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10 July 2025 11:46:31
- Source: Sharecast
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
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(a) Name of exempt principal trader: |
J.P. Morgan Securities Plc |
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(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 |
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(c) Name of the party to the offer with which exempt principal trader is connected: |
Corporate Broker to Unite Group plc |
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(d) Date dealing undertaken: |
9 July 2025 |
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(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
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Class of relevant security |
Purchases/ sales
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Total number of securities |
Highest price per unit paid/received |
Lowest price per unit paid/received |
|
25p ordinary |
Purchase
Sale |
231,676
266,683 |
8.2100 GBP
8.2100 GBP |
8.1200 GBP
8.1173 GBP |
(b) Cash-settled derivative transactions
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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 |
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25p ordinary |
Equity Swap |
Decrease Long
Decrease Short
Increase Long
Increase Short
Opening a long position
Opening a short position
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11,735 16,812 7,655
610 155
683 10,539 27,457 90 100 9,628
3,929 1,838 353 2,868 18 186 200 481
10,584 40,549 897 8,850 303 706 580 85
1,252 574 6,777 11,562 1,755 |
8.1474 GBP 8.1497 GBP 8.1502 GBP
8.1476 GBP 8.1509 GBP
8.1400 GBP 8.1431 GBP 8.1446 GBP 8.1490 GBP 8.1494 GBP 8.1497 GBP
8.1455 GBP 8.1496 GBP 8.1503 GBP 8.1504 GBP 8.1506 GBP 8.1507 GBP 8.1517 GBP 8.1536 GBP
8.1173 GBP 8.1385 GBP 8.1498 GBP 8.1500 GBP 8.1508 GBP 8.1550 GBP 8.1598 GBP 8.2099 GBP
8.1297 GBP 8.1402 GBP 8.1458 GBP 8.1474 GBP 8.1501 GBP |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
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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
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Class of relevant security |
Product description e.g. call option |
Exercising/ exercised against |
Number of securities |
Exercise price per unit |
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|
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(d) Other dealings (including subscribing for new securities)
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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
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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" |
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None
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(b) Agreements, arrangements or understandings relating to options or derivatives
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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" |
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None
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Date of disclosure: |
10 July 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 +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
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