CAPITAL & REGIONAL PLC - Holding(s) in company

Holding(s) in company

CAPITAL & REGIONAL PLC
(Incorporated in the United Kingdom)
(UK Company number 01399411)
LSE share code: CAL JSE share code: CRP
ISIN: GB0001741544
(“Capital & Regional” or “the Company”)


HOLDING(S) IN COMPANY


On 14 December 2015 the Company received notification that Arctospark, an entity in which Louis Norval has a
beneficial interest, has resolved to transfer or dispose of all of its 29,102,863 shares in the Company. The transactions
are due to be completed by 24 December 2015 all at a price of 15.80 ZAR per share, equivalent to 68.5p per share
based on an exchange rate of 23.07 ZAR to 1 GBP at 14 December 2015. The result of these transactions will be that:

    -   12,746,398 shares will be acquired by PDI Investment Holdings Limited;
    -   8,512,948 shares will be acquired by MStead Limited;
    -   5,830,353 shares will be transferred to De Katwijk Trust;
    -   958,435 shares will be transferred to Exdiem Trust; and
    -   248,260 shares will be transferred to Rameros Investments.

Louis Norval has a beneficial interest in PDI Investment Holdings Limited and MStead Limited. De Katwijk Trust,
Exdiem Trust and Rameros Investments are connected parties of Louis Norval although he does not have a beneficial
interest in these entities. The remaining 806,469 shares held by Arctospark will be transferred to entities with no
ongoing connection to Louis Norval.

On completion of these transactions PDI Investment Holdings Limited will have a shareholding of 60,462,806 shares
representing 8.63% of the Company’s issued share capital and MStead Limited will have a shareholding of 67,121,055
shares representing 9.58% of the Company’s issued share capital.

The revised beneficial interest of Louis Norval will be 129,074,861 ordinary shares, representing 18.42% of the
Company’s issued share capital. The total shareholding of all parties connected to Louis Norval, including those in
which he has a beneficial interest and those which he does not but has a connection to, is 167,718,632 shares,
representing 23.93% of the Company’s issued share capital. Wessel Hamman, a Non-Executive Director of the
Company is a Non-Executive Director of Homestead Group Holdings, the parent company of MStead Limited and a
shareholder in PDI Investment Holdings Limited but he has no beneficial interest in the shares held by either entity.

15 December 2015


JSE sponsor
Java Capital


Notes to editors:
About Capital & Regional plc
Capital & Regional is a UK focused specialist property REIT with a strong track record of delivering value enhancing
retail and leisure asset management opportunities across a c. £1 billion portfolio of in-town dominant community
shopping centres. Capital & Regional is listed on the main market of the London Stock Exchange and has a secondary
listing on the Johannesburg Stock Exchange.

Capital & Regional owns six Mall shopping centres in Blackburn, Camberley, Luton, Maidstone, Walthamstow and
Wood Green. It also has a 20% joint venture interest in the Kingfisher Centre in Redditch and a 50% joint venture in
the Buttermarket Centre, Ipswich. Capital & Regional manages these assets, which comprise over 900 retail units and
attract c. 1.7 million shopping visits each week, through its in-house expert property and asset management platform.

For further information see www.capreg.com.

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