Barclays Regulatory News (BARC)

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

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:

03 March 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:

9,909,196

1.16%

8,496,964

1.00%

(2)

Cash-settled derivatives:

8,504,467

1.00%

4,531,637

0.53%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

18,413,663

2.16%

13,028,601

1.53%

(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

5,274,976

1.2563 GBP

1.233 GBP

25p ordinary

Sale

1,068,157

1.2562 GBP

1.241 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

1,823

1.2580 GBP

25p ordinary

 SWAP

Decreasing Long

1,915

1.2460 GBP

25p ordinary

 SWAP

Decreasing Long

4,949

1.2486 GBP

25p ordinary

 SWAP

Decreasing Long

12,020

1.2455 GBP

25p ordinary

 SWAP

Decreasing Long

15,454

1.2556 GBP

25p ordinary

 SWAP

Decreasing Long

15,532

1.2538 GBP

25p ordinary

 SWAP

Decreasing Long

18,690

1.2403 GBP

25p ordinary

 SWAP

Decreasing Long

19,031

1.2457 GBP

25p ordinary

 SWAP

Decreasing Long

27,230

1.2475 GBP

25p ordinary

 SWAP

Decreasing Long

28,997

1.2437 GBP

25p ordinary

 SWAP

Decreasing Long

357,885

1.2450 GBP

25p ordinary

 SWAP

Decreasing Short

1,193

26.5400 ZAR

25p ordinary

 SWAP

Decreasing Short

1,243

27.1400 ZAR

25p ordinary

 SWAP

Increasing Long

1,193

26.5400 ZAR

25p ordinary

 SWAP

Increasing Long

1,243

27.1400 ZAR

25p ordinary

 SWAP

Increasing Long

1,764

26.9200 ZAR

25p ordinary

 CFD

Increasing Long

2,088

1.2460 GBP

25p ordinary

 CFD

Increasing Long

5,724

1.2378 GBP

25p ordinary

 CFD

Increasing Long

6,876

27.0891 ZAR

25p ordinary

 CFD

Increasing Long

7,056

26.9119 ZAR

25p ordinary

 CFD

Increasing Long

9,396

27.0622 ZAR

25p ordinary

 CFD

Increasing Long

12,896

1.2487 GBP

25p ordinary

 CFD

Increasing Long

32,668

1.2461 GBP

25p ordinary

 CFD

Increasing Long

37,148

1.2423 GBP

25p ordinary

 SWAP

Increasing Long

103,740

27.0888 ZAR

25p ordinary

 SWAP

Increasing Long

156,784

1.2410 GBP

25p ordinary

 CFD

Increasing Long

222,908

1.2476 GBP

25p ordinary

 CFD

Increasing Long

413,532

1.2457 GBP

25p ordinary

 CFD

Increasing Long

414,960

27.0970 ZAR

25p ordinary

 CFD

Increasing Long

612,472

1.2459 GBP

25p ordinary

 CFD

Increasing Long

638,224

1.2450 GBP

25p ordinary

 CFD

Increasing Short

2,088

1.2460 GBP

25p ordinary

 CFD

Increasing Short

5,724

1.2378 GBP

25p ordinary

 SWAP

Increasing Short

6,427

1.2473 GBP

25p ordinary

 CFD

Increasing Short

6,876

27.0891 ZAR

25p ordinary

 CFD

Increasing Short

7,056

26.9119 ZAR

25p ordinary

 CFD

Increasing Short

9,396

27.0622 ZAR

25p ordinary

 CFD

Increasing Short

12,896

1.2487 GBP

25p ordinary

 SWAP

Increasing Short

15,573

1.2481 GBP

25p ordinary

 SWAP

Increasing Short

21,837

1.2487 GBP

25p ordinary

 SWAP

Increasing Short

28,997

1.2437 GBP

25p ordinary

 CFD

Increasing Short

32,668

1.2461 GBP

25p ordinary

 CFD

Increasing Short

37,148

1.2423 GBP

25p ordinary

 CFD

Increasing Short

222,908

1.2476 GBP

25p ordinary

 SWAP

Increasing Short

357,885

1.2450 GBP

25p ordinary

 CFD

Increasing Short

413,532

1.2457 GBP

25p ordinary

 CFD

Increasing Short

414,960

27.0970 ZAR

25p ordinary

 CFD

Increasing Short

612,472

1.2459 GBP

25p ordinary

 CFD

Increasing Short

638,224

1.2450 GBP

25p ordinary

 CFD

Opening Long

2,088

1.2460 GBP

25p ordinary

 CFD

Opening Long

5,724

1.2378 GBP

25p ordinary

 CFD

Opening Long

6,876

27.0891 ZAR

25p ordinary

 CFD

Opening Long

7,056

26.9119 ZAR

25p ordinary

 SWAP

Opening Long

8,487

1.2437 GBP

25p ordinary

 CFD

Opening Long

9,396

27.0622 ZAR

25p ordinary

 CFD

Opening Long

12,896

1.2487 GBP

25p ordinary

 CFD

Opening Long

32,668

1.2461 GBP

25p ordinary

 CFD

Opening Long

37,148

1.2423 GBP

25p ordinary

 CFD

Opening Long

222,908

1.2476 GBP

25p ordinary

 CFD

Opening Long

413,532

1.2457 GBP

25p ordinary

 CFD

Opening Long

414,960

27.0970 ZAR

25p ordinary

 CFD

Opening Long

612,472

1.2459 GBP

25p ordinary

 CFD

Opening Long

638,224

1.2450 GBP

25p ordinary

 CFD

Opening Short

2,088

1.2460 GBP

25p ordinary

 CFD

Opening Short

5,724

1.2378 GBP

25p ordinary

 CFD

Opening Short

6,876

27.0891 ZAR

25p ordinary

 CFD

Opening Short

7,056

26.9119 ZAR

25p ordinary

 CFD

Opening Short

9,396

27.0622 ZAR

25p ordinary

 CFD

Opening Short

12,896

1.2487 GBP

25p ordinary

 CFD

Opening Short

32,668

1.2461 GBP

25p ordinary

 CFD

Opening Short

37,148

1.2423 GBP

25p ordinary

 CFD

Opening Short

222,908

1.2476 GBP

25p ordinary

 CFD

Opening Short

413,532

1.2457 GBP

25p ordinary

 CFD

Opening Short

414,960

27.0970 ZAR

25p ordinary

 CFD

Opening Short

612,472

1.2459 GBP

25p ordinary

 CFD

Opening Short

638,224

1.2450 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:

7 Mar 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213