Capital & Regional plc Issue of New Shares (7942N)
August 11 2017 - 5:45AM
UK Regulatory
TIDMCAL
RNS Number : 7942N
Capital & Regional plc
11 August 2017
11 August 2017
Capital & Regional plc
("Capital & Regional" or the "Company" or "Group")
Issue of New Shares
Capital & Regional announces that 6,300,000 new ordinary
shares in the Company have been issued and allotted and will be
transferred to the Capital & Regional plc Employee Share
Ownership Trust 2002 at their nominal value of 1 pence each. The
shares will be used to satisfy share awards that are due to vest
shortly under the Capital & Regional plc 2008 Long Term
Incentive Plan.
An application has been made for these shares to be admitted to
the Premium Segment of the Official List of the United Kingdom
Listing Authority, to trading on the London Stock Exchange's Main
Market for listed securities, and to be listed on the Johannesburg
Stock Exchange. It is expected that admission will occur on 15
August 2017.
Following the issue of the shares, the total number of shares in
issue and voting rights in Capital & Regional will be
714,777,735 with effect from 15 August 2017. This may be used by
shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change to their interest in, Capital & Regional under the UK
Financial Conduct Authority's Disclosure and Transparency
Rules.
- ENDS -
For further information:
Capital & Regional: Tel: 020 7932 8000
Lawrence Hutchings, Chief
Executive
Charles Staveley, Group Finance
Director
FTI Consulting: Tel: 020 3727 1000
Richard Sunderland
Claire Turvey
capreg@fticonsulting.com
Notes to editors:
About Capital & Regional plc
Capital & Regional is a UK focused retail property REIT
specialising in shopping centres that dominate their catchment,
serving the non-discretionary and value orientated needs of the
local communities. It has a strong track record of delivering value
enhancing retail and leisure asset management opportunities across
a c. GBP1 billion portfolio of in-town 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 seven shopping centres in Blackburn,
Hemel Hempstead, Ilford, Luton, Maidstone, Walthamstow and Wood
Green. It also has a 20% joint venture interest in the Kingfisher
Centre in Redditch. Capital & Regional manages these assets
through its in-house expert property and asset management
platform.
For further information see capreg.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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