Notification of Major Interests in Shares
Capital & Counties Properties PLC
(Incorporated and registered in the United Kingdom and Wales with registration Number 07145041
and registered in South Africa as an external company with Registration Number 2010/003387/10)
ISIN: GB00B62G9D36
JSE code: CCO
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) Details and location of person Madison International Real Estate Liquidity Fund VII
subject to the notification obligation - Madison International Realty Holdings, LLC
(names)
(Delaware)
- MIRELF VII (Ontario), LP (Ontario)
- MIRELF VII Offshore Securities, LLC (Delaware)
Madison International Global Value Real Estate Securities
Fund LP
- Madison International Realty Holdings, LLC
(Delaware)
- Madison International Global Value Real Estate
Securities Fund LP (Cayman)
- MIRGV Cayman LP (Cayman)
- MIRGV Master Offshore LP (Cayman)
Separate Madison-managed account
- Managed by Madison International Realty Holdings,
LLC (Delaware)
2) Full name and location of Madison International Real Estate Liquidity Fund VII
shareholders (if different from 1) - MIRELF VII Offshore Securities, LLC (Delaware)
(names)
Madison International Global Value Real Estate Securities
Fund LP
- MIRGV Master Offshore LP (Cayman)
Separate Madison-managed account
- Managed by Madison International Realty Holdings,
LLC (Delaware)
3) Reason for notification An acquisition or disposal of voting rights
4) Date threshold was crossed or 29 May 2019
reached
5) Date issuer was notified 31 May 2019
6) Threshold that was crossed Total holding has gone above 3%
7) Total positions of persons subject to the notification obligation
A) Resulting situation on the date on % of voting rights attached to shares 3.12%
which threshold was crossed or % of voting rights through financial N/A
reached instruments
Total of both in % 3.12%
Total number of voting rights of issuer 850,820,151
B) Position of previous notification % of voting rights attached to shares N/A
% of voting rights through financial N/A
instruments
Total of both in % N/A
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 26,550,454
(Indirect)
% of voting rights 3.12% (Indirect)
B1) Financial Instruments according to Type of financial instrument N/A
Art. 13(1)(a) of Directive 2004/109/EC
Expiration date N/A
(DTR5.3.1.1 (a))
Exercise/Conversion Period N/A
Number of voting rights that may be N/A
acquired if the instrument is
exercised/converted.
% of voting rights N/A
B2) Financial Instruments with similar Type of financial instrument N/A
economic effect according to Art.
Expiration date N/A
13(1)(b) of Directive 2004/109/EC
(DTR5.3.1.1 (b)) Exercise/Conversion Period N/A
Physical or cash settlement N/A
Number of voting rights N/A
% of voting rights N/A
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
% of voting
rights through
% of voting rights if it financial Total of both if it
equals or is higher instruments if it equals or is higher
Name xv
than the notifiable equals or is than the notifiable
threshold higher than the threshold
notifiable
threshold
Madison International Real Estate Liquidity Fund VII
- MIRELF VII Offshore Securities, LLC is owned as to 100% by MIRELF VII (Ontario), LP, which in turn
is owned by certain limited partnerships which are indirectly controlled by Madison International
Realty Holdings, LLC.
Madison International Global Value Real Estate Securities Fund LP
- MIRGV Master Offshore LP is owned as to 100% by MIRGV Cayman LP which in turn is owned by
Madison International Global Value Real Estate Securities Fund LP and MIRELF VI NPS Co-
Investment LP (which are indirectly controlled by Madison International Realty Holdings, LLC) .
Separate Madison-managed account
- Madison International Global Alpha Realty, LLC manages a separate account on behalf of a third
party investor. Madison International Global Alpha Realty, LLC is directly controlled by Madison
International Realty Holdings, LLC.
10) Additional information N/A
Ruth Pavey
Company Secretary
020 3214 9170
JSE Sponsor
Merrill Lynch South Africa (Pty) Limited
31 May 2019
Date: 31/05/2019 01:01:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.