Key Disclosure Information
8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)
1. KEY INFORMATION
(a) Full name of discloser: Rathbones Group Plc
(c) Name of offeror/offeree: Balanced Commercial Property Trust Limited
(e) Date position held: The latest practicable date prior to the disclosure.
04/10/2024
(f) In addition to the company in 1(c), is the discloser making disclosures in respect of any other party to the offer?No
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are more positions to disclose, copy table 2(a) or (b) accordingly.
(a) Interests and short positions in the relevant securities:
Class of relevant security: 1p Ord
Relevant securities owned and/or controlled:
20,411,115 (2.90%)
TOTAL: 20,411,115 (2.90%)
All interests and all short positions must be disclosed.
(b) Rights to subscribe for new securities: None disclosed.
3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
(a) Purchases and sales
1p Ordinary Shares
Sale, Number of securities: 3,500, Price per unit: 95.125p
1p Ordinary Shares
Sale, Number of securities: 48,484, Price per unit: 95.15p
(b) Cash-settled derivative transactions None.
(ii) Exercise None.
4. OTHER INFORMATION
(a) Indemnity and other dealing arrangements: None disclosed.
(b) Agreements relating to options or derivatives: None disclosed.
(c) Attachments: No supplemental form attached.
Date of disclosure: 07/10/2024
Contact name: Chinwe Enyi - Compliance Department
Telephone number: 0151 243 7053
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 regarding the Code’s disclosure requirements.
Frequently Asked Questions
What is Rathbones Group Plc?
Rathbones Group Plc is a wealth management firm in the United Kingdom, dedicated to managing client investments and offering private banking services.
What is Balanced Commercial Property Trust Limited?
Balanced Commercial Property Trust Limited is an investment trust focusing on a diversified portfolio of commercial properties, allowing investors exposure to real estate market opportunities.
What significance does a 2.90% holding indicate?
A 2.90% holding shows Rathbones Group has a noteworthy position in Balanced Commercial Property Trust, highlighting their confidence in the trust’s investment strategy.
How often are these disclosures made?
Disclosures such as these are typically mandated by regulations and must be promptly reported whenever significant positions or changes occur.
Where can I find more information about stock dealings?
Investors can often find detailed disclosures and related information through regulatory filings or financial news platforms, where market transparency is encouraged.
