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:

09 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:

8,695,152

1.02%

7,502,974

0.88%

(2)

Cash-settled derivatives:

7,694,181

0.90%

7,341,794

0.86%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

16,389,333

1.92%

14,844,768

1.74%

(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

147,442

1.2200 GBP

1.2099 GBP

25p ordinary

Sale

297,996

1.2200 GBP

1.192 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

Decreasing Long

4

1.2100 GBP

25p ordinary

 CFD

Decreasing Long

128

1.2196 GBP

25p ordinary

 CFD

Decreasing Long

308

1.2129 GBP

25p ordinary

 CFD

Decreasing Long

1,148

1.2200 GBP

25p ordinary

 CFD

Decreasing Long

2,100

26.0428 ZAR

25p ordinary

 SWAP

Decreasing Long

7,673

26.1076 ZAR

25p ordinary

 CFD

Decreasing Long

9,204

26.0712 ZAR

25p ordinary

 CFD

Decreasing Long

10,456

1.2168 GBP

25p ordinary

 CFD

Decreasing Long

29,092

1.2100 GBP

25p ordinary

 SWAP

Decreasing Long

47,916

26.1745 ZAR

25p ordinary

 CFD

Decreasing Long

190,760

1.2192 GBP

25p ordinary

 CFD

Decreasing Long

191,664

26.1666 ZAR

25p ordinary

 CFD

Decreasing Short

4

1.2100 GBP

25p ordinary

 CFD

Decreasing Short

128

1.2196 GBP

25p ordinary

 CFD

Decreasing Short

308

1.2129 GBP

25p ordinary

 CFD

Decreasing Short

1,148

1.2200 GBP

25p ordinary

 CFD

Decreasing Short

2,100

26.0428 ZAR

25p ordinary

 SWAP

Decreasing Short

2,953

1.2175 GBP

25p ordinary

 SWAP

Decreasing Short

3,102

1.2183 GBP

25p ordinary

 SWAP

Decreasing Short

5,715

1.2207 GBP

25p ordinary

 CFD

Decreasing Short

9,204

26.0712 ZAR

25p ordinary

 CFD

Decreasing Short

10,456

1.2168 GBP

25p ordinary

 SWAP

Decreasing Short

13,000

1.2165 GBP

25p ordinary

 CFD

Decreasing Short

29,092

1.2100 GBP

25p ordinary

 CFD

Decreasing Short

190,760

1.2192 GBP

25p ordinary

 CFD

Decreasing Short

191,664

26.1666 ZAR

25p ordinary

 SWAP

Increasing Long

60

1.2100 GBP

25p ordinary

 SWAP

Increasing Long

525

26.0500 ZAR

25p ordinary

 SWAP

Increasing Long

2,301

26.0641 ZAR

25p ordinary

 SWAP

Increasing Long

3,179

1.2100 GBP

25p ordinary

 SWAP

Increasing Long

4,339

1.2187 GBP

25p ordinary

 SWAP

Increasing Long

4,911

1.2181 GBP

25p ordinary

 SWAP

Increasing Long

7,625

1.2177 GBP

25p ordinary

 SWAP

Increasing Long

7,673

26.1076 ZAR

25p ordinary

 SWAP

Increasing Long

54,167

1.2176 GBP

25p ordinary

 SWAP

Increasing Short

2,000

1.2196 GBP

25p ordinary

 CFD

Opening Long

4

1.2100 GBP

25p ordinary

 CFD

Opening Long

128

1.2196 GBP

25p ordinary

 CFD

Opening Long

308

1.2129 GBP

25p ordinary

 CFD

Opening Long

1,148

1.2200 GBP

25p ordinary

 CFD

Opening Long

2,100

26.0428 ZAR

25p ordinary

 CFD

Opening Long

9,204

26.0712 ZAR

25p ordinary

 CFD

Opening Long

10,456

1.2168 GBP

25p ordinary

 CFD

Opening Long

29,092

1.2100 GBP

25p ordinary

 CFD

Opening Long

190,760

1.2192 GBP

25p ordinary

 CFD

Opening Long

191,664

26.1666 ZAR

25p ordinary

 CFD

Opening Short

4

1.2100 GBP

25p ordinary

 CFD

Opening Short

128

1.2196 GBP

25p ordinary

 CFD

Opening Short

308

1.2129 GBP

25p ordinary

 CFD

Opening Short

1,148

1.2200 GBP

25p ordinary

 CFD

Opening Short

2,100

26.0428 ZAR

25p ordinary

 CFD

Opening Short

9,204

26.0712 ZAR

25p ordinary

 CFD

Opening Short

10,456

1.2168 GBP

25p ordinary

 CFD

Opening Short

29,092

1.2100 GBP

25p ordinary

 CFD

Opening Short

190,760

1.2192 GBP

25p ordinary

 CFD

Opening Short

191,664

26.1666 ZAR

25p ordinary

 SWAP

 Closing Short

133,257

1.1920 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:

14 Feb 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213