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 relevant securities this form relates:

CAPITAL & COUNTIES PROPERTIES PLC

(c)

Name of the party to the offer with which exempt principal trader is connected

Capital & Counties Properties plc

(d)

Date position held/dealing undertaken:

06 Mar 2023

(e)

In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer?

YES: 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:

8,057,763

0.44%

7,369,150

0.40%

(2) Cash-settled derivatives:

7,261,901

0.40%

6,914,065

0.38%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

15,319,664

0.84%

14,283,215

0.78%

(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)

Purchase and sales

Class of relevant security

Purchase/sale

Total number of securities

Highest price per unit paid/received

Lowest price per unit paid/received

25p ordinary

Purchase

2527955

1.3130 GBP

1.1973 GBP

25p ordinary

Sale

8170052

1.3130 GBP

1.1952 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

25p ordinary

SWAP

Closing Short

80

1.2940 GBP

25p ordinary

SWAP

Closing Short

180

1.2865 GBP

25p ordinary

SWAP

Closing Short

42,465

1.3130 GBP

25p ordinary

CFD

Decreasing Long

1

1.3000 GBP

25p ordinary

SWAP

Decreasing Long

99

1.2290 GBP

25p ordinary

SWAP

Decreasing Long

532

28.4503 ZAR

25p ordinary

SWAP

Decreasing Long

646

28.4500 ZAR

25p ordinary

SWAP

Decreasing Long

1,970

1.3089 GBP

25p ordinary

CFD

Decreasing Long

2,008

1.3047 GBP

25p ordinary

SWAP

Decreasing Long

2,457

1.2745 GBP

25p ordinary

CFD

Decreasing Long

6,498

1.2936 GBP

25p ordinary

SWAP

Decreasing Long

7,135

1.3014 GBP

25p ordinary

SWAP

Decreasing Long

7,187

1.2968 GBP

25p ordinary

SWAP

Decreasing Long

7,292

1.3056 GBP

25p ordinary

SWAP

Decreasing Long

8,617

28.2785 ZAR

25p ordinary

CFD

Decreasing Long

11,454

1.3046 GBP

25p ordinary

CFD

Decreasing Long

11,818

1.2933 GBP

25p ordinary

CFD

Decreasing Long

13,242

1.3040 GBP

25p ordinary

SWAP

Decreasing Long

17,691

28.2502 ZAR

25p ordinary

SWAP

Decreasing Long

18,422

1.2980 GBP

25p ordinary

SWAP

Decreasing Long

26,502

1.3048 GBP

25p ordinary

SWAP

Decreasing Long

28,936

1.2992 GBP

25p ordinary

CFD

Decreasing Long

41,800

1.3130 GBP

25p ordinary

CFD

Decreasing Long

187,290

0.0000 GBP

25p ordinary

SWAP

Decreasing Long

3,240,375

0.0000 GBP

25p ordinary

SWAP

Decreasing Short

90

1.2729 GBP

25p ordinary

SWAP

Decreasing Short

532

28.4503 ZAR

25p ordinary

SWAP

Decreasing Short

646

28.4500 ZAR

25p ordinary

SWAP

Decreasing Short

2,253

1.2950 GBP

25p ordinary

SWAP

Decreasing Short

3,820

1.2885 GBP

25p ordinary

CFD

Decreasing Short

4,264

28.1613 ZAR

25p ordinary

CFD

Decreasing Short

7,829

28.3777 ZAR

25p ordinary

SWAP

Decreasing Short

8,442

1.3103 GBP

25p ordinary

CFD

Decreasing Short

8,617

28.2700 ZAR

25p ordinary

SWAP

Decreasing Short

15,560

1.3049 GBP

25p ordinary

CFD

Decreasing Short

17,691

28.2424 ZAR

25p ordinary

SWAP

Decreasing Short

209,806

0.0000 GBP

25p ordinary

SWAP

Decreasing Short

449,202

1.2968 GBP

25p ordinary

SWAP

Decreasing Short

548,448

1.2963 GBP

25p ordinary

CFD

Increasing Long

236

1.3130 GBP

25p ordinary

SWAP

Increasing Long

1,862

1.3000 GBP

25p ordinary

SWAP

Increasing Long

9,267

1.2960 GBP

25p ordinary

SWAP

Increasing Long

14,246

1.3071 GBP

25p ordinary

SWAP

Increasing Long

18,691

26.7571 ZAR

25p ordinary

CFD

Increasing Long

20,443

1.3128 GBP

25p ordinary

SWAP

Increasing Long

20,958

1.3038 GBP

25p ordinary

SWAP

Increasing Long

21,400

28.4397 ZAR

25p ordinary

SWAP

Increasing Long

33,057

1.3022 GBP

25p ordinary

CFD

Increasing Long

46,161

1.3017 GBP

25p ordinary

SWAP

Increasing Long

52,759

1.3011 GBP

25p ordinary

SWAP

Increasing Long

96,286

0.0000 GBP

25p ordinary

SWAP

Increasing Long

102,791

1.2861 GBP

25p ordinary

CFD

Increasing Long

119,241

0.0000 GBP

25p ordinary

SWAP

Increasing Long

201,854

1.3084 GBP

25p ordinary

SWAP

Increasing Long

223,303

1.3092 GBP

25p ordinary

SWAP

Increasing Long

287,402

1.3098 GBP

25p ordinary

CFD

Increasing Long

462,838

1.2991 GBP

25p ordinary

SWAP

Increasing Long

464,957

28.3998 ZAR

25p ordinary

SWAP

Increasing Short

320

1.2940 GBP

25p ordinary

SWAP

Increasing Short

710

1.3030 GBP

25p ordinary

SWAP

Increasing Short

720

1.2865 GBP

25p ordinary

CFD

Increasing Short

3,831

26.6206 ZAR

25p ordinary

SWAP

Increasing Short

6,162

1.3006 GBP

25p ordinary

SWAP

Increasing Short

7,926

1.2972 GBP

25p ordinary

SWAP

Increasing Short

9,020

1.3007 GBP

25p ordinary

SWAP

Increasing Short

9,757

1.2919 GBP

25p ordinary

SWAP

Increasing Short

11,188

1.2925 GBP

25p ordinary

CFD

Increasing Short

18,691

26.7645 ZAR

25p ordinary

SWAP

Increasing Short

21,035

1.2953 GBP

25p ordinary

SWAP

Increasing Short

21,040

1.3001 GBP

25p ordinary

CFD

Increasing Short

21,400

28.4475 ZAR

25p ordinary

SWAP

Increasing Short

29,950

1.2960 GBP

25p ordinary

SWAP

Increasing Short

68,818

1.2841 GBP

25p ordinary

SWAP

Increasing Short

254,756

1.2964 GBP

25p ordinary

SWAP

Increasing Short

258,000

1.3080 GBP

25p ordinary

SWAP

Increasing Short

362,921

0.0000 GBP

25p ordinary

CFD

Increasing Short

464,957

28.4083 ZAR

25p ordinary

SWAP

Opening Long

4,195

0.0000 GBP

25p ordinary

SWAP

Opening Long

12,880

0.0000 GBP

25p ordinary

SWAP

Opening Long

30,158

1.2821 GBP

25p ordinary

SWAP

Opening Long

87,526

1.2925 GBP

25p ordinary

SWAP

Opening Long

445,086

0.0000 GBP

25p ordinary

SWAP

Opening Short

4,524

1.2069 GBP

25p ordinary

SWAP

Opening Short

9,037

1.1958 GBP

25p ordinary

SWAP

Opening Short

11,877

1.2068 GBP

25p ordinary

SWAP

Opening Short

13,954

1.1843 GBP

25p ordinary

SWAP

Opening Short

15,337

1.1986 GBP

25p ordinary

SWAP

Opening Short

15,438

1.1940 GBP

25p ordinary

SWAP

Opening Short

15,534

1.1319 GBP

25p ordinary

SWAP

Opening Short

15,844

1.0783 GBP

25p ordinary

SWAP

Opening Short

16,810

1.1714 GBP

25p ordinary

SWAP

Opening Short

16,864

1.1959 GBP

25p ordinary

SWAP

Opening Short

2,262,913

0.0000 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

Option money paid/ received per unit

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if 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:

07 Mar 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213