Form 8.5 (EPT/RI)-Unite Group plc

JPMorgan Securities Plc

21 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:	20 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	658,361	5.7050 GBP	5.5200 GBP
	Sale	534,494	5.7000 GBP	5.5147 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 Increase Long Increase Short Opening a long position Opening a short position	164  814  16,164  106  200  1,503  993  94  27  1,639  16  3,830  3,230  6,760  277  2  164  26  478  7,963  50,672  19,520  290  1,360  7,284  2,200  6,126  7,854  39,973  1,787  6,277  25,956  6,902  2,268	5.5754 GBP 5.5757 GBP 5.5759 GBP 5.5761 GBP 5.6376 GBP 5.7069 GBP 5.5652 GBP 5.5742 GBP 5.5744 GBP 5.5893 GBP 5.5895 GBP 5.6069 GBP 5.6142 GBP 5.6535 GBP 5.6601 GBP 5.6750 GBP 5.6771 GBP 5.6773 GBP 5.6890 GBP 5.5581 GBP 5.5743 GBP 5.5763 GBP 5.6020 GBP 5.6050 GBP 5.6173 GBP 5.6283 GBP 5.6294 GBP 5.5148 GBP 5.5634 GBP 5.5655 GBP 5.5676 GBP 5.5750 GBP 5.5842 GBP 5.6177 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:	21 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