CSP.L Regulatory News (CSP)

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii :

COUNTRYSIDE PROPERTIES PLC

1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)

Non-UK issuer

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments

X

An event changing the breakdown of voting rights

Other (please specify)iii:

3. Details of person subject to the notification obligationiv

Name

Bank of America Corporation

City and country of registered office (if applicable)

Wilmington, DE, United States

4. Full name of shareholder(s) (if different from 3.)v

Name

Merrill Lynch International

City and country of registered office (if applicable)

London, United Kingdom

5. Date on which the threshold was crossed or reachedvi :

10/09/2020

6. Date on which issuer notified (DD/MM/YYYY):

14/09/2020

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

3.326%

2.984%

6.310%

524,626,870

Position of previous notification (if applicable)

Below Notifiable Threshold

Below Notifiable Threshold

Below Notifiable Threshold

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type of shares ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

GB00BYPHNG03

0

17,449,887

0.000%

3.326%

SUBTOTAL 8. A

17,449,887

3.326%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expiration datex

Exercise / Conversion Period xi

Number of voting rights that may be acquired if the instrument is exercised / converted.

% of voting rights

Right to Recall

N/A

N/A

94,670

0.018%

SUBTOTAL 8. B 1

94,670

0.018%

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expiration datex

Exercise / Conversion Period xi

Physical or cash settlement xii

Number of voting rights

% of voting rights

Swaps

Apr 01, 2021

N/A

Cash

4,343,334

0.828%

Swaps

Apr 30, 2021

N/A

Cash

623,164

0.119%

Swaps

Feb 26, 2021

N/A

Cash

95,924

0.018%

Swaps

Jan 26, 2021

N/A

Cash

3,300,000

0.629%

Swaps

Jan 29, 2021

N/A

Cash

79,676

0.015%

Swaps

Jan 31, 2022

N/A

Cash

737,500

0.141%

Swaps

Jul 29, 2022

N/A

Cash

217,716

0.041%

Swaps

Jul 30, 2021

N/A

Cash

30,661

0.006%

Swaps

Jun 22, 2021

N/A

Cash

956,000

0.182%

Swaps

Mar 08, 2021

N/A

Cash

700,000

0.133%

Swaps

Mar 10, 2022

N/A

Cash

52,814

0.010%

Swaps

May 04, 2021

N/A

Cash

1,950,000

0.372%

Swaps

May 13, 2021

N/A

Cash

9,889

0.002%

Swaps

Oct 19, 2020

N/A

Cash

90,221

0.017%

Swaps

Oct 23, 2020

N/A

Cash

47,110

0.009%

Swaps

Oct 30, 2020

N/A

Cash

199,064

0.038%

Swaps

Sep 21, 2020

N/A

Cash

2,000,000

0.381%

Swaps

Sep 30, 2021

N/A

Cash

124,565

0.024%

SUBTOTAL 8. B 2

15,557,638

2.965%

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii

Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Bank of America Corporation

N/A

N/A

N/A

NB Holdings Corporation

N/A

N/A

N/A

BAC North America Holding Company

N/A

N/A

N/A

Bank of America, National Association

N/A

N/A

N/A

Bank of America Corporation

N/A

N/A

N/A

NB Holdings Corporation

N/A

N/A

N/A

BofAML Jersey Holdings Limited

N/A

N/A

N/A

BofAML EMEA Holdings 2 Limited

N/A

N/A

N/A

ML UK Capital Holdings Limited

N/A

N/A

N/A

Merrill Lynch International

3.326%

N/A

6.148%

10. In case of proxy voting, please identify:

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional informationxvi

Place of completion

United Kingdom

Date of completion

14/09/2020