10 October 2011
CAPITAL & REGIONAL PLC :
RETIREMENT OF NON-EXECUTIVE DIRECTOR
Capital & Regional plc announces that Paul Stobart will step down from the Board on 31 October 2011 when he will have completed almost nine years on the Board.
John Clare said:
"On behalf of the Board, I would like to thank Paul for his significant contribution as a Director of Capital and Regional for almost nine years. He has helped to steer the company through some very challenging times, and moves on at a time when it is well positioned for growth.
We all wish him well for the future."
Hugh Scott-Barrett said:
"I would like to thank Paul for his support since I took on the role of Chief Executive. His wise counsel has helped strengthen Capital & Regional's position as a growing specialist retail property company. I wish him every success in the future."
-ENDS-
For further information:
Capital & Regional:
Hugh Scott-Barrett, Chief Executive Tel: 0207 932 8121
Maitland:
Martin Leeburn Tel: 0207 397 5151
Emma Burdett Tel: 0207 397 5151