Barclays Regulatory News (BARC)

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

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:

22 February 2023

(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:

6,615,004

0.78%

6,788,097

0.80%

(2)

Cash-settled derivatives:

6,967,320

0.82%

5,392,973

0.63%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

13,582,324

1.60%

12,181,070

1.43%

(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

519,757

1.2518 GBP

1.2345 GBP

25p ordinary

Sale

1,955,521

1.2550 GBP

1.2344 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

10,062

27.7012 ZAR

25p ordinary

 SWAP

Decreasing Long

17,930

27.4400 ZAR

25p ordinary

 SWAP

Decreasing Short

1

27.3100 ZAR

25p ordinary

 SWAP

Decreasing Short

563

1.2519 GBP

25p ordinary

 SWAP

Decreasing Short

840

27.6200 ZAR

25p ordinary

 SWAP

Decreasing Short

1,561

1.2498 GBP

25p ordinary

 SWAP

Decreasing Short

5,220

1.2494 GBP

25p ordinary

 SWAP

Decreasing Short

6,819

1.2508 GBP

25p ordinary

 SWAP

Decreasing Short

7,458

1.2536 GBP

25p ordinary

 SWAP

Decreasing Short

10,669

1.2509 GBP

25p ordinary

 SWAP

Decreasing Short

11,965

1.2502 GBP

25p ordinary

 SWAP

Decreasing Short

22,702

1.2468 GBP

25p ordinary

 SWAP

Decreasing Short

76,807

1.2543 GBP

25p ordinary

 SWAP

Decreasing Short

112,866

1.2447 GBP

25p ordinary

 SWAP

Decreasing Short

217,676

1.2462 GBP

25p ordinary

 SWAP

Decreasing Short

263,491

1.2464 GBP

25p ordinary

 SWAP

Decreasing Short

284,579

1.2461 GBP

25p ordinary

 CFD

Increasing Long

12

1.2433 GBP

25p ordinary

 SWAP

Increasing Long

269

1.2500 GBP

25p ordinary

 SWAP

Increasing Long

349

1.2510 GBP

25p ordinary

 SWAP

Increasing Long

461

1.2440 GBP

25p ordinary

 SWAP

Increasing Long

517

27.5006 ZAR

25p ordinary

 SWAP

Increasing Long

517

27.5006 ZAR

25p ordinary

 SWAP

Increasing Long

840

27.6200 ZAR

25p ordinary

 SWAP

Increasing Long

1,122

1.2431 GBP

25p ordinary

 SWAP

Increasing Long

1,672

27.4994 ZAR

25p ordinary

 SWAP

Increasing Long

1,672

27.4994 ZAR

25p ordinary

 SWAP

Increasing Long

3,406

27.4466 ZAR

25p ordinary

 SWAP

Increasing Long

4,401

27.6278 ZAR

25p ordinary

 SWAP

Increasing Long

8,812

27.4622 ZAR

25p ordinary

 SWAP

Increasing Long

10,062

27.7012 ZAR

25p ordinary

 SWAP

Increasing Long

10,062

27.7012 ZAR

25p ordinary

 CFD

Increasing Long

10,436

1.2430 GBP

25p ordinary

 CFD

Increasing Long

10,436

1.2440 GBP

25p ordinary

 SWAP

Increasing Long

10,656

27.3100 ZAR

25p ordinary

 SWAP

Increasing Long

12,122

27.4996 ZAR

25p ordinary

 SWAP

Increasing Long

12,122

27.4996 ZAR

25p ordinary

 CFD

Increasing Long

13,624

27.4541 ZAR

25p ordinary

 CFD

Increasing Long

16,720

27.4009 ZAR

25p ordinary

 CFD

Increasing Long

17,604

27.6202 ZAR

25p ordinary

 SWAP

Increasing Long

17,930

27.4400 ZAR

25p ordinary

 SWAP

Increasing Long

17,930

27.4400 ZAR

25p ordinary

 SWAP

Increasing Long

25,556

1.2450 GBP

25p ordinary

 CFD

Increasing Long

26,996

1.2399 GBP

25p ordinary

 SWAP

Increasing Long

30,840

27.6508 ZAR

25p ordinary

 CFD

Increasing Long

32,244

1.2418 GBP

25p ordinary

 CFD

Increasing Long

35,248

27.4540 ZAR

25p ordinary

 CFD

Increasing Long

37,080

27.5016 ZAR

25p ordinary

 CFD

Increasing Long

37,396

1.2429 GBP

25p ordinary

 SWAP

Increasing Long

40,340

1.2492 GBP

25p ordinary

 CFD

Increasing Long

42,620

27.3209 ZAR

25p ordinary

 SWAP

Increasing Long

54,201

1.2449 GBP

25p ordinary

 CFD

Increasing Long

123,360

27.6591 ZAR

25p ordinary

 SWAP

Increasing Long

287,397

1.2493 GBP

25p ordinary

 CFD

Increasing Long

380,512

1.2497 GBP

25p ordinary

 CFD

Increasing Short

12

1.2433 GBP

25p ordinary

 SWAP

Increasing Short

284

1.2501 GBP

25p ordinary

 SWAP

Increasing Short

4,227

1.2460 GBP

25p ordinary

 SWAP

Increasing Short

4,364

1.2465 GBP

25p ordinary

 SWAP

Increasing Short

5,984

1.2477 GBP

25p ordinary

 SWAP

Increasing Short

7,288

1.2493 GBP

25p ordinary

 CFD

Increasing Short

10,436

1.2430 GBP

25p ordinary

 CFD

Increasing Short

10,436

1.2440 GBP

25p ordinary

 CFD

Increasing Short

13,624

27.4541 ZAR

25p ordinary

 CFD

Increasing Short

16,720

27.4009 ZAR

25p ordinary

 CFD

Increasing Short

17,604

27.6202 ZAR

25p ordinary

 SWAP

Increasing Short

23,000

1.2425 GBP

25p ordinary

 CFD

Increasing Short

26,996

1.2399 GBP

25p ordinary

 CFD

Increasing Short

32,244

1.2418 GBP

25p ordinary

 CFD

Increasing Short

35,248

27.4540 ZAR

25p ordinary

 CFD

Increasing Short

37,080

27.5016 ZAR

25p ordinary

 CFD

Increasing Short

37,396

1.2429 GBP

25p ordinary

 CFD

Increasing Short

42,620

27.3209 ZAR

25p ordinary

 CFD

Increasing Short

123,360

27.6591 ZAR

25p ordinary

 CFD

Increasing Short

380,512

1.2497 GBP

25p ordinary

 CFD

Opening Long

12

1.2433 GBP

25p ordinary

 CFD

Opening Long

10,436

1.2430 GBP

25p ordinary

 CFD

Opening Long

10,436

1.2440 GBP

25p ordinary

 CFD

Opening Long

13,624

27.4541 ZAR

25p ordinary

 CFD

Opening Long

16,720

27.4009 ZAR

25p ordinary

 CFD

Opening Long

17,604

27.6202 ZAR

25p ordinary

 CFD

Opening Long

26,996

1.2399 GBP

25p ordinary

 CFD

Opening Long

32,244

1.2418 GBP

25p ordinary

 CFD

Opening Long

35,248

27.4540 ZAR

25p ordinary

 CFD

Opening Long

37,080

27.5016 ZAR

25p ordinary

 CFD

Opening Long

37,396

1.2429 GBP

25p ordinary

 CFD

Opening Long

42,620

27.3209 ZAR

25p ordinary

 CFD

Opening Long

123,360

27.6591 ZAR

25p ordinary

 CFD

Opening Long

380,512

1.2497 GBP

25p ordinary

 CFD

Opening Short

12

1.2433 GBP

25p ordinary

 CFD

Opening Short

10,436

1.2430 GBP

25p ordinary

 CFD

Opening Short

10,436

1.2440 GBP

25p ordinary

 CFD

Opening Short

13,624

27.4541 ZAR

25p ordinary

 CFD

Opening Short

16,720

27.4009 ZAR

25p ordinary

 CFD

Opening Short

17,604

27.6202 ZAR

25p ordinary

 CFD

Opening Short

26,996

1.2399 GBP

25p ordinary

 CFD

Opening Short

32,244

1.2418 GBP

25p ordinary

 CFD

Opening Short

35,248

27.4540 ZAR

25p ordinary

 CFD

Opening Short

37,080

27.5016 ZAR

25p ordinary

 CFD

Opening Short

37,396

1.2429 GBP

25p ordinary

 CFD

Opening Short

42,620

27.3209 ZAR

25p ordinary

 CFD

Opening Short

123,360

27.6591 ZAR

25p ordinary

 CFD

Opening Short

380,512

1.2497 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:

24 Feb 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213