Director Shareholding

RNS Number : 1807R

Capital & Regional plc

19 September 2017

 

19 September 2017

CAPITAL & REGIONAL PLC ("Capital & Regional" or "the Company")

UK company number 01399411

LSE share code: CAL             

ISIN: GB0001741544

LEI: 21380097W74N9OYF5Z25

DIRECTOR SHAREHOLDING

On 18 September 2017 the Company received notification that Mstead Ltd had entered into an arrangement on 18 September 2017 to pledge a further 54,978,847 of its ordinary shares in the Company ("Shares") as security in respect of an external investment arrangement.  Having previously, as announced on 28 November 2016, pledged 15,000,000 Shares, this now results in the entirety of Mstead Ltd's shareholding of 69,978,847 Shares, representing 9.790% of the Company's issued share capital, being subject to the arrangement. The shareholding is maintained on the London Stock Exchange. 

Louis Norval, a Non-Executive Director of the Company, has a beneficial interest in Mstead Ltd.  In total the beneficial interest of Louis Norval and his family members in the Company remains unchanged at 137,122,854 Shares, representing 19.184% of the Company's issued share capital. 

This notification is made in accordance with the requirements of the EU Market Abuse Regulation.

ENDS

For further information:

Capital & Regional:	Tel:  [phone]
Lawrence Hutchings, Chief Executive
Charles Staveley, Group Finance Director

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. £1 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.

 

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