Form8.5(EPT/NON-RI)-Capital&Counties Properties pl

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS

(OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Name of exempt principal trader:

BARCLAYS CAPITAL SECURITIES LTD

(b)

Name of offeror/offeree in relation to whose

CAPITAL & COUNTIES PROPERTIES PLC

relevant securities this form relates:

(c)

Name of the party to the offer with which exempt

Capital & Counties Properties plc

principal trader is connected

(d)

Date position held/dealing undertaken:

23 June 2022

(e)

In addition to the company in 1(b) above, is the exempt principal

YES:

trader making disclosures in respect of any other party to the offer?

SHAFTESBURY PLC

2.

POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(a)

Interests and short positions in the relevant securities of the offeror or offeree

to which the disclosure relates following the dealing (if any)

Class of relevant security:

25p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

5,592,890

0.66%

7,280,808

0.86%

(2)

Cash-settled derivatives:

14,384,359

1.69%

4,071,719

0.48%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

19,977,249

2.35%

11,352,527

1.33%

(b)

Rights to subscribe for new securities (including directors and other executive

options)

Class of relevant security in relation to

which subscription right exists

Details, including nature of the rights

concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

Class of relevant

Purchase/sale

Total number of

Highest price per unit

Lowest price per unit

security

securities

paid/received

paid/received

25p ordinary

Purchase

647,812

1.4830 GBP

1.464 GBP

25p ordinary

Sale

321,167

1.4818 GBP

1.464 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

25p ordinary

 CFD

Decreasing Long

7,004

28.6872 ZAR

25p ordinary

 SWAP

Decreasing Long

7,201

1.4680 GBP

25p ordinary

 SWAP

Decreasing Long

12,013

28.7203 ZAR

25p ordinary

 SWAP

Decreasing Long

15,033

29.0700 ZAR

25p ordinary

 CFD

Decreasing Long

17,248

29.0583 ZAR

25p ordinary

 CFD

Decreasing Long

20,112

28.8588 ZAR

25p ordinary

 CFD

Decreasing Long

37,968

1.4715 GBP

25p ordinary

 CFD

Decreasing Long

41,176

29.0700 ZAR

25p ordinary

 CFD

Decreasing Long

41,176

29.0700 ZAR

25p ordinary

 CFD

Decreasing Long

43,412

29.0578 ZAR

25p ordinary

 CFD

Decreasing Long

46,800

1.4734 GBP

25p ordinary

 CFD

Decreasing Long

48,052

28.7289 ZAR

25p ordinary

 SWAP

Decreasing Long

61,836

28.9972 ZAR

25p ordinary

 CFD

Decreasing Long

245,716

1.4770 GBP

25p ordinary

 CFD

Decreasing Long

247,344

28.9885 ZAR

25p ordinary

 CFD

Decreasing Short

7,004

28.6872 ZAR

25p ordinary

 SWAP

Decreasing Short

10,721

29.0700 ZAR

25p ordinary

 CFD

Decreasing Short

17,248

29.0583 ZAR

25p ordinary

 CFD

Decreasing Short

20,112

28.8588 ZAR

25p ordinary

 CFD

Decreasing Short

37,968

1.4715 GBP

25p ordinary

 CFD

Decreasing Short

41,176

29.0700 ZAR

25p ordinary

 CFD

Decreasing Short

41,176

29.0700 ZAR

25p ordinary

 CFD

Decreasing Short

43,412

29.0578 ZAR

25p ordinary

 CFD

Decreasing Short

46,800

1.4734 GBP

25p ordinary

 CFD

Decreasing Short

48,052

28.7289 ZAR

25p ordinary

 CFD

Decreasing Short

245,716

1.4770 GBP

25p ordinary

 CFD

Decreasing Short

247,344

28.9885 ZAR

25p ordinary

 SWAP

Increasing Long

1

1.4880 GBP

25p ordinary

 SWAP

Increasing Long

1,980

1.4675 GBP

25p ordinary

 SWAP

Increasing Long

3,412

1.4739 GBP

25p ordinary

 SWAP

Increasing Long

3,888

1.4762 GBP

25p ordinary

 SWAP

Increasing Long

5,177

1.4789 GBP

25p ordinary

 SWAP

Increasing Long

6,388

1.4680 GBP

25p ordinary

 SWAP

Increasing Long

8,530

1.4748 GBP

25p ordinary

 SWAP

Increasing Long

13,952

1.4691 GBP

25p ordinary

 SWAP

Increasing Long

14,210

1.4747 GBP

25p ordinary

 SWAP

Increasing Long

14,623

1.4736 GBP

25p ordinary

 SWAP

Increasing Long

18,000

1.4682 GBP

25p ordinary

 SWAP

Increasing Long

21,115

1.4698 GBP

25p ordinary

 SWAP

Increasing Long

29,206

1.4690 GBP

25p ordinary

 SWAP

Increasing Long

29,583

1.4699 GBP

25p ordinary

 SWAP

Increasing Long

51,934

1.4716 GBP

25p ordinary

 SWAP

Increasing Long

82,033

1.4727 GBP

25p ordinary

 SWAP

Increasing Short

1,250

1.4671 GBP

25p ordinary

 SWAP

Increasing Short

2,410

1.4719 GBP

25p ordinary

 SWAP

Increasing Short

4,669

1.4763 GBP

25p ordinary

 SWAP

Increasing Short

7,201

1.4680 GBP

25p ordinary

 SWAP

Increasing Short

438,371

1.4702 GBP

25p ordinary

 CFD

Opening Long

7,004

28.6872 ZAR

25p ordinary

 CFD

Opening Long

17,248

29.0583 ZAR

25p ordinary

 CFD

Opening Long

20,112

28.8588 ZAR

25p ordinary

 CFD

Opening Long

37,968

1.4715 GBP

25p ordinary

 CFD

Opening Long

41,176

29.0700 ZAR

25p ordinary

 CFD

Opening Long

41,176

29.0700 ZAR

25p ordinary

 CFD

Opening Long

43,412

29.0578 ZAR

25p ordinary

 CFD

Opening Long

46,800

1.4734 GBP

25p ordinary

 CFD

Opening Long

48,052

28.7289 ZAR

25p ordinary

 CFD

Opening Long

245,716

1.4770 GBP

25p ordinary

 CFD

Opening Long

247,344

28.9885 ZAR

25p ordinary

 CFD

Opening Short

7,004

28.6872 ZAR

25p ordinary

 CFD

Opening Short

17,248

29.0583 ZAR

25p ordinary

 CFD

Opening Short

20,112

28.8588 ZAR

25p ordinary

 CFD

Opening Short

37,968

1.4715 GBP

25p ordinary

 CFD

Opening Short

41,176

29.0700 ZAR

25p ordinary

 CFD

Opening Short

41,176

29.0700 ZAR

25p ordinary

 CFD

Opening Short

43,412

29.0578 ZAR

25p ordinary

 CFD

Opening Short

46,800

1.4734 GBP

25p ordinary

 CFD

Opening Short

48,052

28.7289 ZAR

25p ordinary

 CFD

Opening Short

245,716

1.4770 GBP

25p ordinary

 CFD

Opening Short

247,344

28.9885 ZAR

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

date

money

relevant

selling,

securities

per unit

paid/

security

varying etc

to which

received

option

per unit

relates

(ii)

Exercising

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

securities

unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings 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:

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 of future acquisition or disposal of any relevant securities to which

any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

24 Jun 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213