Capital & Counties Properties Plc Holding(s) in Company (2830N)

TIDMCAPC

RNS Number : 2830N

Capital & Counties Properties Plc

24 October 2016

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:

 
 i) Full name of Persons         BlackRock, Inc. 
  subject to the notification 
  obligation 
------------------------------  -------------------------------------------- 
 ii) Full name of                n/a 
  shares holders (if 
  different from i) 
------------------------------  -------------------------------------------- 
 iii) Reason for Notification    An acquisition or disposal 
                                  of qualifying financial 
                                  instruments which may 
                                  result in the acquisition 
                                  of shares already issued 
                                  to which voting rights 
                                  are attached 
 
                                  An acquisition or disposal 
                                  of instruments with similar 
                                  economic effect to qualifying 
                                  financial instruments 
------------------------------  -------------------------------------------- 
 iv) Date of Transaction         20 October 2016 
------------------------------  -------------------------------------------- 
 v) Date issuer was              21 October 2016 
  notified 
------------------------------  -------------------------------------------- 
 vi) Threshold that              Financial Instruments 
  was crossed                     holding for BlackRock, 
                                  Inc. has gone below 5% 
 
                                  Total holding for BlackRock, 
                                  Inc. remains above 11% 
------------------------------  -------------------------------------------- 
 vii) Situation previous 
  to the triggering              Number of 
  transaction                     shares                    51,545,436 
------------------------------  -------------------------  ----------------- 
  Number voting 
   rights                                                   51,545,436 
 --------------------------------------------------------  ----------------- 
 viii) Resulting situation       Number of                  55,607,764 
  after the triggering            voting rights              (Indirect) 
  transaction 
------------------------------  -------------------------  ----------------- 
                                 % of voting                6.57% (Indirect) 
                                  rights 
------------------------------  -------------------------  ----------------- 
 ix) Qualifying Financial        Type of financial          Securities 
  Instruments - Resulting         instrument                 Lending 
  situation after the 
  triggering transaction 
------------------------------  -------------------------  ----------------- 
  Number of 
   voting rights 
   that may be 
   acquired if 
   the instrument 
   is exercised/converted                                   37,382,833 
 --------------------------------------------------------  ----------------- 
  % of voting 
   rights                                                   4.41% 
 --------------------------------------------------------  ----------------- 
 x) Financial Instruments        Type of financial          CFD 
  with similar economic           instrument 
  effect to Qualifying 
  Financial Instruments 
  - Resulting situation 
  after the triggering 
  transaction 
------------------------------  -------------------------  ----------------- 
  Number of 
   voting rights 
   instrument 
   refers to                                                3,185,859 
 --------------------------------------------------------  ----------------- 
                                 % of voting                0.37% (Nominal) 
                                  rights 
                                -------------------------  ----------------- 
                                                            0.37% (Delta) 
------------------------------  -------------------------  ----------------- 
                                 Number of 
 xi) Total                        voting rights             96,176,456 
------------------------------  -------------------------  ----------------- 
  Percentage 
   of voting 
   rights                                                   11.36% 
 --------------------------------------------------------  ----------------- 
 xii) Chain of controlled        Name                       BlackRock 
  undertakings through                                       Investment 
  which voting rights                                        Management 
  and/or the financial                                       (UK) Limited 
  instruments are effectively 
  held 
------------------------------  -------------------------  ----------------- 
  % of voting 
   rights if 
   it equals 
   or is higher 
   than the notifiable 
   threshold                                                4.08% 
 --------------------------------------------------------  ----------------- 
  % of voting 
   rights through 
   financial 
   instruments 
   if it equals 
   or is higher 
   than the notifiable 
   threshold                                                2.11% 
 --------------------------------------------------------  ----------------- 
  Total of both 
   if it equals 
   or is higher 
   than the notifiable 
   threshold                                                6.20% 
 --------------------------------------------------------  ----------------- 
 xiii) Additional                BlackRock Regulatory 
  information                     Threshold Reporting Team 
------------------------------  -------------------------------------------- 
 xiv) Contact Name               Marc-Oliver Lesch 
------------------------------  -------------------------------------------- 
 xv) Contact telephone           [phone] 
  number: 
------------------------------  -------------------------------------------- 
 

Leigh McCaveny

Acting Company Secretary

020 3214 9174

24 October 2016

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 24, 2016 05:15 ET (09:15 GMT)