| 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 | SHAFTESBURY 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: | 05 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? | CAPITAL & COUNTIES PROPERTIES 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: | 759,771 | 0.20% | 2,074,965 | 0.54% | ||
| | | | | | | | |
| (2) | Cash-settled derivatives: | | | | | ||
| | | | 4,602,165 | 1.20% | 664,397 | 0.17% | |
| | | | | | | | |
| (3) | Stock-settled derivatives (including options) | | | | | ||
| | and agreements to purchase/sell: | 456097.65 | 0.12% | 0 | 0.00% | ||
| | | | | | | | |
| | | | | | | ||
| | TOTAL: | | 5,818,034 | 1.51% | 2,739,362 | 0.71% | |
| | | | | | | | |
| (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 | 57,922 | 5.1550 GBP | 5.0775 GBP | |||
| 25p ordinary | Sale | 74,124 | 5.1500 GBP | 5.1038 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 | 2,322 | 5.1131 GBP | |||
| 25p ordinary | SWAP | Decreasing Long | 11,804 | 5.1437 GBP | |||
| 25p ordinary | SWAP | Decreasing Short | 1,400 | 5.1227 GBP | |||
| 25p ordinary | SWAP | Decreasing Short | 1,591 | 5.1249 GBP | |||
| 25p ordinary | CFD | Decreasing Short | 2,210 | 5.1176 GBP | |||
| 25p ordinary | SWAP | Decreasing Short | 2,281 | 5.1387 GBP | |||
| 25p ordinary | SWAP | Decreasing Short | 2,834 | 5.1113 GBP | |||
| 25p ordinary | CFD | Decreasing Short | 9,540 | 5.1495 GBP | |||
| 25p ordinary | SWAP | Decreasing Short | 15,822 | 5.1500 GBP | |||
| 25p ordinary | SWAP | Increasing Long | 80 | 5.1350 GBP | |||
| 25p ordinary | SWAP | Increasing Long | 347 | 5.1143 GBP | |||
| 25p ordinary | SWAP | Increasing Long | 1,025 | 5.0650 GBP | |||
| 25p ordinary | SWAP | Increasing Long | 2,986 | 5.1125 GBP | |||
| 25p ordinary | SWAP | Increasing Long | 4,163 | 5.1155 GBP | |||
| 25p ordinary | SWAP | Increasing Long | 9,444 | 5.1499 GBP | |||
| 25p ordinary | SWAP | Opening Short | 3,078 | 5.1290 GBP | |||
| 25p ordinary | SWAP | Opening Short | 4,902 | 5.1278 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? | YES | ||||||
| Date of disclosure: | 6 Jul 2022 | | | | |||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | | | ||||
| SUPPLEMENTAL FORM 8 (OPEN POSITIONS) | ||||||||
| DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO | ||||||||
| PURCHASE OR SELL ETC. | ||||||||
| Note 5(i) on Rule 8 of the Takeover Code (the "Code") | ||||||||
| 1. | KEY INFORMATION | |||||||
| Identity of the person whose positions/dealings | BARCLAYS CAPITAL SECURITIES LTD | |||||||
| are being disclosed: | | | ||||||
| Name of offeror/offeree in relation to whose | SHAFTESBURY PLC | |||||||
| relevant securities this from relates: | ||||||||
| 2. | OPTIONS AND DERIVATIVES | |||||||
| Class | | Product | Writing, | Number | Exercise | Type | Expiry | |
| of | | description | purchasing, | of | price | | date | |
| relevant | | | selling, | securities | per unit | | | |
| security | | | varying etc | to which | | | | |
| | | | | option | | | | |
| | | | | relates | | | | |
| 25p ordinary | Exchangeable Bond | Long | 456097.65 | n/a | n/a | 30 Mar 2026 | ||
| 3. | AGREEMENTS TO PURCHASE OR SELL ETC. | |||||||
| Full details should be given so that the nature of the interest or position can be fully | ||||||||
| understood: | | | | | | | | |
| | ||||||||
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
