Results of Scrip Dividend Election

RNS Number : 2699X

Capital & Regional plc

24 April 2023

 

24 April 2023

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

UK company number 01399411

LSE share code: CAL 

ISIN: GB00BL6XZ716

LEI: 21380097W74N9OYF5Z25

RESULTS OF SCRIP DIVIDEND ELECTION

Capital & Regional announces that it has received elections to receive the final dividend for the year ended 30 December 2022 in the form of a Scrip Dividend from shareholdings totalling 107,320,423 ordinary shares.  This represents 63.4% of the total shares currently in issue.

The payment of the dividend and issue of shares pursuant to the Scrip Dividend is subject to approval at the annual general meeting ("AGM") of the Company that is scheduled to be held on Thursday, 25 May 2023.

The number of new shares to be issued in respect of the Scrip Dividend and the resulting total number of shares in issue will be announced following the AGM.  Subject to approval by shareholders at the AGM, the dividend is due to be paid on Friday, 2 June 2023.  Admission of the new shares is expected to occur on the same date.

For further information:

Capital & Regional plc  020 7932 8000

Lawrence Hutchings

Stuart Wetherly

FTI Consulting  020 3727 1000

Richard Sunderland 

Maria Saud

Katie Hughes

[e-mail]

About Capital & Regional plc

Capital & Regional is a UK focused specialist property REIT with a strong track record of delivering significant value enhancing retail and leisure asset management opportunities across its portfolio of in-town, dominant community shopping centres.

Capital & Regional owns and/or manages shopping centres in Hemel Hempstead, Ilford, Maidstone, Redditch, Walthamstow and Wood Green.  Capital & Regional manages these assets through its in-house expert property and asset management platform.

For further information see   www.capreg.com .

 

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