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:

07 July 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:

7,865,203

0.92%

7,208,496

0.85%

(2)

Cash-settled derivatives:

16,345,938

1.92%

6,540,442

0.77%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

24,211,141

2.84%

13,748,938

1.62%

(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

1,134,441

1.4570 GBP

1.427 GBP

25p ordinary

Sale

228,981

1.4520 GBP

1.427 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

825

29.1216 ZAR

25p ordinary

 SWAP

Decreasing Long

1,474

29.1306 ZAR

25p ordinary

 SWAP

Decreasing Long

2,885

1.4324 GBP

25p ordinary

 SWAP

Decreasing Long

3,126

1.4436 GBP

25p ordinary

 SWAP

Decreasing Long

3,269

1.4515 GBP

25p ordinary

 CFD

Decreasing Long

4,660

28.9827 ZAR

25p ordinary

 SWAP

Decreasing Long

7,000

28.7472 ZAR

25p ordinary

 SWAP

Decreasing Long

10,487

28.6655 ZAR

25p ordinary

 SWAP

Decreasing Long

11,044

1.4504 GBP

25p ordinary

 SWAP

Decreasing Long

12,340

1.4526 GBP

25p ordinary

 SWAP

Decreasing Long

16,570

1.4497 GBP

25p ordinary

 SWAP

Decreasing Long

19,784

1.4420 GBP

25p ordinary

 CFD

Decreasing Long

29,032

1.4358 GBP

25p ordinary

 CFD

Decreasing Long

37,392

1.4301 GBP

25p ordinary

 CFD

Decreasing Long

41,948

28.6741 ZAR

25p ordinary

 SWAP

Decreasing Long

78,802

28.9368 ZAR

25p ordinary

 CFD

Decreasing Long

121,648

1.4498 GBP

25p ordinary

 CFD

Decreasing Long

310,012

1.4404 GBP

25p ordinary

 CFD

Decreasing Long

315,208

28.9281 ZAR

25p ordinary

 SWAP

Decreasing Short

825

29.1216 ZAR

25p ordinary

 SWAP

Decreasing Short

1,474

29.1306 ZAR

25p ordinary

 CFD

Decreasing Short

4,660

28.9827 ZAR

25p ordinary

 SWAP

Decreasing Short

7,000

28.7472 ZAR

25p ordinary

 SWAP

Decreasing Short

21,156

1.4499 GBP

25p ordinary

 CFD

Decreasing Short

29,032

1.4358 GBP

25p ordinary

 CFD

Decreasing Short

37,392

1.4301 GBP

25p ordinary

 CFD

Decreasing Short

41,948

28.6741 ZAR

25p ordinary

 CFD

Decreasing Short

121,648

1.4498 GBP

25p ordinary

 CFD

Decreasing Short

310,012

1.4404 GBP

25p ordinary

 CFD

Decreasing Short

315,208

28.9281 ZAR

25p ordinary

 SWAP

Increasing Short

272

1.4399 GBP

25p ordinary

 SWAP

Increasing Short

500

1.4513 GBP

25p ordinary

 SWAP

Increasing Short

1,051

1.4468 GBP

25p ordinary

 SWAP

Increasing Short

1,250

1.4295 GBP

25p ordinary

 SWAP

Increasing Short

1,821

1.4455 GBP

25p ordinary

 SWAP

Increasing Short

2,396

1.4397 GBP

25p ordinary

 SWAP

Increasing Short

6,341

1.4447 GBP

25p ordinary

 SWAP

Increasing Short

9,249

1.4382 GBP

25p ordinary

 SWAP

Increasing Short

12,777

1.4402 GBP

25p ordinary

 SWAP

Increasing Short

12,943

1.4500 GBP

25p ordinary

 CFD

Opening Long

4,660

28.9827 ZAR

25p ordinary

 CFD

Opening Long

29,032

1.4358 GBP

25p ordinary

 CFD

Opening Long

37,392

1.4301 GBP

25p ordinary

 CFD

Opening Long

41,948

28.6741 ZAR

25p ordinary

 CFD

Opening Long

121,648

1.4498 GBP

25p ordinary

 CFD

Opening Long

310,012

1.4404 GBP

25p ordinary

 CFD

Opening Long

315,208

28.9281 ZAR

25p ordinary

 SWAP

Opening Short

1,051

1.4468 GBP

25p ordinary

 SWAP

Opening Short

1,821

1.4455 GBP

25p ordinary

 CFD

Opening Short

4,660

28.9827 ZAR

25p ordinary

 SWAP

Opening Short

6,341

1.4447 GBP

25p ordinary

 SWAP

Opening Short

9,249

1.4382 GBP

25p ordinary

 SWAP

Opening Short

12,777

1.4402 GBP

25p ordinary

 SWAP

Opening Short

12,943

1.4500 GBP

25p ordinary

 CFD

Opening Short

29,032

1.4358 GBP

25p ordinary

 CFD

Opening Short

37,392

1.4301 GBP

25p ordinary

 CFD

Opening Short

41,948

28.6741 ZAR

25p ordinary

 CFD

Opening Short

121,648

1.4498 GBP

25p ordinary

 CFD

Opening Short

310,012

1.4404 GBP

25p ordinary

 CFD

Opening Short

315,208

28.9281 ZAR

25p ordinary

 SWAP

Opening Short

819,707

1.4335 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:

8 Jul 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213