CAPC.L Regulatory News (CAPC)

FORM 8.5 (EPT/NON-RI) Amendment Sale

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:

19 December 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:

10,655,907

1.25%

7,511,242

0.88%

(2)

Cash-settled derivatives:

7,788,353

0.91%

9,693,794

1.14%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

18,472,246

2.17%

17,205,036

2.02%

(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

127,102

1.0340 GBP

1.0095 GBP

25p ordinary

Sale

139,416

1.0337 GBP

1.0095 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

7,708

21.6794 ZAR

25p ordinary

 SWAP

Decreasing Long

11,403

21.6720 ZAR

25p ordinary

 SWAP

Decreasing Short

263

1.0283 GBP

25p ordinary

 SWAP

Decreasing Short

542

1.0199 GBP

25p ordinary

 SWAP

Decreasing Short

546

1.0162 GBP

25p ordinary

 SWAP

Decreasing Short

683

1.0300 GBP

25p ordinary

 SWAP

Decreasing Short

3,385

1.0279 GBP

25p ordinary

 SWAP

Decreasing Short

3,429

1.0291 GBP

25p ordinary

 SWAP

Decreasing Short

4,203

1.0329 GBP

25p ordinary

 SWAP

Decreasing Short

11,661

1.0262 GBP

25p ordinary

 SWAP

Increasing Long

144

1.0330 GBP

25p ordinary

 SWAP

Increasing Long

356

1.0330 GBP

25p ordinary

 CFD

Increasing Long

588

1.0337 GBP

25p ordinary

 SWAP

Increasing Long

769

21.5520 ZAR

25p ordinary

 SWAP

Increasing Long

1,259

21.8183 ZAR

25p ordinary

 SWAP

Increasing Long

1,472

21.6100 ZAR

25p ordinary

 SWAP

Increasing Long

1,899

1.0196 GBP

25p ordinary

 SWAP

Increasing Long

2,229

1.0230 GBP

25p ordinary

 CFD

Increasing Long

3,076

21.5580 ZAR

25p ordinary

 CFD

Increasing Long

5,036

21.8123 ZAR

25p ordinary

 SWAP

Increasing Long

11,865

21.5500 ZAR

25p ordinary

 SWAP

Increasing Long

19,760

1.0265 GBP

25p ordinary

 SWAP

Increasing Long

24,951

1.0312 GBP

25p ordinary

 SWAP

Increasing Long

26,493

1.0316 GBP

25p ordinary

 CFD

Increasing Long

30,564

1.0320 GBP

25p ordinary

 CFD

Increasing Long

30,832

21.6859 ZAR

25p ordinary

 CFD

Increasing Long

40,340

21.5586 ZAR

25p ordinary

 CFD

Increasing Long

43,008

1.0330 GBP

25p ordinary

 CFD

Increasing Long

43,596

1.0330 GBP

25p ordinary

 CFD

Increasing Long

45,312

1.0249 GBP

25p ordinary

 CFD

Increasing Long

45,612

21.6655 ZAR

25p ordinary

 CFD

Increasing Long

64,388

1.0329 GBP

25p ordinary

 CFD

Increasing Short

588

1.0337 GBP

25p ordinary

 SWAP

Increasing Short

1,472

21.6100 ZAR

25p ordinary

 SWAP

Increasing Short

1,780

21.5500 ZAR

25p ordinary

 CFD

Increasing Short

3,076

21.5580 ZAR

25p ordinary

 CFD

Increasing Short

5,036

21.8123 ZAR

25p ordinary

 CFD

Increasing Short

30,564

1.0320 GBP

25p ordinary

 CFD

Increasing Short

30,832

21.6859 ZAR

25p ordinary

 CFD

Increasing Short

40,340

21.5586 ZAR

25p ordinary

 CFD

Increasing Short

43,008

1.0330 GBP

25p ordinary

 CFD

Increasing Short

43,596

1.0330 GBP

25p ordinary

 CFD

Increasing Short

45,312

1.0249 GBP

25p ordinary

 CFD

Increasing Short

45,612

21.6655 ZAR

25p ordinary

 CFD

Increasing Short

64,388

1.0329 GBP

25p ordinary

 CFD

Opening Long

588

1.0337 GBP

25p ordinary

 CFD

Opening Long

3,076

21.5580 ZAR

25p ordinary

 CFD

Opening Long

5,036

21.8123 ZAR

25p ordinary

 CFD

Opening Long

30,564

1.0320 GBP

25p ordinary

 CFD

Opening Long

30,832

21.6859 ZAR

25p ordinary

 CFD

Opening Long

40,340

21.5586 ZAR

25p ordinary

 CFD

Opening Long

43,008

1.0330 GBP

25p ordinary

 CFD

Opening Long

43,596

1.0330 GBP

25p ordinary

 CFD

Opening Long

45,312

1.0249 GBP

25p ordinary

 CFD

Opening Long

45,612

21.6655 ZAR

25p ordinary

 CFD

Opening Long

64,388

1.0329 GBP

25p ordinary

 CFD

Opening Short

588

1.0337 GBP

25p ordinary

 CFD

Opening Short

3,076

21.5580 ZAR

25p ordinary

 CFD

Opening Short

5,036

21.8123 ZAR

25p ordinary

 CFD

Opening Short

30,564

1.0320 GBP

25p ordinary

 CFD

Opening Short

30,832

21.6859 ZAR

25p ordinary

 CFD

Opening Short

40,340

21.5586 ZAR

25p ordinary

 CFD

Opening Short

43,008

1.0330 GBP

25p ordinary

 CFD

Opening Short

43,596

1.0330 GBP

25p ordinary

 CFD

Opening Short

45,312

1.0249 GBP

25p ordinary

 CFD

Opening Short

45,612

21.6655 ZAR

25p ordinary

 CFD

Opening Short

64,388

1.0329 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:

21 Dec 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213