Results of Scrip Dividend Election

Capital & Regional plc

03 June 2024

 

3 June 2024

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 a total of 8,089,516 ordinary shares of £0.10 each in the Company (the "scrip dividend shares") are to be issued pursuant to the election offered to shareholders to receive the final dividend for the year ended 30 December 2023 by way of the issue of new ordinary shares.  This represents approximately 3.0 per cent of the current issued share capital of the Company.  The scrip dividend shares will rank pari passu in all respects with the Company's existing issued ordinary shares.

An application will be made for the scrip dividend 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 (the "admission"). It is expected that admission will occur on Friday, 7 June 2024.

Following the issue of the scrip dividend shares, the total number of shares in issue and voting rights in Capital & Regional will be 232,996,247 with effect from Friday, 7 June 2024.  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.

Share certificates will be posted to certificated shareholders who elected to receive scrip dividend shares on Friday, 7 June 2024. The CREST, CSDP or broker accounts of dematerialised shareholders who elected to receive scrip dividend shares will be credited with scrip dividend shares on Friday, 7 June 2024.

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For further information:

Capital & Regional plc                      [phone]

Lawrence Hutchings

Stuart Wetherly

About Capital & Regional plc

Capital & Regional is a UK focused retail property REIT specialising in community shopping centres that dominate their local catchment, serving the non-discretionary and value orientated needs of the local communities. It has a track record of delivering value enhancing retail and leisure asset management opportunities across a portfolio of tailored in-town community shopping centres.

Using its expert property and asset management platform Capital & Regional owns and manages community shopping centres in Edinburgh, Hemel Hempstead, Ilford, Maidstone, Walthamstow and Wood Green.

Capital & Regional is listed on the main market of the London Stock Exchange (LSE) and has a secondary listing on the Johannesburg Stock Exchange (JSE).

For further information see www.capreg.com.

 

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