Barclays Regulatory News (BARC)

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:

03 June 2022

(e)

In addition to the company in 1(b) above, is the exempt principal

NO

trader making disclosures in respect of any other party to the offer?

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:

4,293,342

0.50%

5,865,330

0.69%

(2)

Cash-settled derivatives:

19,685,476

2.31%

3,224,081

0.38%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

23,978,818

2.82%

9,089,411

1.07%

(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

Number of

Price per unit

security

securities

(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

1

30.2900 ZAR

25p ordinary

 SWAP

Decreasing Long

291

31.4178 ZAR

25p ordinary

 SWAP

Decreasing Long

506

30.8532 ZAR

25p ordinary

 SWAP

Decreasing Long

573

30.8543 ZAR

25p ordinary

 SWAP

Decreasing Long

604

30.8552 ZAR

25p ordinary

 SWAP

Decreasing Long

686

30.8550 ZAR

25p ordinary

 SWAP

Decreasing Long

981

30.8544 ZAR

25p ordinary

 SWAP

Decreasing Long

2,871

30.8549 ZAR

25p ordinary

 SWAP

Decreasing Long

4,870

30.8548 ZAR

25p ordinary

 SWAP

Decreasing Long

5,265

30.3760 ZAR

25p ordinary

 SWAP

Decreasing Long

9,981

30.3270 ZAR

25p ordinary

 SWAP

Decreasing Long

16,870

31.4400 ZAR

25p ordinary

 SWAP

Decreasing Long

16,870

31.4400 ZAR

25p ordinary

 SWAP

Decreasing Long

39,214

31.4900 ZAR

25p ordinary

 SWAP

Decreasing Long

39,214

31.4900 ZAR

25p ordinary

 SWAP

Decreasing Short

506

30.8532 ZAR

25p ordinary

 SWAP

Decreasing Short

573

30.8543 ZAR

25p ordinary

 SWAP

Decreasing Short

604

30.8552 ZAR

25p ordinary

 SWAP

Decreasing Short

686

30.8550 ZAR

25p ordinary

 SWAP

Decreasing Short

981

30.8544 ZAR

25p ordinary

 SWAP

Decreasing Short

2,871

30.8549 ZAR

25p ordinary

 SWAP

Decreasing Short

4,870

30.8548 ZAR

25p ordinary

 SWAP

Decreasing Short

5,265

30.3760 ZAR

25p ordinary

 SWAP

Decreasing Short

9,981

30.3270 ZAR

25p ordinary

 SWAP

Decreasing Short

10,922

30.2900 ZAR

25p ordinary

 SWAP

Decreasing Short

16,870

31.4400 ZAR

25p ordinary

 SWAP

Decreasing Short

39,214

31.4900 ZAR

25p ordinary

 SWAP

Increasing Short

291

31.4178 ZAR

25p ordinary

 CFD

Increasing Short

4,228

31.2603 ZAR

25p ordinary

 CFD

Increasing Short

9,424

31.3658 ZAR

25p ordinary

 SWAP

Increasing Short

16,870

31.4400 ZAR

25p ordinary

 SWAP

Increasing Short

39,214

31.4900 ZAR

25p ordinary

 CFD

Increasing Short

39,824

30.2983 ZAR

25p ordinary

 CFD

Increasing Short

41,872

30.2900 ZAR

25p ordinary

 CFD

Increasing Short

41,872

30.2900 ZAR

25p ordinary

 CFD

Increasing Short

43,684

30.3021 ZAR

25p ordinary

 CFD

Increasing Short

137,856

31.1696 ZAR

25p ordinary

 CFD

Opening Long

4,228

31.2603 ZAR

25p ordinary

 CFD

Opening Long

9,424

31.3658 ZAR

25p ordinary

 CFD

Opening Long

39,824

30.2983 ZAR

25p ordinary

 CFD

Opening Long

41,872

30.2900 ZAR

25p ordinary

 CFD

Opening Long

41,872

30.2900 ZAR

25p ordinary

 CFD

Opening Long

43,684

30.3021 ZAR

25p ordinary

 CFD

Opening Long

137,856

31.1696 ZAR

25p ordinary

 CFD

Opening Short

4,228

31.2603 ZAR

25p ordinary

 CFD

Opening Short

9,424

31.3658 ZAR

25p ordinary

 CFD

Opening Short

39,824

30.2983 ZAR

25p ordinary

 CFD

Opening Short

41,872

30.2900 ZAR

25p ordinary

 CFD

Opening Short

41,872

30.2900 ZAR

25p ordinary

 CFD

Opening Short

43,684

30.3021 ZAR

25p ordinary

 CFD

Opening Short

137,856

31.1696 ZAR

25p ordinary

 CFD

Increasing Long

4,228

31.2603 ZAR

25p ordinary

 CFD

Increasing Long

9,424

31.3658 ZAR

25p ordinary

 CFD

Increasing Long

41,872

30.2900 ZAR

(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:

6 Jun 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213