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:

17 June 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:

5,311,193

0.62%

6,708,148

0.79%

(2)

Cash-settled derivatives:

13,735,773

1.61%

3,815,963

0.45%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

19,046,966

2.24%

10,524,111

1.24%

(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

310,447

1.5118 GBP

1.497 GBP

25p ordinary

Sale

522,184

1.5120 GBP

1.5 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

1,134

1.5102 GBP

25p ordinary

 SWAP

Decreasing Long

2,859

1.5109 GBP

25p ordinary

 SWAP

Decreasing Long

7,503

1.5108 GBP

25p ordinary

 SWAP

Decreasing Long

7,637

1.5110 GBP

25p ordinary

 SWAP

Decreasing Long

17,002

1.5000 GBP

25p ordinary

 SWAP

Decreasing Long

29,285

1.5023 GBP

25p ordinary

 SWAP

Decreasing Long

43,621

1.5107 GBP

25p ordinary

 SWAP

Decreasing Long

47,719

1.5076 GBP

25p ordinary

 CFD

Increasing Long

1,016

29.3018 ZAR

25p ordinary

 CFD

Increasing Long

3,228

29.3597 ZAR

25p ordinary

 SWAP

Increasing Long

3,362

1.5068 GBP

25p ordinary

 SWAP

Increasing Long

10,729

29.3882 ZAR

25p ordinary

 SWAP

Increasing Long

16,118

1.5030 GBP

25p ordinary

 SWAP

Increasing Long

17,002

1.5000 GBP

25p ordinary

 SWAP

Increasing Long

23,000

1.5092 GBP

25p ordinary

 CFD

Increasing Long

23,024

29.3630 ZAR

25p ordinary

 CFD

Increasing Long

32,264

1.5004 GBP

25p ordinary

 CFD

Increasing Long

42,916

29.3794 ZAR

25p ordinary

 CFD

Increasing Long

57,416

1.5018 GBP

25p ordinary

 SWAP

Increasing Long

61,885

28.8985 ZAR

25p ordinary

 SWAP

Increasing Long

62,595

1.5082 GBP

25p ordinary

 SWAP

Increasing Long

122,817

1.5044 GBP

25p ordinary

 CFD

Increasing Long

148,492

1.4998 GBP

25p ordinary

 SWAP

Increasing Long

159,607

1.5083 GBP

25p ordinary

 CFD

Increasing Long

236,888

1.5040 GBP

25p ordinary

 CFD

Increasing Long

247,540

28.9072 ZAR

25p ordinary

 CFD

Increasing Long

355,056

28.3113 ZAR

25p ordinary

 CFD

Increasing Long

458,808

28.3079 ZAR

25p ordinary

 CFD

Increasing Long

461,608

28.3000 ZAR

25p ordinary

 CFD

Increasing Long

461,608

28.3000 ZAR

25p ordinary

 CFD

Increasing Short

1,016

29.3018 ZAR

25p ordinary

 CFD

Increasing Short

3,228

29.3597 ZAR

25p ordinary

 SWAP

Increasing Short

8,655

1.5038 GBP

25p ordinary

 CFD

Increasing Short

23,024

29.3630 ZAR

25p ordinary

 CFD

Increasing Short

32,264

1.5004 GBP

25p ordinary

 CFD

Increasing Short

42,916

29.3794 ZAR

25p ordinary

 CFD

Increasing Short

57,416

1.5018 GBP

25p ordinary

 CFD

Increasing Short

148,492

1.4998 GBP

25p ordinary

 CFD

Increasing Short

236,888

1.5040 GBP

25p ordinary

 CFD

Increasing Short

247,540

28.9072 ZAR

25p ordinary

 CFD

Increasing Short

355,056

28.3113 ZAR

25p ordinary

 CFD

Increasing Short

458,808

28.3079 ZAR

25p ordinary

 CFD

Increasing Short

461,608

28.3000 ZAR

25p ordinary

 CFD

Increasing Short

461,608

28.3000 ZAR

25p ordinary

 CFD

Opening Long

1,016

29.3018 ZAR

25p ordinary

 CFD

Opening Long

3,228

29.3597 ZAR

25p ordinary

 CFD

Opening Long

23,024

29.3630 ZAR

25p ordinary

 SWAP

Opening Long

29,074

28.3183 ZAR

25p ordinary

 CFD

Opening Long

32,264

1.5004 GBP

25p ordinary

 SWAP

Opening Long

40,765

28.3224 ZAR

25p ordinary

 CFD

Opening Long

42,916

29.3794 ZAR

25p ordinary

 CFD

Opening Long

57,416

1.5018 GBP

25p ordinary

 SWAP

Opening Long

88,764

28.3000 ZAR

25p ordinary

 CFD

Opening Long

148,492

1.4998 GBP

25p ordinary

 CFD

Opening Long

236,888

1.5040 GBP

25p ordinary

 CFD

Opening Long

247,540

28.9072 ZAR

25p ordinary

 CFD

Opening Long

355,056

28.3113 ZAR

25p ordinary

 CFD

Opening Long

458,808

28.3079 ZAR

25p ordinary

 CFD

Opening Long

461,608

28.3000 ZAR

25p ordinary

 CFD

Opening Long

461,608

28.3000 ZAR

25p ordinary

 CFD

Opening Short

1,016

29.3018 ZAR

25p ordinary

 CFD

Opening Short

3,228

29.3597 ZAR

25p ordinary

 CFD

Opening Short

23,024

29.3630 ZAR

25p ordinary

 SWAP

Opening Short

29,074

28.3183 ZAR

25p ordinary

 CFD

Opening Short

32,264

1.5004 GBP

25p ordinary

 SWAP

Opening Short

40,765

28.3224 ZAR

25p ordinary

 CFD

Opening Short

42,916

29.3794 ZAR

25p ordinary

 CFD

Opening Short

57,416

1.5018 GBP

25p ordinary

 CFD

Opening Short

148,492

1.4998 GBP

25p ordinary

 CFD

Opening Short

236,888

1.5040 GBP

25p ordinary

 CFD

Opening Short

247,540

28.9072 ZAR

25p ordinary

 CFD

Opening Short

355,056

28.3113 ZAR

25p ordinary

 CFD

Opening Short

458,808

28.3079 ZAR

25p ordinary

 CFD

Opening Short

461,608

28.3000 ZAR

25p ordinary

 CFD

Opening Short

461,608

28.3000 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:

20 Jun 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213