TIDMCAPC

RNS Number : 1266H

Capital & Counties Properties Plc

08 March 2018

CAPITAL & COUNTIES PROPERTIES PLC (the "Company")

NOTIFICATION OF MAJOR INTERESTS IN SHARES

We have been advised that the total interests in the Ordinary shares of 25 pence each in the Company held by Coronation Asset Management (Pty) Ltd (acting as discretionary investment manager on behalf of managed portfolios) have decreased below 7%. Full disclosure details are below:

 
 1) Full name and                Coronation Asset Management 
  location of registered          (Pty) Ltd acting as discretionary 
  office of persons               investment manager on behalf 
  subject to the notification     of managed portfolios, Cape 
  obligation                      Town, South Africa 
------------------------------  ----------------------------------------------- 
 2) Full name and                N/A 
  location of shareholder(s) 
  (if different from 
  1) 
------------------------------  ----------------------------------------------- 
 3) Reason for notification      An acquisition or disposal 
                                  of voting rights 
------------------------------  ----------------------------------------------- 
 4) Date threshold               8 March 2018 
  was crossed or reached 
------------------------------  ----------------------------------------------- 
 5) Date issuer was              8 March 2018 
  notified 
------------------------------  ----------------------------------------------- 
 6) Threshold that               Holding has decreased below 
  was crossed                     7% 
------------------------------  ----------------------------------------------- 
 7) Total positions of persons subject to the 
  notification obligation 
------------------------------------------------------------------------------- 
 A) Resulting situation 
  on the date on which 
  threshold was crossed          % of voting rights 
  or reached                      attached to shares             6.95% 
------------------------------  ------------------------------  --------------- 
  % of voting rights 
   through financial 
   instruments                                                   0 
 -------------------------------------------------------------  --------------- 
  Total of both in 
   %                                                             6.95% 
 -------------------------------------------------------------  --------------- 
  Total number of 
   voting rights of 
   issuer                                                        849,060,146 
 -------------------------------------------------------------  --------------- 
 B) Position of previous         % of voting rights 
  notification                    attached to shares             7.97% 
------------------------------  ------------------------------  --------------- 
  % of voting rights 
   through financial 
   instruments                                                   0 
 -------------------------------------------------------------  --------------- 
  Total of both in 
   %                                                             7.97% 
 -------------------------------------------------------------  --------------- 
 8) Notified details of the resulting situation 
  on the date on which the threshold was crossed 
  or reached 
------------------------------------------------------------------------------- 
 A) Voting rights                Number of voting                58,989,365 
  attached to shares              rights                          (Direct) 
------------------------------  ------------------------------  --------------- 
                                 % of voting rights              6.95% (Direct) 
------------------------------  ------------------------------  --------------- 
 9) Information in relation to the person subject 
  to the notification obligation 
------------------------------------------------------------------------------- 
 Full chain of controlled undertakings through 
  which the voting rights and/or the financial 
  instruments are effectively held starting with 
  the ultimate controlling natural person or 
  legal entity 
------------------------------------------------------------------------------- 
            Name(xv)               % of voting    % of voting       Total of 
                                    rights if        rights          both if 
                                    it equals        through        it equals 
                                   or is higher     financial     or is higher 
                                     than the      instruments      than the 
                                    notifiable        if it        notifiable 
                                    threshold        equals         threshold 
                                                      or is 
                                                     higher 
                                                    than the 
                                                   notifiable 
                                                    threshold 
-------------------------------  --------------  -------------  --------------- 
 Coronation Fund Managers 
  Ltd 
-------------------------------  --------------  -------------  --------------- 
 Coronation Investment 
  Management SA (Pty) 
  Ltd 
-------------------------------  --------------  -------------  --------------- 
 Coronation Asset 
  Management (Pty) 
  Ltd                             6.95%                          6.95% 
-------------------------------  --------------  -------------  ---------------

Ruth Pavey

Company Secretary

020 3214 9184

8 March 2018

This information is provided by RNS

The company news service from the London Stock Exchange

END

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