Capital & Counties Properties plc (JSE:CCO) News - Public opening position disclosure by a party to an offer 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) JSE code: CCO ISIN: GB00B62G9D36 LEI: 549300TTXXZ1SHUI0D54 (“the Company”) PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER FORM 8 (OPD) PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER Rules 8.1 and 8.2 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Capital & Counties Properties PLC (b) Owner or controller of interests and short positions disclosed, if Capco Investment London (No.1) Limited different from 1(a): Capco Investment London (No.2) Limited The naming of nominee or vehicle companies is insufficient. For a Capco Investment London (No.3) Limited trust, the trustee(s), settlor and beneficiaries must be named. Capco Investment London (No.4) Limited Capco Investment London (No.5) Limited (c) Name of offeror/offeree in relation to whose relevant securities this Shaftesbury PLC (OFFEREE) form relates: Use a separate form for each offeror/offeree (d) Is the discloser the offeror or the offeree? OFFEROR (e) Date position held: 20/05/2022 The latest practicable date prior to the disclosure (f) In addition to the company in 1(c) above, is the discloser making YES disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A” Capital & Counties Properties PLC (OFFEROR) 2. POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates Class of relevant security: Ordinary shares of £0.25 each Interests Short positions Name Number % Number % (1) Relevant securities owned and/or Capco Investment London NIL - 19,004,069 4.95% controlled: (No.1) Limited Capco Investment London 19,004,069 4.95% (No.2) Limited Capco Investment London 26,607,067 6.93% (No.3) Limited Capco Investment London 26,607,067 6.93% (No.4) Limited Capco Investment London 5,748,731 1.50% (No.5) Limited Total 96,971,003 25.24 (2) Cash-settled derivatives: NIL - NIL - (3) Stock-settled derivatives (including NIL - NIL - options) and agreements to purchase/sell: TOTAL: 96,971,003 25.24 TOTAL: All interests and all short positions should be disclosed. Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions). Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL). (b) Rights to subscribe for new securities Class of relevant security in relation to which N/A subscription right exists: Details, including nature of the rights concerned and N/A relevant percentages: 3. POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE Details of any interests, short positions and rights to subscribe (including directors’ and other employee options) of any person acting in concert with the party to the offer making the disclosure: a) Interests held by the Directors of Capital & Counties Properties PLC, their close relatives and related trusts: Name Number of % (2 ordinary decimal shares of places) £0.25 Jonathan Lane, close relatives and related trusts: 4,879 0.00 b) Interests and short positions held by connected advisers of Capital & Counties Properties PLC Name Number % (2 of decimal ordinary places) shares of £0.25 UBS Financial Services Inc. 1 0.00 Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions). Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL). 4. OTHER INFORMATION (a) Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the party to the offer making the disclosure or any person acting in concert with it: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none” None (b) Agreements, arrangements or understandings relating to options or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state “none” None (c) Attachments Are any Supplemental Forms attached? Supplemental Form 8 (Open Positions) NO Supplemental Form 8 (SBL) NO Date of disclosure: 20 May 2022 Contact name: Ruth Pavey, Company Secretary Telephone number: 020 3214 9170 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129. The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk. 20 May 2022 Sponsor Java Capital Date: 20-05-2022 12:05:00 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.