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:

25 July 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:

9,133,580

1.07%

7,325,244

0.86%

(2)

Cash-settled derivatives:

10,318,916

1.21%

7,977,558

0.94%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

19,452,496

2.29%

15,302,802

1.80%

(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

388,345

1.4940 GBP

1.4706 GBP

25p ordinary

Sale

187,501

1.4940 GBP

1.469 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

10

1.4880 GBP

25p ordinary

 SWAP

Decreasing Long

11

1.4870 GBP

25p ordinary

 SWAP

Decreasing Long

11

1.4940 GBP

25p ordinary

 SWAP

Decreasing Long

22

1.4690 GBP

25p ordinary

 SWAP

Decreasing Long

33

1.4780 GBP

25p ordinary

 SWAP

Decreasing Long

2,000

1.4930 GBP

25p ordinary

 CFD

Decreasing Long

4,000

30.1800 ZAR

25p ordinary

 CFD

Decreasing Long

4,000

30.0900 ZAR

25p ordinary

 CFD

Decreasing Long

6,440

29.9302 ZAR

25p ordinary

 CFD

Decreasing Long

8,172

1.4881 GBP

25p ordinary

 CFD

Decreasing Long

14,192

29.8200 ZAR

25p ordinary

 CFD

Decreasing Long

14,192

29.8200 ZAR

25p ordinary

 CFD

Decreasing Long

14,192

29.8283 ZAR

25p ordinary

 SWAP

Decreasing Long

15,360

1.4812 GBP

25p ordinary

 SWAP

Decreasing Long

16,154

1.4865 GBP

25p ordinary

 SWAP

Decreasing Long

16,359

1.4875 GBP

25p ordinary

 SWAP

Decreasing Long

16,813

1.4690 GBP

25p ordinary

 SWAP

Decreasing Long

18,684

1.4764 GBP

25p ordinary

 SWAP

Decreasing Long

22,361

1.4716 GBP

25p ordinary

 CFD

Decreasing Long

29,912

29.8319 ZAR

25p ordinary

 CFD

Decreasing Long

44,852

30.0628 ZAR

25p ordinary

 SWAP

Decreasing Long

98,490

1.4799 GBP

25p ordinary

 CFD

Decreasing Long

115,528

29.9530 ZAR

25p ordinary

 CFD

Decreasing Long

117,420

1.4860 GBP

25p ordinary

 CFD

Decreasing Long

122,180

29.9725 ZAR

25p ordinary

 CFD

Decreasing Long

123,052

1.4839 GBP

25p ordinary

 CFD

Decreasing Long

162,612

1.4691 GBP

25p ordinary

 SWAP

Decreasing Short

2,000

1.4848 GBP

25p ordinary

 SWAP

Increasing Long

1,000

30.0900 ZAR

25p ordinary

 SWAP

Increasing Long

1,000

30.1800 ZAR

25p ordinary

 SWAP

Increasing Long

6,785

30.0893 ZAR

25p ordinary

 SWAP

Increasing Long

28,882

29.9440 ZAR

25p ordinary

 SWAP

Increasing Long

30,545

29.9815 ZAR

25p ordinary

 SWAP

Increasing Short

204

1.4920 GBP

25p ordinary

 CFD

Increasing Short

4,000

30.1800 ZAR

25p ordinary

 CFD

Increasing Short

4,000

30.0900 ZAR

25p ordinary

 CFD

Increasing Short

6,440

29.9302 ZAR

25p ordinary

 SWAP

Increasing Short

6,785

30.0893 ZAR

25p ordinary

 CFD

Increasing Short

8,172

1.4881 GBP

25p ordinary

 CFD

Increasing Short

14,192

29.8200 ZAR

25p ordinary

 CFD

Increasing Short

14,192

29.8200 ZAR

25p ordinary

 CFD

Increasing Short

14,192

29.8283 ZAR

25p ordinary

 SWAP

Increasing Short

14,387

29.8200 ZAR

25p ordinary

 SWAP

Increasing Short

20,288

29.8822 ZAR

25p ordinary

 SWAP

Increasing Short

29,344

1.4844 GBP

25p ordinary

 CFD

Increasing Short

29,912

29.8319 ZAR

25p ordinary

 CFD

Increasing Short

44,852

30.0628 ZAR

25p ordinary

 CFD

Increasing Short

115,528

29.9530 ZAR

25p ordinary

 CFD

Increasing Short

117,420

1.4860 GBP

25p ordinary

 CFD

Increasing Short

122,180

29.9725 ZAR

25p ordinary

 CFD

Increasing Short

123,052

1.4839 GBP

25p ordinary

 CFD

Increasing Short

162,612

1.4691 GBP

25p ordinary

 CFD

Opening Long

4,000

30.1800 ZAR

25p ordinary

 CFD

Opening Long

4,000

30.0900 ZAR

25p ordinary

 CFD

Opening Long

6,440

29.9302 ZAR

25p ordinary

 CFD

Opening Long

8,172

1.4881 GBP

25p ordinary

 CFD

Opening Long

14,192

29.8200 ZAR

25p ordinary

 CFD

Opening Long

14,192

29.8200 ZAR

25p ordinary

 CFD

Opening Long

14,192

29.8283 ZAR

25p ordinary

 SWAP

Opening Long

20,288

29.8822 ZAR

25p ordinary

 SWAP

Opening Long

21,865

29.8200 ZAR

25p ordinary

 CFD

Opening Long

29,912

29.8319 ZAR

25p ordinary

 CFD

Opening Long

44,852

30.0628 ZAR

25p ordinary

 CFD

Opening Long

115,528

29.9530 ZAR

25p ordinary

 CFD

Opening Long

117,420

1.4860 GBP

25p ordinary

 CFD

Opening Long

122,180

29.9725 ZAR

25p ordinary

 CFD

Opening Long

123,052

1.4839 GBP

25p ordinary

 CFD

Opening Long

162,612

1.4691 GBP

25p ordinary

 CFD

Opening Short

4,000

30.1800 ZAR

25p ordinary

 CFD

Opening Short

4,000

30.0900 ZAR

25p ordinary

 CFD

Opening Short

6,440

29.9302 ZAR

25p ordinary

 CFD

Opening Short

8,172

1.4881 GBP

25p ordinary

 CFD

Opening Short

14,192

29.8200 ZAR

25p ordinary

 CFD

Opening Short

14,192

29.8200 ZAR

25p ordinary

 CFD

Opening Short

14,192

29.8283 ZAR

25p ordinary

 CFD

Opening Short

29,912

29.8319 ZAR

25p ordinary

 CFD

Opening Short

44,852

30.0628 ZAR

25p ordinary

 CFD

Opening Short

115,528

29.9530 ZAR

25p ordinary

 CFD

Opening Short

117,420

1.4860 GBP

25p ordinary

 CFD

Opening Short

122,180

29.9725 ZAR

25p ordinary

 CFD

Opening Short

123,052

1.4839 GBP

25p ordinary

 CFD

Opening Short

162,612

1.4691 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:

26 Jul 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213