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:

01 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:

9,099,975

1.07%

6,465,730

0.76%

(2)

Cash-settled derivatives:

9,499,212

1.12%

8,003,813

0.94%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

18,599,187

2.18%

14,469,543

1.70%

(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

188,292

1.4960 GBP

1.4719 GBP

25p ordinary

Sale

99,515

1.4930 GBP

1.4719 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

25p ordinary

 SWAP

Decreasing Long

12

1.4920 GBP

25p ordinary

 SWAP

Decreasing Long

21

1.4720 GBP

25p ordinary

 SWAP

Decreasing Long

29

1.4800 GBP

25p ordinary

 SWAP

Decreasing Long

35

1.4781 GBP

25p ordinary

 CFD

Decreasing Long

1,060

1.4720 GBP

25p ordinary

 CFD

Decreasing Long

1,192

30.1015 ZAR

25p ordinary

 SWAP

Decreasing Long

2,000

1.4901 GBP

25p ordinary

 SWAP

Decreasing Long

2,400

1.4848 GBP

25p ordinary

 CFD

Decreasing Long

3,788

1.4748 GBP

25p ordinary

 SWAP

Decreasing Long

7,755

1.4898 GBP

25p ordinary

 CFD

Decreasing Long

8,868

1.4919 GBP

25p ordinary

 SWAP

Decreasing Long

10,072

1.4864 GBP

25p ordinary

 SWAP

Decreasing Long

11,105

1.4719 GBP

25p ordinary

 CFD

Decreasing Long

11,428

29.7934 ZAR

25p ordinary

 SWAP

Decreasing Long

12,351

1.4834 GBP

25p ordinary

 CFD

Decreasing Long

13,180

29.9148 ZAR

25p ordinary

 SWAP

Decreasing Long

13,232

29.9480 ZAR

25p ordinary

 CFD

Decreasing Long

15,612

29.7118 ZAR

25p ordinary

 CFD

Decreasing Long

15,880

29.9460 ZAR

25p ordinary

 SWAP

Decreasing Long

18,180

29.7528 ZAR

25p ordinary

 CFD

Decreasing Long

19,160

1.4832 GBP

25p ordinary

 SWAP

Decreasing Long

20,123

1.4743 GBP

25p ordinary

 CFD

Decreasing Long

20,876

1.4765 GBP

25p ordinary

 CFD

Decreasing Long

25,020

29.7000 ZAR

25p ordinary

 CFD

Decreasing Long

25,020

29.7000 ZAR

25p ordinary

 SWAP

Decreasing Long

25,318

30.0532 ZAR

25p ordinary

 CFD

Decreasing Long

70,040

1.4782 GBP

25p ordinary

 CFD

Decreasing Long

72,720

29.7617 ZAR

25p ordinary

 SWAP

Decreasing Long

81,521

1.4740 GBP

25p ordinary

 CFD

Decreasing Long

98,592

1.4912 GBP

25p ordinary

 CFD

Decreasing Long

101,272

30.0442 ZAR

25p ordinary

 SWAP

Decreasing Short

55

29.7000 ZAR

25p ordinary

 SWAP

Decreasing Short

985

30.0700 ZAR

25p ordinary

 CFD

Decreasing Short

1,060

1.4720 GBP

25p ordinary

 CFD

Decreasing Short

1,192

30.1015 ZAR

25p ordinary

 CFD

Decreasing Short

3,788

1.4748 GBP

25p ordinary

 CFD

Decreasing Short

8,868

1.4919 GBP

25p ordinary

 CFD

Decreasing Short

11,428

29.7934 ZAR

25p ordinary

 CFD

Decreasing Short

13,180

29.9148 ZAR

25p ordinary

 SWAP

Decreasing Short

13,232

29.9480 ZAR

25p ordinary

 CFD

Decreasing Short

15,612

29.7118 ZAR

25p ordinary

 CFD

Decreasing Short

15,880

29.9460 ZAR

25p ordinary

 CFD

Decreasing Short

19,160

1.4832 GBP

25p ordinary

 CFD

Decreasing Short

20,876

1.4765 GBP

25p ordinary

 CFD

Decreasing Short

25,020

29.7000 ZAR

25p ordinary

 CFD

Decreasing Short

25,020

29.7000 ZAR

25p ordinary

 CFD

Decreasing Short

70,040

1.4782 GBP

25p ordinary

 CFD

Decreasing Short

72,720

29.7617 ZAR

25p ordinary

 CFD

Decreasing Short

98,592

1.4912 GBP

25p ordinary

 CFD

Decreasing Short

101,272

30.0442 ZAR

25p ordinary

 SWAP

Increasing Long

985

30.0700 ZAR

25p ordinary

 SWAP

Increasing Long

3,958

29.7000 ZAR

25p ordinary

 SWAP

Increasing Short

78

1.4730 GBP

25p ordinary

 SWAP

Increasing Short

322

1.4736 GBP

25p ordinary

 SWAP

Increasing Short

8,281

1.4818 GBP

25p ordinary

 SWAP

Increasing Short

81,521

1.4740 GBP

25p ordinary

 CFD

Opening Long

1,060

1.4720 GBP

25p ordinary

 CFD

Opening Long

1,192

30.1015 ZAR

25p ordinary

 CFD

Opening Long

3,788

1.4748 GBP

25p ordinary

 CFD

Opening Long

8,868

1.4919 GBP

25p ordinary

 CFD

Opening Long

11,428

29.7934 ZAR

25p ordinary

 CFD

Opening Long

13,180

29.9148 ZAR

25p ordinary

 CFD

Opening Long

15,612

29.7118 ZAR

25p ordinary

 CFD

Opening Long

15,880

29.9460 ZAR

25p ordinary

 CFD

Opening Long

19,160

1.4832 GBP

25p ordinary

 CFD

Opening Long

20,876

1.4765 GBP

25p ordinary

 CFD

Opening Long

25,020

29.7000 ZAR

25p ordinary

 CFD

Opening Long

25,020

29.7000 ZAR

25p ordinary

 CFD

Opening Long

70,040

1.4782 GBP

25p ordinary

 CFD

Opening Long

72,720

29.7617 ZAR

25p ordinary

 CFD

Opening Long

98,592

1.4912 GBP

25p ordinary

 CFD

Opening Long

101,272

30.0442 ZAR

25p ordinary

 CFD

Opening Short

1,060

1.4720 GBP

25p ordinary

 CFD

Opening Short

1,192

30.1015 ZAR

25p ordinary

 CFD

Opening Short

3,788

1.4748 GBP

25p ordinary

 CFD

Opening Short

8,868

1.4919 GBP

25p ordinary

 CFD

Opening Short

11,428

29.7934 ZAR

25p ordinary

 CFD

Opening Short

13,180

29.9148 ZAR

25p ordinary

 CFD

Opening Short

15,612

29.7118 ZAR

25p ordinary

 CFD

Opening Short

15,880

29.9460 ZAR

25p ordinary

 CFD

Opening Short

19,160

1.4832 GBP

25p ordinary

 CFD

Opening Short

20,876

1.4765 GBP

25p ordinary

 CFD

Opening Short

25,020

29.7000 ZAR

25p ordinary

 CFD

Opening Short

25,020

29.7000 ZAR

25p ordinary

 CFD

Opening Short

70,040

1.4782 GBP

25p ordinary

 CFD

Opening Short

72,720

29.7617 ZAR

25p ordinary

 CFD

Opening Short

98,592

1.4912 GBP

25p ordinary

 CFD

Opening Short

101,272

30.0442 ZAR

25p ordinary

 SWAP

Opening Long

26

1.4741 GBP

25p ordinary

 SWAP

Opening Long

287

1.4885 GBP

25p ordinary

 SWAP

Opening Long

338

1.4839 GBP

25p ordinary

 SWAP

Opening Long

418

1.4828 GBP

25p ordinary

 SWAP

Opening Long

542

1.4831 GBP

25p ordinary

 SWAP

Opening Long

2,371

1.4719 GBP

25p ordinary

 SWAP

Opening Long

15,029

1.4805 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:

2 Aug 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213