Shaftesbury Capital Plc (formerly: Capital & Counties Properties Plc)

Major Shareholding Notification • Apr 14, 2020

National Storage Mechanism | Additional information

RNS Number : 5927J

Capital & Counties Properties Plc

14 April 2020

CAPITAL & COUNTIES PROPERTIES PLC (the "Company")

NOTIFICATION OF MAJOR INTERESTS IN SHARES

Capital & Counties Properties PLC has received a notification of interests in the Ordinary shares of 25 pence each in the Company as shown below:

1)   Full name and location of registered office of persons subject to the notification obligation	York Capital Management Global Advisors, LLC, New York, USA
2)   Full name of shares holders (if different from 1)	n/a
3)   Reason for notification	An acquisition or disposal of financial instruments
4)   Date threshold was crossed or reached	09/04/2020
5)   Date issuer was notified	13/04/2020
6)   Threshold that was crossed	Total holding has gone below 4%
7)   Total positions of persons subject to the notification obligation
A)  Resulting situation on the date on which threshold was crossed or reached	% of voting rights attached to shares	0%
% of voting rights through financial instruments	3.96%
Total of both in %	3.96%
Total number of voting rights of issuer	848,239,163
B)   Position of previous notification	% of voting rights attached to shares	0%
% of voting rights through financial instruments	4.06%
Total of both in %	4.06%

8)   Notified details of the resulting situation on the date on which the threshold was crossed or reached
A) Voting rights attached to shares		Number of voting rights			-
% of voting rights			-
B1) Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))		Type of financial instrument			-
Number of voting rights that may be acquired if the instrument is exercised/converted			-
% of voting rights			-
B2) Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument	Expiration datex	Exercise/ Conversion Period xi	Physical or cash settlementxii	Number of voting rights		% of voting rights
Swap	9 June 2021	-	Cash settled	362,530		0.04%
Swap	16 February 2022	-	Cash settled	916,805		0.11%
Swap	20 May 2021	-	Cash settled	155,181		0.02%
Swap	6 April 2022	-	Cash settled	2,039,922		0.24%
Swap	9 June 2021	-	Cash settled	1,099,951		0.13%
Swap	7 September 2020	-	Cash settled	196,635		0.02%
Swap	1 October 2020	-	Cash settled	964,070		0.11%
Swap	21 July 2020	-	Cash settled	1,385,033		0.16%
Swap	21 September 2020	-	Cash settled	599,663		0.07%
Swap	21 August 2020	-	Cash settled	1,128,787		0.13%
Swap	21 September 2020	-	Cash settled	4,197,577		0.49%
Swap	21 September 2020	-	Cash settled	12,539,904		1.48%
Swap	21 September 2020	-	Cash settled	3,295,207		0.39%
Swap	21 August 2020	-	Cash settled	109,572		0.01%
Swap	21 August 2020	-	Cash settled	1,513,520		0.18%
Swap	8 March 2021	-	Cash settled	42,056		0.00%
Swap	6 April 2021	-	Cash settled	220,954		0.03%
Swap	22 July 2020	-	Cash settled	387,515		0.05%
Swap	24 August 2020	-	Cash settled	184,501		0.02%
Swap	17 July 2020	-	Cash settled	222,866		0.03%
Swap	21 May 2020	-	Cash settled	346,613		0.04%
Swap	22 July 2020	-	Cash settled	1,213,780		0.14%
Swap	24 September 2020	-	Cash settled	416,985		0.05%
Swap	17 July 2020	-	Cash settled	25,925		0.00%
			SUBTOTAL 8.B.2	33,565,552		3.96%

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
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
York Capital Management Global Advisors, LLC	n/a	3.96	3.96
YCM Master Holdings I L.P.	n/a	n/a	n/a
York European Focus Domestic Holdings, LLC	n/a	n/a	n/a
York European Focus Master Fund, L.P.	n/a	n/a	n/a
York Capital Management Global Advisors, LLC	n/a	3.96	3.96
YCM Master Holdings I L.P.	n/a	n/a	n/a
Exuma Management, LLC	n/a	n/a	n/a
Exuma Capital, L.P.	n/a	n/a	n/a
York Capital Management Global Advisors, LLC	n/a	3.96	3.96
YCM Master Holdings I L.P.	n/a	n/a	n/a
Dinan Management, LLC	n/a	n/a	n/a
Jorvik Multi-Strategy Master Fund, L.P.	n/a	n/a	n/a
York Capital Management Global Advisors, LLC	n/a	3.96	3.96
YCM Master Holdings I L.P.	n/a	n/a	n/a
York European Opportunities Domestic Holding, LLC	n/a	n/a	n/a
York European Opportunities Investments Master Fund, L.P.	n/a	n/a	n/a
York Capital Management Global Advisors, LLC	n/a	3.96	3.96
YCM Master Holdings I L.P.	n/a	n/a	n/a
Dinan Management, LLC	n/a	n/a	n/a
York Capital Management, L.P.	n/a	n/a	n/a
York Capital Management Global Advisors, LLC	n/a	3.96	3.96
YCM Master Holdings I L.P.	n/a	n/a	n/a
Dinan Management, LLC	n/a	n/a	n/a
York Multi-Strategy Master Fund, L.P.	n/a	n/a	n/a
York Capital Management Global Advisors, LLC	n/a	3.96	3.96
YCM Master Holdings II L.P.	n/a	n/a	n/a
York UCITS Holdings, LLC	n/a	n/a	n/a
York Event Driven UCITS Fund	n/a	n/a	n/a
York Capital Management Global Advisors, LLC	n/a	3.96	3.96
YCM Master Holdings I L.P.	n/a	n/a	n/a
York Offshore Holdings II, LLC	n/a	n/a	n/a
York European Strategic Investors Holdings Fund, L.P.	n/a	n/a	n/a
York Capital Management Global Advisors, LLC	n/a	3.96	3.96
YCM Master Holdings I L.P.	n/a	n/a	n/a
York Offshore Holdings II, LLC	n/a	n/a	n/a
York Capital Management Global Advisors, LLC	n/a	3.96	3.96
York Registered Holdings, L.P.	n/a	n/a	n/a
York Capital Management Global Advisors, LLC	n/a	3.96	3.96
YCM Master Holdings II L.P.	n/a	n/a	n/a
York UCITS Holdings, LLC	n/a	n/a	n/a
DB Platinum IV UBS Multi Strategy Alternatives	n/a	n/a	n/a
York Capital Management Global Advisors, LLC	n/a	3.96	3.96
YCM Master Holdings II L.P.	n/a	n/a	n/a
York Managed Holdings, LLC	n/a	n/a	n/a
Investments Opportunities 8 Segregated Portfolio	n/a	n/a	n/a
York Capital Management Global Advisors, LLC	n/a	3.96	3.96
York Distressed Asset Holdings IV, LLC	n/a	n/a	n/a
York Distressed Asset Fund IV, L.P.	n/a	n/a	n/a

Leigh McCaveny

Acting Company Secretary

020 3214 9170

14 April 2020

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