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 location of registered office of persons subject to the notification obligation
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Coronation Asset Management (Pty) Ltd acting as discretionary investment manager on behalf of managed portfolios, Cape Town, South Africa |
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2) Full name and location of shareholder(s) (if different from 1) |
N/A |
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3) Reason for notification
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An acquisition or disposal of voting rights |
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4) Date threshold was crossed or reached
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8 March 2018 |
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5) Date issuer was notified
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8 March 2018 |
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6) Threshold that was crossed
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Holding has decreased below 7%
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7) Total positions of persons subject to the notification obligation
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A) Resulting situation on the date on which threshold was crossed or reached
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% of voting rights attached to shares |
6.95% |
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% of voting rights through financial instruments |
0 |
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Total of both in % |
6.95% |
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Total number of voting rights of issuer |
849,060,146 |
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B) Position of previous notification
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% of voting rights attached to shares |
7.97% |
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% of voting rights through financial instruments |
0 |
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Total of both in % |
7.97% |
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8) Notified details of the resulting situation on the date on which the threshold was crossed or reached
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A) Voting rights attached to shares
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Number of voting rights |
58,989,365 (Direct) |
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% of voting rights |
6.95% (Direct)
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9) Information in relation to the person subject to the notification obligation
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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
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Namexv |
% of voting rights if it equals or is higher than the notifiable threshold |
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold |
Total of both if it equals or is higher than the notifiable threshold |
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Coronation Fund Managers Ltd |
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Coronation Investment Management SA (Pty) Ltd |
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Coronation Asset Management (Pty) Ltd |
6.95% |
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6.95% |
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Ruth Pavey
Company Secretary
020 3214 9184
8 March 2018