
			11,299	6.3119 GBP
			12,993	6.3135 GBP
			92	6.3207 GBP
			19,869	6.5614 GBP
			45,244	6.6106 GBP
			1,129	6.6890 GBP
			36,154	6.7007 GBP
			689	6.8928 GBP
		Decrease Short	34,037	6.3050 GBP
			24,748	6.3083 GBP
			1,119	6.3348 GBP
			2,536	6.3695 GBP
			387	6.3698 GBP
			50,000	6.3829 GBP
			50,000	6.3977 GBP
			36,350	6.4636 GBP
			3,871	6.4739 GBP
			29,357	6.5482 GBP
			12,102	6.5799 GBP
			3,418	6.9675 GBP
		Increase Long	7,199	6.3041 GBP
			938	6.3042 GBP
			200	6.3047 GBP
			31,928	6.3050 GBP
			1,593	6.3083 GBP
			500	6.3150 GBP
			2,450	6.3635 GBP
			26,896	6.4169 GBP
			3,579	6.4274 GBP
			294	6.4350 GBP
			28	6.4601 GBP
			1,848	6.4602 GBP
			673	6.6788 GBP
			132	6.6867 GBP
			22	6.6868 GBP
		Increase Short	25,000	6.2805 GBP
			18,815	6.3050 GBP
			9,385	6.4486 GBP
			9,570	6.4656 GBP
			5,739	6.4699 GBP
			4,400	6.5202 GBP
			1,981	6.5936 GBP
			1,080	6.6695 GBP
		Opening a long position	48	6.3050 GBP
			87	6.6900 GBP
		Opening a short position	74	6.3334 GBP
			48	6.3400 GBP
			432	6.6705 GBP
			87	6.6900 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:	09 October 2025
Contact name:	Hetvi Shah
Telephone number:	44 2034 936359

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 [phone].

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

 

END