CAPITAL & COUNTIES PROPERTIES PLC
(Incorporated and registered in the United Kingdom
with Registration Number 07145051 and
registered in South Africa as an external company
with Registration Number 2010/003387/10)
JSE code: CCO ISIN: GB00B62G9D36
LEI: 549300TTXXZ1SHUI0D54
(“the Company”)


NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND
PERSONS CLOSELY ASSOCIATED WITH THEM


Capital & Counties Properties PLC announces that on 2 March 2023, following the Court Sanction of the all-share
merger of the Company and Shaftesbury PLC, the following awards of nil cost options made to the Executive Directors
vested, at a price of £1.2450 per share. Each of the Executive Directors sold sufficient of the shares to cover income
tax and national insurance liabilities that arose on vesting and retained the net shares in their own name.

Following these transactions, the Executive Directors had the following interests in shares in the Company, being a
total of 3,671,689 ordinary shares, which represents 0.43% of the issued share capital of the Company.

                                                                                             Resulting shareholding
                                Number of nil-cost share      Shares sold to cover tax
                                                                                              (including connected
                                 option awards vested:               liabilities:
                                                                                                    persons):
  Ian Hawksworth                       2,177,562                      1,023,455                     2,156,735
  Situl Jobanputra                     1,529,773                       718,994                       910,779
  Michelle McGrath                     1,064,483                       500,308                       604,175
                                4,771,818 nil-cost share
  Total:                                                     2,242,757 ordinary shares      3,671,689 ordinary shares
                                    option awards

  1     Details of the person discharging managerial responsibilities/person closely associated
  a)    Name:                        Ian Hawksworth
  2     Reason for the notification
  a)    Position/status:             PDMR- Chief Executive
  b)    Initial notification         Initial notification
        /Amendment:
  3     Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
        monitor
  a)    Name                         Capital & Counties Properties PLC
  b)    LEI                          549300TTXXZ1SHUI0D54


  4     Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
        transaction; (iii) each date; and (iv) each place where transactions have been conducted
  a)    Description of the           Ordinary shares of 25p each
        financial instrument,
        type of instrument
                                     GB00B62G9D36
        Identification code
  b)    Nature of the                Acquisition of 1,154,107 ordinary shares following vesting of nil-cost options, and
        transaction                  sale of sufficient ordinary shares to cover tax and NI liabilities. The number below
                                     represents the number of ordinary shares retained following the sales.
  c)    Currency                     GBP
  d)    Price(s) and volume(s)                  Price(s)                                Volume(s)
                                         £1.2450 per share                              1,154,107
e)   Aggregated information
     - Aggregated volume        n/a (single transaction)
     - Price
f)   Date of the transaction    2023-03-02


g)   Place of the transaction   London Stock Exchange (XLON)


1    Details of the person discharging managerial responsibilities/person closely associated
a)   Name:                      Situl Jobanputra
2    Reason for the notification
a)   Position/status:           PDMR- Chief Financial Officer
b)   Initial notification       Initial notification
     /Amendment:
3    Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
     monitor
a)   Name                       Capital & Counties Properties PLC
b)   LEI                        549300TTXXZ1SHUI0D54


4    Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
     transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)   Description of the         Ordinary shares of 25p each
     financial instrument,
     type of instrument
                                GB00B62G9D36
     Identification code
b)   Nature of the              Acquisition of 810,779 ordinary shares following vesting of nil-cost options, and sale
     transaction                of sufficient ordinary shares to cover tax and NI liabilities. The number below
                                represents the number of ordinary shares retained following the sales.
c)   Currency                   GBP
d)   Price(s) and volume(s)                Price(s)                                 Volume(s)
                                    £1.2450 per share                                810,779


e)   Aggregated information
     - Aggregated volume        n/a (single transaction)
     - Price
f)   Date of the transaction    2023-03-02


g)   Place of the transaction   London Stock Exchange (XLON)



1    Details of the person discharging managerial responsibilities/person closely associated
a)   Name:                      Michelle McGrath
2    Reason for the notification
  a)    Position/status:             PDMR- Executive Director
  b)    Initial notification         Initial notification
        /Amendment:
  3     Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
        monitor
  a)    Name                         Capital & Counties Properties PLC
  b)    LEI                          549300TTXXZ1SHUI0D54


  4     Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
        transaction; (iii) each date; and (iv) each place where transactions have been conducted
  a)    Description of the           Ordinary shares of 25p each
        financial instrument,
        type of instrument
                                     GB00B62G9D36
        Identification code
  b)    Nature of the                Acquisition of 564,175 ordinary shares following vesting of nil-cost options, and sale
        transaction                  of sufficient ordinary shares to cover tax and NI liabilities. The number below
                                     represents the number of ordinary shares retained following the sales.
  c)    Currency                     GBP
  d)    Price(s) and volume(s)                  Price(s)                                 Volume(s)
                                         £1.2450 per share                                564,175


  e)    Aggregated information
        - Aggregated volume          n/a (single transaction)
        - Price
  f)    Date of the transaction      2023-03-02


  g)    Place of the transaction     London Stock Exchange (XLON)


This announcement is made in accordance with the requirements of the UK Market Abuse Regulation (“UK MAR”) and
the Company confirms that the PDMR's notification obligations under UK MAR have also been satisfied.

Name of officer of issuer responsible for making notification: Ruth Pavey

Date of Notification: 3 March 2023


Ruth Pavey
Company Secretary

020 3214 9170


3 March 2023


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