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:

08 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:

7,699,163

0.90%

7,140,780

0.84%

(2)

Cash-settled derivatives:

16,374,190

1.92%

6,446,862

0.76%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

24,073,353

2.83%

13,587,642

1.60%

(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

201,419

1.5010 GBP

1.4375 GBP

25p ordinary

Sale

299,743

1.4961 GBP

1.435 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

81

30.1400 ZAR

25p ordinary

 SWAP

Decreasing Long

416

30.0200 ZAR

25p ordinary

 CFD

Decreasing Long

536

1.4742 GBP

25p ordinary

 CFD

Decreasing Long

696

1.4698 GBP

25p ordinary

 SWAP

Decreasing Long

810

29.9828 ZAR

25p ordinary

 CFD

Decreasing Long

1,680

30.0879 ZAR

25p ordinary

 CFD

Decreasing Long

6,244

1.4562 GBP

25p ordinary

 SWAP

Decreasing Long

6,803

29.8068 ZAR

25p ordinary

 CFD

Decreasing Long

11,576

29.6621 ZAR

25p ordinary

 SWAP

Decreasing Long

18,948

29.7970 ZAR

25p ordinary

 CFD

Decreasing Long

24,036

1.4790 GBP

25p ordinary

 CFD

Decreasing Long

27,212

29.8158 ZAR

25p ordinary

 CFD

Decreasing Long

33,012

1.4958 GBP

25p ordinary

 SWAP

Decreasing Long

67,033

29.7010 ZAR

25p ordinary

 CFD

Decreasing Long

164,176

1.4691 GBP

25p ordinary

 CFD

Decreasing Long

264,892

1.4692 GBP

25p ordinary

 CFD

Decreasing Long

268,132

29.6921 ZAR

25p ordinary

 SWAP

Decreasing Short

81

30.1400 ZAR

25p ordinary

 SWAP

Decreasing Short

416

30.0200 ZAR

25p ordinary

 CFD

Decreasing Short

536

1.4742 GBP

25p ordinary

 CFD

Decreasing Short

696

1.4698 GBP

25p ordinary

 SWAP

Decreasing Short

810

29.9828 ZAR

25p ordinary

 CFD

Decreasing Short

1,680

30.0879 ZAR

25p ordinary

 CFD

Decreasing Short

6,244

1.4562 GBP

25p ordinary

 CFD

Decreasing Short

11,576

29.6621 ZAR

25p ordinary

 SWAP

Decreasing Short

18,948

29.7970 ZAR

25p ordinary

 SWAP

Decreasing Short

19,961

1.4959 GBP

25p ordinary

 CFD

Decreasing Short

24,036

1.4790 GBP

25p ordinary

 CFD

Decreasing Short

27,212

29.8158 ZAR

25p ordinary

 CFD

Decreasing Short

33,012

1.4958 GBP

25p ordinary

 CFD

Decreasing Short

164,176

1.4691 GBP

25p ordinary

 CFD

Decreasing Short

264,892

1.4692 GBP

25p ordinary

 CFD

Decreasing Short

268,132

29.6921 ZAR

25p ordinary

 SWAP

Increasing Long

14,088

1.4960 GBP

25p ordinary

 SWAP

Increasing Long

18,682

1.4959 GBP

25p ordinary

 SWAP

Increasing Long

41,388

1.4865 GBP

25p ordinary

 SWAP

Increasing Long

47,083

1.4795 GBP

25p ordinary

 SWAP

Increasing Long

73,080

1.4858 GBP

25p ordinary

 SWAP

Increasing Long

83,008

1.4824 GBP

25p ordinary

 SWAP

Increasing Short

580

1.4954 GBP

25p ordinary

 SWAP

Increasing Short

1,250

1.4828 GBP

25p ordinary

 SWAP

Increasing Short

2,400

1.4744 GBP

25p ordinary

 SWAP

Increasing Short

2,500

1.4591 GBP

25p ordinary

 CFD

Opening Long

536

1.4742 GBP

25p ordinary

 CFD

Opening Long

696

1.4698 GBP

25p ordinary

 CFD

Opening Long

1,680

30.0879 ZAR

25p ordinary

 CFD

Opening Long

6,244

1.4562 GBP

25p ordinary

 CFD

Opening Long

11,576

29.6621 ZAR

25p ordinary

 CFD

Opening Long

24,036

1.4790 GBP

25p ordinary

 CFD

Opening Long

27,212

29.8158 ZAR

25p ordinary

 CFD

Opening Long

33,012

1.4958 GBP

25p ordinary

 CFD

Opening Long

164,176

1.4691 GBP

25p ordinary

 CFD

Opening Long

264,892

1.4692 GBP

25p ordinary

 CFD

Opening Long

268,132

29.6921 ZAR

25p ordinary

 CFD

Opening Short

536

1.4742 GBP

25p ordinary

 CFD

Opening Short

696

1.4698 GBP

25p ordinary

 CFD

Opening Short

1,680

30.0879 ZAR

25p ordinary

 CFD

Opening Short

6,244

1.4562 GBP

25p ordinary

 CFD

Opening Short

11,576

29.6621 ZAR

25p ordinary

 CFD

Opening Short

24,036

1.4790 GBP

25p ordinary

 CFD

Opening Short

27,212

29.8158 ZAR

25p ordinary

 CFD

Opening Short

33,012

1.4958 GBP

25p ordinary

 CFD

Opening Short

164,176

1.4691 GBP

25p ordinary

 CFD

Opening Short

264,892

1.4692 GBP

25p ordinary

 CFD

Opening Short

268,132

29.6921 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:

11 Jul 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213