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:

08 December 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:

10,759,366

1.26%

6,511,687

0.76%

(2)

Cash-settled derivatives:

6,746,566

0.79%

9,838,621

1.16%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

17,505,932

2.06%

16,350,308

1.92%

(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

678,919

1.0260 GBP

1.0119 GBP

25p ordinary

Sale

608,783

1.0315 GBP

1.01 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

113

1.0163 GBP

25p ordinary

 SWAP

Decreasing Long

115

21.1800 ZAR

25p ordinary

 SWAP

Decreasing Long

420

1.0130 GBP

25p ordinary

 SWAP

Decreasing Long

1,197

21.2000 ZAR

25p ordinary

 SWAP

Decreasing Long

1,293

21.4800 ZAR

25p ordinary

 SWAP

Decreasing Long

1,501

1.0184 GBP

25p ordinary

 CFD

Decreasing Long

2,220

1.0120 GBP

25p ordinary

 SWAP

Decreasing Long

2,784

1.0120 GBP

25p ordinary

 SWAP

Decreasing Long

3,204

1.0120 GBP

25p ordinary

 SWAP

Decreasing Long

4,090

21.4638 ZAR

25p ordinary

 SWAP

Decreasing Long

4,162

1.0190 GBP

25p ordinary

 SWAP

Decreasing Long

4,590

21.6727 ZAR

25p ordinary

 CFD

Decreasing Long

4,788

21.2058 ZAR

25p ordinary

 SWAP

Decreasing Long

5,589

1.0209 GBP

25p ordinary

 SWAP

Decreasing Long

8,870

1.0153 GBP

25p ordinary

 SWAP

Decreasing Long

9,379

21.2665 ZAR

25p ordinary

 CFD

Decreasing Long

14,528

21.5321 ZAR

25p ordinary

 CFD

Decreasing Long

14,688

1.0265 GBP

25p ordinary

 CFD

Decreasing Long

16,360

21.4702 ZAR

25p ordinary

 CFD

Decreasing Long

18,360

21.6668 ZAR

25p ordinary

 CFD

Decreasing Long

35,844

1.0163 GBP

25p ordinary

 CFD

Decreasing Long

37,516

21.2601 ZAR

25p ordinary

 CFD

Decreasing Long

39,196

1.0147 GBP

25p ordinary

 CFD

Decreasing Long

93,408

1.0120 GBP

25p ordinary

 CFD

Decreasing Long

141,832

1.0136 GBP

25p ordinary

 SWAP

Decreasing Short

115

21.1800 ZAR

25p ordinary

 SWAP

Decreasing Short

595

1.0339 GBP

25p ordinary

 SWAP

Decreasing Short

662

1.0119 GBP

25p ordinary

 SWAP

Decreasing Short

1,293

21.4800 ZAR

25p ordinary

 CFD

Decreasing Short

2,220

1.0120 GBP

25p ordinary

 CFD

Decreasing Short

4,788

21.2058 ZAR

25p ordinary

 SWAP

Decreasing Short

11,549

1.0154 GBP

25p ordinary

 CFD

Decreasing Short

14,528

21.5321 ZAR

25p ordinary

 CFD

Decreasing Short

14,688

1.0265 GBP

25p ordinary

 CFD

Decreasing Short

16,360

21.4702 ZAR

25p ordinary

 CFD

Decreasing Short

18,360

21.6668 ZAR

25p ordinary

 CFD

Decreasing Short

35,844

1.0163 GBP

25p ordinary

 CFD

Decreasing Short

37,516

21.2601 ZAR

25p ordinary

 CFD

Decreasing Short

39,196

1.0147 GBP

25p ordinary

 CFD

Decreasing Short

93,408

1.0120 GBP

25p ordinary

 CFD

Decreasing Short

141,832

1.0136 GBP

25p ordinary

 SWAP

Increasing Short

400

1.0320 GBP

25p ordinary

 SWAP

Increasing Short

3,015

1.0141 GBP

25p ordinary

 SWAP

Increasing Short

4,289

1.0344 GBP

25p ordinary

 CFD

Opening Long

2,220

1.0120 GBP

25p ordinary

 CFD

Opening Long

4,788

21.2058 ZAR

25p ordinary

 CFD

Opening Long

14,528

21.5321 ZAR

25p ordinary

 CFD

Opening Long

14,688

1.0265 GBP

25p ordinary

 CFD

Opening Long

16,360

21.4702 ZAR

25p ordinary

 CFD

Opening Long

18,360

21.6668 ZAR

25p ordinary

 CFD

Opening Long

35,844

1.0163 GBP

25p ordinary

 CFD

Opening Long

37,516

21.2601 ZAR

25p ordinary

 CFD

Opening Long

39,196

1.0147 GBP

25p ordinary

 CFD

Opening Long

93,408

1.0120 GBP

25p ordinary

 CFD

Opening Long

141,832

1.0136 GBP

25p ordinary

 CFD

Opening Short

2,220

1.0120 GBP

25p ordinary

 CFD

Opening Short

4,788

21.2058 ZAR

25p ordinary

 CFD

Opening Short

14,528

21.5321 ZAR

25p ordinary

 CFD

Opening Short

14,688

1.0265 GBP

25p ordinary

 CFD

Opening Short

16,360

21.4702 ZAR

25p ordinary

 CFD

Opening Short

18,360

21.6668 ZAR

25p ordinary

 CFD

Opening Short

35,844

1.0163 GBP

25p ordinary

 CFD

Opening Short

37,516

21.2601 ZAR

25p ordinary

 CFD

Opening Short

39,196

1.0147 GBP

25p ordinary

 CFD

Opening Short

93,408

1.0120 GBP

25p ordinary

 CFD

Opening Short

141,832

1.0136 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:

9 Dec 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213