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:

07 Feb 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:

8,930,006

1.05%

7,332,514

0.86%

(2) Cash-settled derivatives:

7,504,279

0.88%

7,503,056

0.88%

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

0

0.00%

0

0.00%

TOTAL: 

16,434,285

1.93%

14,835,570

1.74%

(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

134327

1.2200 GBP

1.1920 GBP

25p ordinary

Sale

165810

1.2240 GBP

1.1910 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

Decreasing Long

6

1.2070 GBP

25p ordinary

SWAP

Decreasing Long

63

25.6200 ZAR

25p ordinary

SWAP

Decreasing Long

63

25.6200 ZAR

25p ordinary

SWAP

Decreasing Long

84

25.6003 ZAR

25p ordinary

SWAP

Decreasing Long

225

25.5986 ZAR

25p ordinary

SWAP

Decreasing Long

253

25.5662 ZAR

25p ordinary

SWAP

Decreasing Long

291

25.5977 ZAR

25p ordinary

SWAP

Decreasing Long

295

25.5974 ZAR

25p ordinary

SWAP

Decreasing Long

305

25.5976 ZAR

25p ordinary

SWAP

Decreasing Long

311

25.5973 ZAR

25p ordinary

SWAP

Decreasing Long

366

25.5835 ZAR

25p ordinary

CFD

Decreasing Long

833

1.2030 GBP

25p ordinary

SWAP

Decreasing Long

1,534

1.2180 GBP

25p ordinary

CFD

Decreasing Long

1,780

1.2221 GBP

25p ordinary

SWAP

Decreasing Long

1,858

25.5660 ZAR

25p ordinary

SWAP

Decreasing Long

2,692

25.5979 ZAR

25p ordinary

SWAP

Decreasing Long

4,182

25.4446 ZAR

25p ordinary

SWAP

Decreasing Long

12,856

25.7162 ZAR

25p ordinary

SWAP

Decreasing Long

16,273

25.6035 ZAR

25p ordinary

CFD

Decreasing Long

89,454

1.2133 GBP

25p ordinary

SWAP

Decreasing Long

89,642

25.6341 ZAR

25p ordinary

SWAP

Decreasing Short

3,044

1.2096 GBP

25p ordinary

CFD

Decreasing Short

4,182

25.4376 ZAR

25p ordinary

SWAP

Decreasing Short

9,382

1.2014 GBP

25p ordinary

SWAP

Decreasing Short

10,461

1.1985 GBP

25p ordinary

CFD

Decreasing Short

12,856

25.7092 ZAR

25p ordinary

SWAP

Decreasing Short

23,259

1.2052 GBP

25p ordinary

CFD

Decreasing Short

89,642

25.6264 ZAR

25p ordinary

SWAP

Increasing Long

63

25.6200 ZAR

25p ordinary

SWAP

Increasing Long

84

25.6003 ZAR

25p ordinary

SWAP

Increasing Long

225

25.5986 ZAR

25p ordinary

SWAP

Increasing Long

253

25.5662 ZAR

25p ordinary

SWAP

Increasing Long

291

25.5977 ZAR

25p ordinary

SWAP

Increasing Long

295

25.5974 ZAR

25p ordinary

SWAP

Increasing Long

305

25.5976 ZAR

25p ordinary

SWAP

Increasing Long

311

25.5973 ZAR

25p ordinary

SWAP

Increasing Long

366

25.5835 ZAR

25p ordinary

CFD

Increasing Long

420

1.2111 GBP

25p ordinary

CFD

Increasing Long

601

1.1908 GBP

25p ordinary

CFD

Increasing Long

833

1.1936 GBP

25p ordinary

SWAP

Increasing Long

1,858

25.5660 ZAR

25p ordinary

SWAP

Increasing Long

2,692

25.5979 ZAR

25p ordinary

SWAP

Increasing Long

2,943

25.3400 ZAR

25p ordinary

SWAP

Increasing Long

3,512

25.5065 ZAR

25p ordinary

SWAP

Increasing Long

21,564

1.2113 GBP

25p ordinary

SWAP

Increasing Long

26,483

1.2035 GBP

25p ordinary

SWAP

Increasing Long

38,244

1.2023 GBP

25p ordinary

SWAP

Increasing Short

2,000

1.2200 GBP

25p ordinary

CFD

Increasing Short

2,943

25.3469 ZAR

25p ordinary

CFD

Increasing Short

3,512

25.5136 ZAR

25p ordinary

SWAP

Increasing Short

7,201

1.2110 GBP

25p ordinary

SWAP

Opening Long

63

25.6200 ZAR

25p ordinary

SWAP

Opening Long

16,273

25.6035 ZAR

(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:

08 Feb 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213