CAPITAL & COUNTIES PROPERTIES PLC - Notification of Executive Director share dealings

Notification of Executive Director share dealings

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 


Notification of Executive Director share dealings

On 26 February 2015, Executive Directors of the Company exercised share options awarded in 2010
and 2011 under the Company’s Performance Share Plan (“PSP”) and Matching Share Plan (“MSP”).
Details of each transaction are set out in the tables below.

Following these transactions, the Executive Directors hold a total of 1,465,594 ordinary shares of 25p
each in the company, which represents 0.2% of the issued share capital, and hold LTIP awards over
5,746,198 ordinary shares of 25p each in the company, which remain subject to performance
conditions and/or holding periods.

Exercises of Nil cost options:

    Executive Director                         Scheme                 No. of nil cost options exercised

    Ian Hawksworth                          PSP and MSP                           1,218,402
    Soumen Das                              PSP and MSP                             612,525
    Gary Yardley                            PSP and MSP                           1,111,906

Following the exercises the shares were sold at a price of £3.96 per share.

Exercises of market value options:

 Executive Director      Scheme                           No. of        Exercise       Number of 25p Ordinary
                                                         Options        price per      shares settled based on
                                                        Exercised        share         25.02.15 closing price of
                                                                                                £3.928
 Soumen Das              PSP (Unapproved options)       1, 155, 290     £1.0387                849,791
 Soumen Das              PSP (HMRC Approved options)      9,019         £1.5773                  n/a

The Company chose to settle the Unapproved options by delivering shares with a market value equal
to the settlement value of the options (being the difference between the option price and the market
value of the option shares). On exercise of the Approved options, 4,509 shares were transferred to
Mr Das’ wife, Mrs Dipa Das. Following the exercises the shares were sold at a price of £3.96 per
share.

The Company was notified of the transactions on 26 February 2015.

Ruth Pavey
Company Secretary

27 February 2015

Sponsor: 

Merrill Lynch South Africa (Pty) Limited

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