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:

12 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:

8,922,427

1.05%

5,594,458

0.66%

(2)

Cash-settled derivatives:

6,922,689

0.81%

7,570,590

0.89%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

15,845,116

1.86%

13,165,048

1.55%

(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

286,279

1.4329 GBP

1.416 GBP

25p ordinary

Sale

139,922

1.4330 GBP

1.4226 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

120

1.4330 GBP

25p ordinary

 SWAP

Decreasing Long

160

28.0100 ZAR

25p ordinary

 SWAP

Decreasing Long

353

27.9500 ZAR

25p ordinary

 SWAP

Decreasing Long

424

27.9000 ZAR

25p ordinary

 SWAP

Decreasing Long

1,229

1.4278 GBP

25p ordinary

 CFD

Decreasing Long

1,824

28.0100 ZAR

25p ordinary

 CFD

Decreasing Long

1,824

28.0100 ZAR

25p ordinary

 CFD

Decreasing Long

3,348

28.0178 ZAR

25p ordinary

 SWAP

Decreasing Long

10,000

1.4190 GBP

25p ordinary

 SWAP

Decreasing Long

10,341

27.9507 ZAR

25p ordinary

 SWAP

Decreasing Long

14,348

1.4261 GBP

25p ordinary

 SWAP

Decreasing Long

24,593

1.4258 GBP

25p ordinary

 SWAP

Decreasing Long

33,302

1.4330 GBP

25p ordinary

 SWAP

Decreasing Long

63,004

28.0776 ZAR

25p ordinary

 CFD

Decreasing Long

71,436

1.4235 GBP

25p ordinary

 CFD

Decreasing Long

85,112

28.0450 ZAR

25p ordinary

 CFD

Decreasing Long

85,808

1.4328 GBP

25p ordinary

 CFD

Decreasing Long

97,608

1.4275 GBP

25p ordinary

 CFD

Decreasing Long

252,016

28.0691 ZAR

25p ordinary

 CFD

Decreasing Long

252,016

1.4241 GBP

25p ordinary

 CFD

Decreasing Short

120

1.4330 GBP

25p ordinary

 SWAP

Decreasing Short

160

28.0100 ZAR

25p ordinary

 SWAP

Decreasing Short

353

27.9500 ZAR

25p ordinary

 SWAP

Decreasing Short

424

27.9000 ZAR

25p ordinary

 CFD

Decreasing Short

1,824

28.0100 ZAR

25p ordinary

 CFD

Decreasing Short

1,824

28.0100 ZAR

25p ordinary

 CFD

Decreasing Short

3,348

28.0178 ZAR

25p ordinary

 SWAP

Decreasing Short

10,341

27.9507 ZAR

25p ordinary

 CFD

Decreasing Short

71,436

1.4235 GBP

25p ordinary

 CFD

Decreasing Short

85,112

28.0450 ZAR

25p ordinary

 CFD

Decreasing Short

85,808

1.4328 GBP

25p ordinary

 CFD

Decreasing Short

97,608

1.4275 GBP

25p ordinary

 CFD

Decreasing Short

252,016

28.0691 ZAR

25p ordinary

 CFD

Decreasing Short

252,016

1.4241 GBP

25p ordinary

 SWAP

Increasing Short

2,394

1.4204 GBP

25p ordinary

 SWAP

Increasing Short

5,000

1.4244 GBP

25p ordinary

 SWAP

Increasing Short

40,770

1.4229 GBP

25p ordinary

 CFD

Opening Long

120

1.4330 GBP

25p ordinary

 CFD

Opening Long

1,824

28.0100 ZAR

25p ordinary

 CFD

Opening Long

1,824

28.0100 ZAR

25p ordinary

 CFD

Opening Long

3,348

28.0178 ZAR

25p ordinary

 CFD

Opening Long

71,436

1.4235 GBP

25p ordinary

 CFD

Opening Long

85,112

28.0450 ZAR

25p ordinary

 CFD

Opening Long

85,808

1.4328 GBP

25p ordinary

 CFD

Opening Long

97,608

1.4275 GBP

25p ordinary

 CFD

Opening Long

252,016

28.0691 ZAR

25p ordinary

 CFD

Opening Long

252,016

1.4241 GBP

25p ordinary

 CFD

Opening Short

120

1.4330 GBP

25p ordinary

 CFD

Opening Short

1,824

28.0100 ZAR

25p ordinary

 CFD

Opening Short

1,824

28.0100 ZAR

25p ordinary

 CFD

Opening Short

3,348

28.0178 ZAR

25p ordinary

 CFD

Opening Short

71,436

1.4235 GBP

25p ordinary

 CFD

Opening Short

85,112

28.0450 ZAR

25p ordinary

 CFD

Opening Short

85,808

1.4328 GBP

25p ordinary

 CFD

Opening Short

97,608

1.4275 GBP

25p ordinary

 CFD

Opening Short

252,016

28.0691 ZAR

25p ordinary

 CFD

Opening Short

252,016

1.4241 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:

15 Aug 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213