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 relevant securities this form relates:

CAPITAL & COUNTIES PROPERTIES PLC

(c)

Name of the party to the offer with which exempt principal trader is connected

Capital & Counties Properties plc

(d)

Date position held/dealing undertaken:

06 Feb 2023

(e)

In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer?

YES: 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:

9,065,816

1.06%

7,436,841

0.87%

(2) Cash-settled derivatives:

7,609,966

0.89%

7,640,226

0.90%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

16,675,782

1.96%

15,077,067

1.77%

(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)

Purchase and sales

Class of relevant security

Purchase/sale

Total number of securities

Highest price per unit paid/received

Lowest price per unit paid/received

25p ordinary

Purchase

205656

1.2323 GBP

1.2170 GBP

25p ordinary

Sale

406711

1.2320 GBP

1.2150 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

25p ordinary

CFD

Decreasing Long

290

1.2193 GBP

25p ordinary

SWAP

Decreasing Long

323

1.2210 GBP

25p ordinary

SWAP

Decreasing Long

377

25.8600 ZAR

25p ordinary

SWAP

Decreasing Long

870

25.7830 ZAR

25p ordinary

SWAP

Decreasing Long

972

1.2320 GBP

25p ordinary

SWAP

Decreasing Long

1,295

1.2292 GBP

25p ordinary

SWAP

Decreasing Long

1,441

25.7500 ZAR

25p ordinary

SWAP

Decreasing Long

2,306

25.7831 ZAR

25p ordinary

CFD

Decreasing Long

2,804

1.2320 GBP

25p ordinary

SWAP

Decreasing Long

4,827

25.7977 ZAR

25p ordinary

SWAP

Decreasing Long

5,316

25.7922 ZAR

25p ordinary

CFD

Decreasing Long

10,972

1.2198 GBP

25p ordinary

SWAP

Decreasing Long

11,745

25.8365 ZAR

25p ordinary

SWAP

Decreasing Long

35,075

25.7976 ZAR

25p ordinary

SWAP

Decreasing Long

39,818

25.7829 ZAR

25p ordinary

SWAP

Decreasing Long

55,548

1.2213 GBP

25p ordinary

CFD

Decreasing Short

377

25.8528 ZAR

25p ordinary

SWAP

Decreasing Short

555

1.2194 GBP

25p ordinary

CFD

Decreasing Short

916

25.8096 ZAR

25p ordinary

SWAP

Decreasing Short

1,804

1.2191 GBP

25p ordinary

CFD

Decreasing Short

2,554

25.7429 ZAR

25p ordinary

SWAP

Decreasing Short

11,000

1.2179 GBP

25p ordinary

CFD

Decreasing Short

11,745

25.8287 ZAR

25p ordinary

SWAP

Decreasing Short

49,850

1.2187 GBP

25p ordinary

SWAP

Decreasing Short

70,342

1.2202 GBP

25p ordinary

CFD

Increasing Long

105

1.2206 GBP

25p ordinary

CFD

Increasing Long

365

1.2320 GBP

25p ordinary

CFD

Increasing Long

481

1.2230 GBP

25p ordinary

SWAP

Increasing Long

870

25.7830 ZAR

25p ordinary

SWAP

Increasing Long

2,306

25.7831 ZAR

25p ordinary

SWAP

Increasing Long

3,611

1.2150 GBP

25p ordinary

SWAP

Increasing Long

3,999

1.2190 GBP

25p ordinary

SWAP

Increasing Long

4,827

25.7977 ZAR

25p ordinary

SWAP

Increasing Long

5,316

25.7922 ZAR

25p ordinary

SWAP

Increasing Long

5,479

25.7787 ZAR

25p ordinary

SWAP

Increasing Long

11,246

25.8600 ZAR

25p ordinary

CFD

Increasing Long

22,200

1.2169 GBP

25p ordinary

SWAP

Increasing Long

22,777

25.7367 ZAR

25p ordinary

SWAP

Increasing Long

35,075

25.7976 ZAR

25p ordinary

SWAP

Increasing Long

39,818

25.7829 ZAR

25p ordinary

SWAP

Increasing Long

40,887

1.2185 GBP

25p ordinary

CFD

Increasing Long

91,547

1.2162 GBP

25p ordinary

CFD

Increasing Short

1,444

25.8671 ZAR

25p ordinary

SWAP

Increasing Short

5,000

1.2207 GBP

25p ordinary

CFD

Increasing Short

5,479

25.7858 ZAR

25p ordinary

CFD

Increasing Short

9,802

25.8703 ZAR

25p ordinary

SWAP

Increasing Short

13,000

1.2192 GBP

25p ordinary

CFD

Increasing Short

22,777

25.7444 ZAR

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

Option money paid/ received per unit

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if 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:

07 Feb 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213