Barclays Regulatory News (BARC)

FORM 8.5 (EPT/NON-RI) Amendment to Purchase

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:

05 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:

6,906,521

0.81%

7,391,264

0.87%

(2)

Cash-settled derivatives:

16,179,602

1.90%

5,288,381

0.62%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

23,086,123

2.71%

12,679,645

1.49%

(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

704,176

1.4060 GBP

1.3725 GBP

25p ordinary

Sale

128,832

1.4128 GBP

1.3725 GBP

NB: The below transactions which were previously disclosed have been cancelled

Class of relevant

Purchase/sale

Number of

Price per unit

security

securities

25p ordinary

Purchase

65,176

1.3880 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

133

1.3950 GBP

25p ordinary

 SWAP

Decreasing Long

948

27.6000 ZAR

25p ordinary

 SWAP

Decreasing Long

1,557

1.3752 GBP

25p ordinary

 CFD

Decreasing Long

2,640

1.3988 GBP

25p ordinary

 SWAP

Decreasing Long

3,256

27.4184 ZAR

25p ordinary

 CFD

Decreasing Long

3,792

27.6082 ZAR

25p ordinary

 SWAP

Decreasing Long

4,832

27.4043 ZAR

25p ordinary

 SWAP

Decreasing Long

4,845

1.3813 GBP

25p ordinary

 SWAP

Decreasing Long

8,698

27.4100 ZAR

25p ordinary

 CFD

Decreasing Long

12,632

27.2745 ZAR

25p ordinary

 CFD

Decreasing Long

24,576

27.4173 ZAR

25p ordinary

 CFD

Decreasing Long

34,792

27.3990 ZAR

25p ordinary

 CFD

Decreasing Long

37,100

1.3788 GBP

25p ordinary

 SWAP

Decreasing Long

56,708

27.4303 ZAR

25p ordinary

 CFD

Decreasing Long

225,680

1.3853 GBP

25p ordinary

 CFD

Decreasing Long

226,832

27.4221 ZAR

25p ordinary

 SWAP

Decreasing Short

2,000

1.3928 GBP

25p ordinary

 CFD

Decreasing Short

2,640

1.3988 GBP

25p ordinary

 SWAP

Decreasing Short

3,256

27.4184 ZAR

25p ordinary

 CFD

Decreasing Short

3,792

27.6082 ZAR

25p ordinary

 SWAP

Decreasing Short

4,832

27.4043 ZAR

25p ordinary

 SWAP

Decreasing Short

7,641

1.4017 GBP

25p ordinary

 CFD

Decreasing Short

12,632

27.2745 ZAR

25p ordinary

 CFD

Decreasing Short

24,576

27.4173 ZAR

25p ordinary

 CFD

Decreasing Short

34,792

27.3990 ZAR

25p ordinary

 CFD

Decreasing Short

37,100

1.3788 GBP

25p ordinary

 CFD

Decreasing Short

225,680

1.3853 GBP

25p ordinary

 CFD

Decreasing Short

226,832

27.4221 ZAR

25p ordinary

 SWAP

Increasing Long

5,458

1.3861 GBP

25p ordinary

 SWAP

Increasing Long

15,093

1.3840 GBP

25p ordinary

 SWAP

Increasing Long

15,609

1.3910 GBP

25p ordinary

 SWAP

Increasing Long

18,570

1.3861 GBP

25p ordinary

 SWAP

Increasing Short

304

1.3810 GBP

25p ordinary

 SWAP

Increasing Short

1,322

1.3858 GBP

25p ordinary

 SWAP

Increasing Short

2,430

1.3994 GBP

25p ordinary

 SWAP

Increasing Short

3,035

1.3912 GBP

25p ordinary

 SWAP

Increasing Short

4,299

1.3838 GBP

25p ordinary

 SWAP

Increasing Short

6,684

1.3812 GBP

25p ordinary

 SWAP

Increasing Short

7,641

1.4017 GBP

25p ordinary

 SWAP

Increasing Short

7,770

1.3841 GBP

25p ordinary

 SWAP

Increasing Short

10,497

1.3819 GBP

25p ordinary

 SWAP

Increasing Short

16,109

1.3821 GBP

25p ordinary

 SWAP

Increasing Short

56,504

1.3840 GBP

25p ordinary

 SWAP

Increasing Short

357,978

1.3747 GBP

25p ordinary

 CFD

Opening Long

2,640

1.3988 GBP

25p ordinary

 CFD

Opening Long

3,792

27.6082 ZAR

25p ordinary

 CFD

Opening Long

12,632

27.2745 ZAR

25p ordinary

 CFD

Opening Long

24,576

27.4173 ZAR

25p ordinary

 CFD

Opening Long

34,792

27.3990 ZAR

25p ordinary

 CFD

Opening Long

37,100

1.3788 GBP

25p ordinary

 CFD

Opening Long

225,680

1.3853 GBP

25p ordinary

 CFD

Opening Long

226,832

27.4221 ZAR

25p ordinary

 SWAP

Opening Short

65

1.3883 GBP

25p ordinary

 SWAP

Opening Short

95

1.3859 GBP

25p ordinary

 SWAP

Opening Short

248

1.3882 GBP

25p ordinary

 SWAP

Opening Short

267

1.3913 GBP

25p ordinary

 SWAP

Opening Short

360

1.3863 GBP

25p ordinary

 SWAP

Opening Short

412

1.3839 GBP

25p ordinary

 SWAP

Opening Short

871

1.3814 GBP

25p ordinary

 SWAP

Opening Short

998

1.3914 GBP

25p ordinary

 SWAP

Opening Short

1,009

1.3820 GBP

25p ordinary

 SWAP

Opening Short

1,081

1.3872 GBP

25p ordinary

 SWAP

Opening Short

1,322

1.3858 GBP

25p ordinary

 SWAP

Opening Short

1,342

1.3864 GBP

25p ordinary

 SWAP

Opening Short

1,402

1.3822 GBP

25p ordinary

 SWAP

Opening Short

2,100

1.3823 GBP

25p ordinary

 SWAP

Opening Short

2,430

1.3994 GBP

25p ordinary

 SWAP

Opening Short

2,522

1.3857 GBP

25p ordinary

 CFD

Opening Short

2,640

1.3988 GBP

25p ordinary

 CFD

Opening Short

3,792

27.6082 ZAR

25p ordinary

 SWAP

Opening Short

5,458

1.3861 GBP

25p ordinary

 SWAP

Opening Short

6,684

1.3812 GBP

25p ordinary

 SWAP

Opening Short

7,641

1.4017 GBP

25p ordinary

 SWAP

Opening Short

7,770

1.3841 GBP

25p ordinary

 CFD

Opening Short

12,632

27.2745 ZAR

25p ordinary

 SWAP

Opening Short

16,109

1.3821 GBP

25p ordinary

 CFD

Opening Short

24,576

27.4173 ZAR

25p ordinary

 SWAP

Opening Short

27,995

1.3873 GBP

25p ordinary

 SWAP

Opening Short

33,046

1.3862 GBP

25p ordinary

 CFD

Opening Short

34,792

27.3990 ZAR

25p ordinary

 CFD

Opening Short

37,100

1.3788 GBP

25p ordinary

 SWAP

Opening Short

56,504

1.3840 GBP

25p ordinary

 CFD

Opening Short

225,680

1.3853 GBP

25p ordinary

 CFD

Opening Short

226,832

27.4221 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:

7 Jul 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213