---
title: "REG - JPMorgan Sec.Plc Empiric Student Prop - Form 8.5 (EPT/RI)-Empiric Student Property plc"
description: "J.P. Morgan Securities Plc disclosed its dealings in Empiric Student Property plc under Rule 8.5 of the Takeover Code. On October 31, 2025, it purchased 392,174 ordinary shares at prices ranging from "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/264008432.md"
published_at: "2025-11-03T11:39:18.000Z"
---

# REG - JPMorgan Sec.Plc Empiric Student Prop - Form 8.5 (EPT/RI)-Empiric Student Property plc

> J.P. Morgan Securities Plc disclosed its dealings in Empiric Student Property plc under Rule 8.5 of the Takeover Code. On October 31, 2025, it purchased 392,174 ordinary shares at prices ranging from £0.7790 to £0.7840 and sold 354,704 shares at the same price range. Additionally, it engaged in cash-settled derivative transactions, including increasing and decreasing short positions in ordinary shares. The disclosure was made on November 3, 2025, by Hetvi Shah, with contact details provided for further inquiries.

RNS Number : 9325F JPMorgan Securities Plc 03 November 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

Empiric Student Property plc

(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:

31 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, Unite Group plc, The

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

1p ordinary

Purchase

392,174

0.7840 GBP

0.7790 GBP

Sale

354,704

0.7840 GBP

0.7790 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

1p ordinary

Equity Swap

Decrease Short

23,403

0.7789 GBP

1,900

0.7822 GBP

6,527

0.7825 GBP

Increase Long

2,721

0.7814 GBP

11,093

0.7817 GBP

Increase Short

53,024

0.7790 GBP

8,000

0.7818 GBP

27,487

0.7829 GBP

1,787

0.7830 GBP

7,764

0.7834 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
-   Typee.g. American, European etc.
-   Expiry date
-   Option money paid/ received per unit

(ii) Exercise

-   Class of relevant security
-   Product descriptione.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 dealinge.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:

03 November 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
