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:

11 August 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:

8,897,258

1.05%

5,715,646

0.67%

(2)

Cash-settled derivatives:

7,094,844

0.83%

7,890,677

0.93%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

15,992,102

1.88%

13,606,323

1.60%

(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

292,965

1.4410 GBP

1.4179 GBP

25p ordinary

Sale

104,317

1.4410 GBP

1.413 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

36

1.4177 GBP

25p ordinary

 SWAP

Decreasing Long

1,002

28.2198 ZAR

25p ordinary

 CFD

Decreasing Long

1,048

28.2000 ZAR

25p ordinary

 CFD

Decreasing Long

1,048

28.2000 ZAR

25p ordinary

 SWAP

Decreasing Long

1,770

28.1440 ZAR

25p ordinary

 CFD

Decreasing Long

1,844

1.4180 GBP

25p ordinary

 CFD

Decreasing Long

2,960

28.2078 ZAR

25p ordinary

 CFD

Decreasing Long

4,000

1.4302 GBP

25p ordinary

 CFD

Decreasing Long

4,008

28.2283 ZAR

25p ordinary

 SWAP

Decreasing Long

4,030

1.4262 GBP

25p ordinary

 SWAP

Decreasing Long

5,000

1.4250 GBP

25p ordinary

 CFD

Decreasing Long

7,008

28.3805 ZAR

25p ordinary

 SWAP

Decreasing Long

7,713

1.4280 GBP

25p ordinary

 CFD

Decreasing Long

9,768

28.2112 ZAR

25p ordinary

 SWAP

Decreasing Long

12,465

1.4237 GBP

25p ordinary

 SWAP

Decreasing Long

18,239

28.1441 ZAR

25p ordinary

 SWAP

Decreasing Long

20,177

1.4180 GBP

25p ordinary

 SWAP

Decreasing Long

24,537

1.4251 GBP

25p ordinary

 CFD

Decreasing Long

62,080

28.2476 ZAR

25p ordinary

 CFD

Decreasing Long

78,292

1.4245 GBP

25p ordinary

 SWAP

Decreasing Long

124,130

28.2165 ZAR

25p ordinary

 CFD

Decreasing Long

495,564

1.4274 GBP

25p ordinary

 CFD

Decreasing Long

496,520

28.2080 ZAR

25p ordinary

 SWAP

Decreasing Short

2

1.4339 GBP

25p ordinary

 CFD

Decreasing Short

36

1.4177 GBP

25p ordinary

 SWAP

Decreasing Short

373

28.2000 ZAR

25p ordinary

 SWAP

Decreasing Short

390

28.1600 ZAR

25p ordinary

 CFD

Decreasing Short

1,048

28.2000 ZAR

25p ordinary

 CFD

Decreasing Short

1,048

28.2000 ZAR

25p ordinary

 SWAP

Decreasing Short

1,179

28.2337 ZAR

25p ordinary

 SWAP

Decreasing Short

1,770

28.1440 ZAR

25p ordinary

 CFD

Decreasing Short

1,844

1.4180 GBP

25p ordinary

 SWAP

Decreasing Short

2,500

1.4283 GBP

25p ordinary

 CFD

Decreasing Short

2,960

28.2078 ZAR

25p ordinary

 CFD

Decreasing Short

4,000

1.4302 GBP

25p ordinary

 CFD

Decreasing Short

4,008

28.2283 ZAR

25p ordinary

 CFD

Decreasing Short

7,008

28.3805 ZAR

25p ordinary

 CFD

Decreasing Short

9,768

28.2112 ZAR

25p ordinary

 SWAP

Decreasing Short

18,239

28.1441 ZAR

25p ordinary

 CFD

Decreasing Short

62,080

28.2476 ZAR

25p ordinary

 CFD

Decreasing Short

78,292

1.4245 GBP

25p ordinary

 CFD

Decreasing Short

495,564

1.4274 GBP

25p ordinary

 CFD

Decreasing Short

496,520

28.2080 ZAR

25p ordinary

 SWAP

Increasing Long

390

28.1600 ZAR

25p ordinary

 SWAP

Increasing Long

1,179

28.2337 ZAR

25p ordinary

 SWAP

Increasing Long

2,815

28.2000 ZAR

25p ordinary

 SWAP

Increasing Short

25,586

1.4283 GBP

25p ordinary

 CFD

Opening Long

36

1.4177 GBP

25p ordinary

 CFD

Opening Long

1,048

28.2000 ZAR

25p ordinary

 CFD

Opening Long

1,048

28.2000 ZAR

25p ordinary

 CFD

Opening Long

1,844

1.4180 GBP

25p ordinary

 CFD

Opening Long

2,960

28.2078 ZAR

25p ordinary

 CFD

Opening Long

4,000

1.4302 GBP

25p ordinary

 CFD

Opening Long

4,008

28.2283 ZAR

25p ordinary

 CFD

Opening Long

7,008

28.3805 ZAR

25p ordinary

 CFD

Opening Long

9,768

28.2112 ZAR

25p ordinary

 CFD

Opening Long

62,080

28.2476 ZAR

25p ordinary

 CFD

Opening Long

78,292

1.4245 GBP

25p ordinary

 CFD

Opening Long

495,564

1.4274 GBP

25p ordinary

 CFD

Opening Long

496,520

28.2080 ZAR

25p ordinary

 CFD

Opening Short

36

1.4177 GBP

25p ordinary

 SWAP

Opening Short

261

1.4181 GBP

25p ordinary

 CFD

Opening Short

1,048

28.2000 ZAR

25p ordinary

 CFD

Opening Short

1,048

28.2000 ZAR

25p ordinary

 CFD

Opening Short

1,844

1.4180 GBP

25p ordinary

 CFD

Opening Short

2,960

28.2078 ZAR

25p ordinary

 CFD

Opening Short

4,000

1.4302 GBP

25p ordinary

 CFD

Opening Short

4,008

28.2283 ZAR

25p ordinary

 CFD

Opening Short

7,008

28.3805 ZAR

25p ordinary

 SWAP

Opening Short

9,739

1.4210 GBP

25p ordinary

 CFD

Opening Short

9,768

28.2112 ZAR

25p ordinary

 CFD

Opening Short

62,080

28.2476 ZAR

25p ordinary

 CFD

Opening Short

78,292

1.4245 GBP

25p ordinary

 CFD

Opening Short

495,564

1.4274 GBP

25p ordinary

 CFD

Opening Short

496,520

28.2080 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:

12 Aug 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213