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

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:

08 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:

4,326,742

0.51%

6,002,081

0.71%

(2)

Cash-settled derivatives:

26,006,627

3.06%

3,300,855

0.39%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

30,333,369

3.56%

9,302,936

1.09%

(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

215,414

1.6215 GBP

1.5956 GBP

25p ordinary

Sale

112,516

1.6215 GBP

1.5924 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

25p ordinary

 SWAP

Decreasing Long

20

1.6010 GBP

25p ordinary

 SWAP

Decreasing Long

20

1.6030 GBP

25p ordinary

 SWAP

Decreasing Long

5,603

30.8098 ZAR

25p ordinary

 SWAP

Decreasing Long

7,995

30.8713 ZAR

25p ordinary

 SWAP

Decreasing Long

8,970

30.8781 ZAR

25p ordinary

 SWAP

Decreasing Long

9,523

1.5960 GBP

25p ordinary

 SWAP

Decreasing Long

15,598

1.6095 GBP

25p ordinary

 SWAP

Decreasing Long

73,729

1.6059 GBP

25p ordinary

 SWAP

Decreasing Short

450

1.5990 GBP

25p ordinary

 SWAP

Decreasing Short

949

1.6096 GBP

25p ordinary

 SWAP

Decreasing Short

1,060

1.5924 GBP

25p ordinary

 SWAP

Decreasing Short

1,575

1.6114 GBP

25p ordinary

 SWAP

Decreasing Short

2,021

1.6130 GBP

25p ordinary

 SWAP

Decreasing Short

2,369

1.6024 GBP

25p ordinary

 SWAP

Decreasing Short

5,453

1.6001 GBP

25p ordinary

 SWAP

Decreasing Short

5,603

30.8098 ZAR

25p ordinary

 SWAP

Increasing Long

504

30.4100 ZAR

25p ordinary

 CFD

Increasing Long

7,484

30.4183 ZAR

25p ordinary

 CFD

Increasing Long

8,528

30.4100 ZAR

25p ordinary

 CFD

Increasing Long

8,528

30.4100 ZAR

25p ordinary

 CFD

Increasing Long

10,744

1.5961 GBP

25p ordinary

 CFD

Increasing Long

16,148

1.6015 GBP

25p ordinary

 CFD

Increasing Long

29,768

1.6130 GBP

25p ordinary

 CFD

Increasing Long

31,980

30.8620 ZAR

25p ordinary

 CFD

Increasing Long

33,668

1.6146 GBP

25p ordinary

 CFD

Increasing Long

35,880

30.8874 ZAR

25p ordinary

 CFD

Increasing Long

41,016

1.6091 GBP

25p ordinary

 SWAP

Increasing Short

504

30.4100 ZAR

25p ordinary

 SWAP

Increasing Short

994

1.6080 GBP

25p ordinary

 SWAP

Increasing Short

1,231

1.6134 GBP

25p ordinary

 CFD

Increasing Short

7,484

30.4183 ZAR

25p ordinary

 CFD

Increasing Short

8,528

30.4100 ZAR

25p ordinary

 CFD

Increasing Short

8,528

30.4100 ZAR

25p ordinary

 SWAP

Increasing Short

10,431

1.6121 GBP

25p ordinary

 CFD

Increasing Short

10,744

1.5961 GBP

25p ordinary

 SWAP

Increasing Short

11,916

1.5985 GBP

25p ordinary

 SWAP

Increasing Short

15,603

1.6017 GBP

25p ordinary

 CFD

Increasing Short

16,148

1.6015 GBP

25p ordinary

 CFD

Increasing Short

29,768

1.6130 GBP

25p ordinary

 CFD

Increasing Short

31,980

30.8620 ZAR

25p ordinary

 CFD

Increasing Short

33,668

1.6146 GBP

25p ordinary

 CFD

Increasing Short

35,880

30.8874 ZAR

25p ordinary

 CFD

Increasing Short

41,016

1.6091 GBP

25p ordinary

 CFD

Opening Long

7,484

30.4183 ZAR

25p ordinary

 CFD

Opening Long

8,528

30.4100 ZAR

25p ordinary

 CFD

Opening Long

8,528

30.4100 ZAR

25p ordinary

 CFD

Opening Long

10,744

1.5961 GBP

25p ordinary

 CFD

Opening Long

16,148

1.6015 GBP

25p ordinary

 CFD

Opening Long

29,768

1.6130 GBP

25p ordinary

 CFD

Opening Long

31,980

30.8620 ZAR

25p ordinary

 CFD

Opening Long

33,668

1.6146 GBP

25p ordinary

 CFD

Opening Long

35,880

30.8874 ZAR

25p ordinary

 CFD

Opening Long

41,016

1.6091 GBP

25p ordinary

 SWAP

Opening Short

1,250

1.5951 GBP

25p ordinary

 CFD

Opening Short

7,484

30.4183 ZAR

25p ordinary

 CFD

Opening Short

8,528

30.4100 ZAR

25p ordinary

 CFD

Opening Short

8,528

30.4100 ZAR

25p ordinary

 CFD

Opening Short

10,744

1.5961 GBP

25p ordinary

 CFD

Opening Short

16,148

1.6015 GBP

25p ordinary

 CFD

Opening Short

29,768

1.6130 GBP

25p ordinary

 CFD

Opening Short

31,980

30.8620 ZAR

25p ordinary

 CFD

Opening Short

33,668

1.6146 GBP

25p ordinary

 CFD

Opening Short

35,880

30.8874 ZAR

25p ordinary

 CFD

Opening Short

41,016

1.6091 GBP

25p ordinary

 SWAP

Opening Long

1,250

1.6038 GBP

(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:

9 Jun 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213