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:

24 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:

5,747,909

0.68%

7,431,230

0.87%

(2)

Cash-settled derivatives:

14,525,401

1.71%

4,193,147

0.49%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

20,273,310

2.38%

11,624,377

1.37%

(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

376,146

1.4910 GBP

1.4662 GBP

25p ordinary

Sale

371,549

1.4880 GBP

1.469 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

1,092

28.8300 ZAR

25p ordinary

 CFD

Decreasing Long

1,092

28.8300 ZAR

25p ordinary

 SWAP

Decreasing Long

2,137

1.4662 GBP

25p ordinary

 SWAP

Decreasing Long

3,735

28.6154 ZAR

25p ordinary

 SWAP

Decreasing Long

5,798

28.8861 ZAR

25p ordinary

 CFD

Decreasing Long

9,136

28.8415 ZAR

25p ordinary

 CFD

Decreasing Long

14,524

1.4693 GBP

25p ordinary

 CFD

Decreasing Long

14,940

28.6240 ZAR

25p ordinary

 SWAP

Decreasing Long

20,088

1.4856 GBP

25p ordinary

 CFD

Decreasing Long

22,436

1.4799 GBP

25p ordinary

 CFD

Decreasing Long

23,192

28.8774 ZAR

25p ordinary

 CFD

Decreasing Long

134,364

1.4823 GBP

25p ordinary

 SWAP

Increasing Long

1,726

1.4874 GBP

25p ordinary

 SWAP

Increasing Long

3,768

1.4768 GBP

25p ordinary

 SWAP

Increasing Long

3,847

1.4756 GBP

25p ordinary

 SWAP

Increasing Long

4,314

1.4797 GBP

25p ordinary

 SWAP

Increasing Long

4,409

1.4910 GBP

25p ordinary

 SWAP

Increasing Long

4,436

1.4750 GBP

25p ordinary

 SWAP

Increasing Long

5,166

1.4870 GBP

25p ordinary

 SWAP

Increasing Long

6,231

28.8300 ZAR

25p ordinary

 SWAP

Increasing Long

8,695

1.4769 GBP

25p ordinary

 SWAP

Increasing Long

10,277

1.4782 GBP

25p ordinary

 SWAP

Increasing Long

13,071

1.4831 GBP

25p ordinary

 SWAP

Increasing Long

16,274

1.4781 GBP

25p ordinary

 SWAP

Increasing Long

18,116

1.4828 GBP

25p ordinary

 SWAP

Increasing Long

20,102

1.4818 GBP

25p ordinary

 SWAP

Increasing Long

35,497

1.4821 GBP

25p ordinary

 SWAP

Increasing Long

38,359

1.4800 GBP

25p ordinary

 SWAP

Increasing Long

65,598

1.4800 GBP

25p ordinary

 SWAP

Increasing Long

94,167

1.4788 GBP

25p ordinary

 CFD

Increasing Short

1,092

28.8300 ZAR

25p ordinary

 CFD

Increasing Short

1,092

28.8300 ZAR

25p ordinary

 SWAP

Increasing Short

2,852

1.4795 GBP

25p ordinary

 SWAP

Increasing Short

3,947

28.8300 ZAR

25p ordinary

 CFD

Increasing Short

9,136

28.8415 ZAR

25p ordinary

 CFD

Increasing Short

14,524

1.4693 GBP

25p ordinary

 CFD

Increasing Short

14,940

28.6240 ZAR

25p ordinary

 SWAP

Increasing Short

15,568

1.4910 GBP

25p ordinary

 CFD

Increasing Short

22,436

1.4799 GBP

25p ordinary

 CFD

Increasing Short

23,192

28.8774 ZAR

25p ordinary

 SWAP

Increasing Short

112,506

1.4756 GBP

25p ordinary

 CFD

Increasing Short

134,364

1.4823 GBP

25p ordinary

 CFD

Opening Long

1,092

28.8300 ZAR

25p ordinary

 CFD

Opening Long

1,092

28.8300 ZAR

25p ordinary

 CFD

Opening Long

9,136

28.8415 ZAR

25p ordinary

 CFD

Opening Long

14,524

1.4693 GBP

25p ordinary

 CFD

Opening Long

14,940

28.6240 ZAR

25p ordinary

 CFD

Opening Long

22,436

1.4799 GBP

25p ordinary

 CFD

Opening Long

23,192

28.8774 ZAR

25p ordinary

 CFD

Opening Long

134,364

1.4823 GBP

25p ordinary

 CFD

Opening Short

1,092

28.8300 ZAR

25p ordinary

 CFD

Opening Short

1,092

28.8300 ZAR

25p ordinary

 CFD

Opening Short

9,136

28.8415 ZAR

25p ordinary

 CFD

Opening Short

14,524

1.4693 GBP

25p ordinary

 CFD

Opening Short

14,940

28.6240 ZAR

25p ordinary

 SWAP

Opening Short

16,500

1.4811 GBP

25p ordinary

 CFD

Opening Short

22,436

1.4799 GBP

25p ordinary

 CFD

Opening Short

23,192

28.8774 ZAR

25p ordinary

 CFD

Opening Short

134,364

1.4823 GBP

25p ordinary

 SWAP

Opening Long

16,500

1.4878 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:

27 Jun 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213