Form 8.5 (EPT/RI)-Unite Group plc

JPMorgan Securities Plc

20 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:	17 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	808,548	5.8250 GBP	5.7450 GBP
	Sale	454,661	5.8025 GBP	5.7350 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	297	5.7450 GBP
			512	5.7454 GBP
			526	5.7457 GBP
			4,835	5.7583 GBP
			34,250	5.7686 GBP
			173	5.7906 GBP
		Decrease Short	27	5.7450 GBP
			14,668	5.7660 GBP
			165	5.7710 GBP
			2,789	5.7842 GBP
		Increase Long	245	5.7460 GBP
			9,411	5.7463 GBP
			6,764	5.7484 GBP
			292	5.7575 GBP
			2	5.7623 GBP
			107	5.7644 GBP
			18	5.7645 GBP
			810	5.7779 GBP
			1,777	5.7874 GBP
			124	5.7989 GBP
			3,965	5.8002 GBP
		Increase Short	34,571	5.7451 GBP
			63	5.7453 GBP
			1,008	5.7464 GBP
			5,831	5.7491 GBP
			144,432	5.7514 GBP
			23,059	5.7583 GBP
			90,246	5.7586 GBP
			8,099	5.7591 GBP
			14,600	5.7633 GBP
			1,166	5.7670 GBP
			4,553	5.7681 GBP
			10,634	5.7715 GBP
			20,785	5.7720 GBP
			27	5.7777 GBP
			5,418	5.8026 GBP
			30	5.8045 GBP
		Opening a long position	189	5.7350 GBP
			17,068	5.7450 GBP
		Opening a short position	8,568	5.7450 GBP
			352	5.7602 GBP
			1,337	5.7653 GBP
			5,586	5.7741 GBP
			1,414	5.7769 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:	20 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