CAPC.L Regulatory News (CAPC)

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:

03 Mar 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:

5,596,317

0.66%

8,496,964

1.00%

(2) Cash-settled derivatives:

8,504,467

1.00%

4,531,637

0.53%

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

0

0.00%

0

0.00%

TOTAL: 

14,100,784

1.66%

13,028,601

1.53%

(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

964877

1.2563 GBP

1.2330 GBP

25p ordinary

Sale

1068157

1.2562 GBP

1.2410 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

522

1.2460 GBP

25p ordinary

SWAP

Decreasing Long

1,243

27.1400 ZAR

25p ordinary

CFD

Decreasing Long

1,431

1.2378 GBP

25p ordinary

SWAP

Decreasing Long

1,764

26.9200 ZAR

25p ordinary

SWAP

Decreasing Long

1,823

1.2580 GBP

25p ordinary

SWAP

Decreasing Long

1,915

1.2460 GBP

25p ordinary

SWAP

Decreasing Long

4,949

1.2486 GBP

25p ordinary

SWAP

Decreasing Long

7,997

1.2437 GBP

25p ordinary

CFD

Decreasing Long

8,167

1.2461 GBP

25p ordinary

SWAP

Decreasing Long

12,020

1.2455 GBP

25p ordinary

SWAP

Decreasing Long

18,690

1.2403 GBP

25p ordinary

SWAP

Decreasing Long

19,031

1.2457 GBP

25p ordinary

CFD

Decreasing Long

55,727

1.2476 GBP

25p ordinary

CFD

Decreasing Long

159,556

1.2450 GBP

25p ordinary

SWAP

Decreasing Long

334,748

1.2450 GBP

25p ordinary

SWAP

Decreasing Short

1,243

27.1400 ZAR

25p ordinary

CFD

Decreasing Short

1,719

27.0891 ZAR

25p ordinary

CFD

Decreasing Short

1,764

26.9119 ZAR

25p ordinary

SWAP

Decreasing Short

21,837

1.2487 GBP

25p ordinary

SWAP

Increasing Long

1,193

26.5400 ZAR

25p ordinary

CFD

Increasing Long

3,224

1.2487 GBP

25p ordinary

CFD

Increasing Long

9,287

1.2423 GBP

25p ordinary

SWAP

Increasing Long

15,454

1.2556 GBP

25p ordinary

SWAP

Increasing Long

15,532

1.2538 GBP

25p ordinary

SWAP

Increasing Long

27,230

1.2475 GBP

25p ordinary

CFD

Increasing Long

103,383

1.2457 GBP

25p ordinary

SWAP

Increasing Long

103,740

27.0888 ZAR

25p ordinary

CFD

Increasing Long

153,118

1.2459 GBP

25p ordinary

SWAP

Increasing Long

156,784

1.2410 GBP

25p ordinary

SWAP

Increasing Short

1,193

26.5400 ZAR

25p ordinary

CFD

Increasing Short

2,349

27.0622 ZAR

25p ordinary

SWAP

Increasing Short

6,427

1.2473 GBP

25p ordinary

SWAP

Increasing Short

15,573

1.2481 GBP

25p ordinary

SWAP

Increasing Short

21,000

1.2437 GBP

25p ordinary

SWAP

Increasing Short

23,137

1.2450 GBP

25p ordinary

CFD

Increasing Short

103,740

27.0970 ZAR

25p ordinary

SWAP

Opening Long

8,487

1.2437 GBP

(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:

06 Mar 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213