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:

27 June 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:

5,763,495

0.68%

7,391,278

0.87%

(2)

Cash-settled derivatives:

14,508,186

1.70%

4,206,179

0.49%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

20,271,681

2.38%

11,597,457

1.36%

(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

347,012

1.5090 GBP

1.481 GBP

25p ordinary

Sale

291,474

1.5090 GBP

1.482 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

995

29.0884 ZAR

25p ordinary

 CFD

Decreasing Long

1,260

1.4998 GBP

25p ordinary

 CFD

Decreasing Long

1,260

28.9084 ZAR

25p ordinary

 CFD

Decreasing Long

2,640

28.8619 ZAR

25p ordinary

 CFD

Decreasing Long

3,980

29.0972 ZAR

25p ordinary

 SWAP

Decreasing Long

5,288

29.0500 ZAR

25p ordinary

 CFD

Decreasing Long

5,940

29.0174 ZAR

25p ordinary

 SWAP

Decreasing Long

6,295

28.9864 ZAR

25p ordinary

 CFD

Decreasing Long

12,368

1.4965 GBP

25p ordinary

 CFD

Decreasing Long

13,344

29.0581 ZAR

25p ordinary

 CFD

Decreasing Long

14,488

29.0500 ZAR

25p ordinary

 CFD

Decreasing Long

14,488

29.0500 ZAR

25p ordinary

 SWAP

Decreasing Long

15,292

1.4930 GBP

25p ordinary

 CFD

Decreasing Long

16,772

29.0383 ZAR

25p ordinary

 CFD

Decreasing Long

18,820

29.0362 ZAR

25p ordinary

 SWAP

Decreasing Long

43,566

29.0709 ZAR

25p ordinary

 CFD

Decreasing Long

170,928

1.4902 GBP

25p ordinary

 CFD

Decreasing Long

174,264

29.0621 ZAR

25p ordinary

 SWAP

Decreasing Short

1,095

29.0500 ZAR

25p ordinary

 SWAP

Decreasing Short

1,250

1.4818 GBP

25p ordinary

 CFD

Decreasing Short

1,260

1.4998 GBP

25p ordinary

 CFD

Decreasing Short

1,260

28.9084 ZAR

25p ordinary

 CFD

Decreasing Short

2,640

28.8619 ZAR

25p ordinary

 CFD

Decreasing Short

3,980

29.0972 ZAR

25p ordinary

 CFD

Decreasing Short

5,940

29.0174 ZAR

25p ordinary

 SWAP

Decreasing Short

6,295

28.9864 ZAR

25p ordinary

 CFD

Decreasing Short

12,368

1.4965 GBP

25p ordinary

 CFD

Decreasing Short

13,344

29.0581 ZAR

25p ordinary

 CFD

Decreasing Short

14,488

29.0500 ZAR

25p ordinary

 CFD

Decreasing Short

14,488

29.0500 ZAR

25p ordinary

 CFD

Decreasing Short

16,772

29.0383 ZAR

25p ordinary

 CFD

Decreasing Short

18,820

29.0362 ZAR

25p ordinary

 CFD

Decreasing Short

170,928

1.4902 GBP

25p ordinary

 CFD

Decreasing Short

174,264

29.0621 ZAR

25p ordinary

 SWAP

Increasing Long

653

1.4946 GBP

25p ordinary

 SWAP

Increasing Long

2,400

1.4847 GBP

25p ordinary

 SWAP

Increasing Long

3,204

1.4953 GBP

25p ordinary

 SWAP

Increasing Long

4,332

1.4845 GBP

25p ordinary

 SWAP

Increasing Long

4,392

1.4833 GBP

25p ordinary

 SWAP

Increasing Long

4,554

1.4879 GBP

25p ordinary

 SWAP

Increasing Long

4,558

1.4835 GBP

25p ordinary

 SWAP

Increasing Long

6,000

1.4827 GBP

25p ordinary

 SWAP

Increasing Long

6,246

1.4856 GBP

25p ordinary

 SWAP

Increasing Long

9,839

1.4886 GBP

25p ordinary

 SWAP

Increasing Long

33,983

1.4902 GBP

25p ordinary

 SWAP

Increasing Long

42,265

1.4914 GBP

25p ordinary

 SWAP

Increasing Long

50,629

1.4882 GBP

25p ordinary

 SWAP

Increasing Long

178,439

1.4888 GBP

25p ordinary

 SWAP

Increasing Short

2,284

1.4909 GBP

25p ordinary

 SWAP

Increasing Short

13,023

1.4929 GBP

25p ordinary

 SWAP

Increasing Short

87,245

1.4839 GBP

25p ordinary

 CFD

Opening Long

1,260

1.4998 GBP

25p ordinary

 CFD

Opening Long

1,260

28.9084 ZAR

25p ordinary

 CFD

Opening Long

2,640

28.8619 ZAR

25p ordinary

 CFD

Opening Long

3,980

29.0972 ZAR

25p ordinary

 CFD

Opening Long

5,940

29.0174 ZAR

25p ordinary

 CFD

Opening Long

12,368

1.4965 GBP

25p ordinary

 CFD

Opening Long

13,344

29.0581 ZAR

25p ordinary

 CFD

Opening Long

14,488

29.0500 ZAR

25p ordinary

 CFD

Opening Long

14,488

29.0500 ZAR

25p ordinary

 CFD

Opening Long

16,772

29.0383 ZAR

25p ordinary

 CFD

Opening Long

18,820

29.0362 ZAR

25p ordinary

 CFD

Opening Long

170,928

1.4902 GBP

25p ordinary

 CFD

Opening Long

174,264

29.0621 ZAR

25p ordinary

 CFD

Opening Short

1,260

1.4998 GBP

25p ordinary

 CFD

Opening Short

1,260

28.9084 ZAR

25p ordinary

 CFD

Opening Short

2,640

28.8619 ZAR

25p ordinary

 CFD

Opening Short

3,980

29.0972 ZAR

25p ordinary

 CFD

Opening Short

5,940

29.0174 ZAR

25p ordinary

 CFD

Opening Short

12,368

1.4965 GBP

25p ordinary

 CFD

Opening Short

13,344

29.0581 ZAR

25p ordinary

 CFD

Opening Short

14,488

29.0500 ZAR

25p ordinary

 CFD

Opening Short

14,488

29.0500 ZAR

25p ordinary

 CFD

Opening Short

16,772

29.0383 ZAR

25p ordinary

 CFD

Opening Short

18,820

29.0362 ZAR

25p ordinary

 CFD

Opening Short

170,928

1.4902 GBP

25p ordinary

 CFD

Opening Short

174,264

29.0621 ZAR

(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:

28 Jun 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213