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:

28 September 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:

8,832,145

1.04%

5,168,741

0.61%

(2)

Cash-settled derivatives:

4,717,196

0.55%

8,044,298

0.94%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

13,549,341

1.59%

13,213,039

1.55%

(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

854,499

1.0500 GBP

0.9769 GBP

25p ordinary

Sale

960,004

1.0500 GBP

0.9815 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

25p ordinary

 CFD

Increasing Long

4

1.0100 GBP

25p ordinary

 CFD

Increasing Long

192

0.9770 GBP

25p ordinary

 CFD

Increasing Long

976

1.0500 GBP

25p ordinary

 CFD

Increasing Long

19,776

19.3617 ZAR

25p ordinary

 SWAP

Increasing Long

31,780

1.0117 GBP

25p ordinary

 SWAP

Increasing Long

45,408

1.0500 GBP

25p ordinary

 SWAP

Increasing Long

50,736

1.0170 GBP

25p ordinary

 CFD

Increasing Long

67,160

19.4686 ZAR

25p ordinary

 SWAP

Increasing Long

78,898

1.0042 GBP

25p ordinary

 CFD

Increasing Long

83,768

1.0134 GBP

25p ordinary

 SWAP

Increasing Long

89,907

1.0488 GBP

25p ordinary

 SWAP

Increasing Long

105,902

1.0089 GBP

25p ordinary

 SWAP

Increasing Long

177,886

19.3036 ZAR

25p ordinary

 CFD

Increasing Long

250,296

19.9920 ZAR

25p ordinary

 SWAP

Increasing Long

278,603

19.8687 ZAR

25p ordinary

 CFD

Increasing Long

390,192

0.9896 GBP

25p ordinary

 CFD

Increasing Long

469,776

1.0406 GBP

25p ordinary

 CFD

Increasing Long

681,300

0.9991 GBP

25p ordinary

 CFD

Increasing Long

711,544

19.2978 ZAR

25p ordinary

 CFD

Increasing Long

1,084,168

1.0316 GBP

25p ordinary

 CFD

Increasing Long

1,114,412

19.8747 ZAR

25p ordinary

 CFD

Increasing Short

4

1.0100 GBP

25p ordinary

 CFD

Increasing Short

192

0.9770 GBP

25p ordinary

 SWAP

Increasing Short

500

1.0071 GBP

25p ordinary

 CFD

Increasing Short

976

1.0500 GBP

25p ordinary

 SWAP

Increasing Short

1,186

0.9982 GBP

25p ordinary

 SWAP

Increasing Short

13,000

1.0022 GBP

25p ordinary

 CFD

Increasing Short

19,776

19.3617 ZAR

25p ordinary

 SWAP

Increasing Short

28,348

0.9960 GBP

25p ordinary

 SWAP

Increasing Short

62,574

20.0000 ZAR

25p ordinary

 CFD

Increasing Short

67,160

19.4686 ZAR

25p ordinary

 CFD

Increasing Short

83,768

1.0134 GBP

25p ordinary

 CFD

Increasing Short

250,296

19.9920 ZAR

25p ordinary

 CFD

Increasing Short

390,192

0.9896 GBP

25p ordinary

 CFD

Increasing Short

469,776

1.0406 GBP

25p ordinary

 CFD

Increasing Short

681,300

0.9991 GBP

25p ordinary

 CFD

Increasing Short

711,544

19.2978 ZAR

25p ordinary

 CFD

Increasing Short

1,084,168

1.0316 GBP

25p ordinary

 CFD

Increasing Short

1,114,412

19.8747 ZAR

25p ordinary

 CFD

Opening Long

4

1.0100 GBP

25p ordinary

 CFD

Opening Long

192

0.9770 GBP

25p ordinary

 CFD

Opening Long

976

1.0500 GBP

25p ordinary

 CFD

Opening Long

19,776

19.3617 ZAR

25p ordinary

 CFD

Opening Long

67,160

19.4686 ZAR

25p ordinary

 CFD

Opening Long

83,768

1.0134 GBP

25p ordinary

 CFD

Opening Long

250,296

19.9920 ZAR

25p ordinary

 CFD

Opening Long

390,192

0.9896 GBP

25p ordinary

 CFD

Opening Long

469,776

1.0406 GBP

25p ordinary

 CFD

Opening Long

681,300

0.9991 GBP

25p ordinary

 CFD

Opening Long

711,544

19.2978 ZAR

25p ordinary

 CFD

Opening Long

1,084,168

1.0316 GBP

25p ordinary

 CFD

Opening Long

1,114,412

19.8747 ZAR

25p ordinary

 CFD

Opening Short

4

1.0100 GBP

25p ordinary

 CFD

Opening Short

192

0.9770 GBP

25p ordinary

 CFD

Opening Short

976

1.0500 GBP

25p ordinary

 CFD

Opening Short

19,776

19.3617 ZAR

25p ordinary

 CFD

Opening Short

67,160

19.4686 ZAR

25p ordinary

 CFD

Opening Short

83,768

1.0134 GBP

25p ordinary

 CFD

Opening Short

250,296

19.9920 ZAR

25p ordinary

 CFD

Opening Short

390,192

0.9896 GBP

25p ordinary

 CFD

Opening Short

469,776

1.0406 GBP

25p ordinary

 CFD

Opening Short

681,300

0.9991 GBP

25p ordinary

 CFD

Opening Short

711,544

19.2978 ZAR

25p ordinary

 CFD

Opening Short

1,084,168

1.0316 GBP

25p ordinary

 CFD

Opening Short

1,114,412

19.8747 ZAR

25p ordinary

 SWAP

Increasing Long

460

0.9964 GBP

25p ordinary

 SWAP

Increasing Long

1,368

1.0483 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:

29 Sep 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213