close
close

Form 8.3 – Balanced Commercial Property Trust Limited | 13.09.24

Posted on by Vaseline
Form 8.3 – Balanced Commercial Property Trust Limited | 13.09.24

8.3

PUBLIC OPENING OF POSITION/DISCLOSURE OF TRADE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)

1. IMPORTANT INFORMATION

(A) Full name of the discloser: Rathbones Group Plc
(B) Owner or manager of disclosed interests and short positions, if different from 1(a):
Naming nominees or vehicle companies is not enough. For a trust, the trustee(s), settlor and beneficiaries must be named.
(C) Name of the provider/applicant to whose relevant effects this form relates:
Use a separate form for each provider/contractor		 Balanced Commercial Real Estate Trust Limited
(D) If an exempt fund manager is associated with an offeror/contractor, please state this and specify the identity of the offeror/contractor:
(and) Date position was taken/transactions were undertaken:
When disclosing an opening position, please state the latest possible date before disclosure		 12/09/2024
(F) In addition to the undertaking in point 1(c) above, does the discloser also make disclosures in relation to any other party to the offer?
If this is a cash offer or a potential cash offer, please state “N/A”		 No

2. VIEWS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe for disclosure in more than one class of relevant securities of the offeror or offeree referred to in 1(c), copy Table 2(a) or (b) (as the case may be) for each additional class of relevant securities.

(A) Interests and short positions in the relevant securities of the offeror or the recipient to which the disclosure relates after the transaction (if applicable)

Class of relevant security: 1p Order
Interests Short positions
Number % Number %
(1) Relevant securities owned and/or controlled: 45,100,559 6.42%
(2) Cash settled derivatives:
(3) Equity-based derivatives (including options) and purchase/sale agreements:

TOTAL:

 45,100,559 6.42%

All interests and all short positions must be disclosed.

Details of any open equity-based derivative positions (including traded options) or agreements to buy or sell relevant securities must be provided on a Supplementary Form 8 (Open Positions).

(B) Rights to subscribe to new securities (including options for directors and other employees)

Category of relevant securities to which a subscription right applies:
Data, including the nature of the rights involved and relevant percentages:

3. ACTS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there is trading in more than one class of relevant securities of the offeror or the recipient of the offer referred to in point 1(c), copy Table 3(a), (b), (c) or (d) (as applicable) for each additional class of relevant securities in which trading takes place.

All prices and other monetary amounts must be stated in the currency.

(A) Purchases and sales

Class of relevant security Purchase/sale Number of effects Price per unit
1p Ordinary shares Sale 37,000 94.94p
1p Ordinary shares Sale 56,950 94.94p
1p Ordinary shares Sale 4,100 94.7601p
1p Ordinary shares Sale 4,500 95.0033p
1p Ordinary shares Sale 3,700 95.004p
1p Ordinary shares Sale 24,210 95.005p

(B) Cash-settled derivatives transactions

Class of relevant security Product Description
e.g. CFD		 Nature of the interaction
e.g. opening/closing a long/short position, increasing/decreasing a long/short position		 Number of reference effects Price per unit

I Equity transactions with derivatives (including options)

(and) Write, sell, buy or vary

Class of relevant security Product Description e.g. call option Writing, buying, selling, varying etc. Number of securities to which the option relates Exercise price per unit Type
e.g. American, European etc.		 Expiry date Option money paid/received per unit

(ii) Excercise

Class of relevant security Product Description
e.g. call option		 Practice/practiced against Number of effects Exercise price per unit

(D) Other actions (including subscribing to new securities)

Class of relevant security Nature of the interaction
e.g. subscription, conversion		 Details Price per unit (if applicable)
1p Ordinary shares Transfer from 6,814

4. OTHER INFORMATION

(A) Indemnification and other trade regulations

Information about any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may provide an inducement to act or refrain from acting, entered into by the person 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, then write “none”
No

(B) Agreements, arrangements or understandings relating to options or derivatives

Information about any agreement, arrangement or understanding, whether formal or informal, between the person making the disclosure and another person relating to:
(i) the voting rights of relevant securities under an option; or
(ii) the voting rights or future acquisition or disposal of relevant securities to which a derivative refers:
If there are no such agreements, arrangements or understandings, please state “none”
No

(C) Attachments

Is there a supplementary form 8 (Open Vacancies) attached? No

Date of publication: 13/09/2024
Contact person: Chinwe Enyi – Compliance Department
Phone number: 0151 243 7053

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 disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website:



Related Posts