Public Opening Position Disclosure
This document serves as a public opening position disclosure required by Rule 8.3 of the Takeover Code (the "Code"). It offers important insights into the transactions made by individuals or entities with significant interests in relevant securities, particularly concerning Balanced Commercial Property Trust Limited.
Key Information
The disclosure presents vital information about Rathbones Group Plc's interests in the shares of Balanced Commercial Property Trust Limited. It details the identity of the discloser, the securities involved, and the positions held as of the specified date.
Disclosure Details
Full Name of Discloser: Rathbones Group Plc
Owner or Controller: Information not provided.
Name of Offeror/Offeree: Balanced Commercial Property Trust Limited
Date Position Held: Latest practicable date prior to disclosure.
Interests and Positions
Given the substantial interests held by Rathbones Group Plc, the disclosure elaborates on the nature of these holdings in the relevant shares.
Relevant Securities
The class of relevant securities under consideration is the 1p Ordinary shares. Rathbones Group Plc possesses a significant ownership totaling 45,961,337 shares, which represents 6.55% of the company.
Dealings and Transactions
This document outlines any transactions, including the purchases and sales of securities that may have taken place. It provides a comprehensive account of the dealings conducted by Rathbones Group Plc concerning the 1p Ordinary shares.
Transactions
Below is a summary of the executed sales:
Type: Sale
Securities Sold: 10,000 shares at 88.3301p each.
Additionally, further sale transactions are recorded:
Securities Sold: 19,580 shares at 88.533p each.
Further sales included 6,200 shares at 88.633p and 8,670 shares at 88.8657p.
Other Information
The disclosure also includes details about indemnities and other arrangements related to the relevant securities held by Rathbones Group Plc, noting that no such arrangements exist.
Contact Information
If you have any questions regarding this disclosure, please reach out to the compliance department.
Contact Name: Chinwe Enyi
Telephone Number: 0151 243 7053
Frequently Asked Questions
What is the purpose of this public disclosure?
The purpose of the disclosure is to inform the market about significant shareholdings and transactions conducted by Rathbones Group Plc.
Who is the discloser in this document?
The discloser is Rathbones Group Plc.
What percentage of shares does Rathbones Group Plc hold in the Trust?
Rathbones Group Plc holds 6.55% of the total shares in Balanced Commercial Property Trust Limited.
What type of transactions are reported?
The reported transactions include sales of ordinary shares, specifically the 1p Ordinary shares.
How can I contact Rathbones Group Plc for more information?
You can reach out to Chinwe Enyi in the Compliance Department at 0151 243 7053 for further information.
