Director/PDMR Shareholding

RNS Number : 3015R

Capital & Regional plc

13 June 2018

 

13 June 2018

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

UK company number 01399411

LSE share code: CAL             

ISIN: GB0001741544

LEI: 21380097W74N9OYF5Z25

DIRECTOR SHAREHOLDINGS

Exdiem Trust

On 13 June 2018 the Company received notification that Exdiem Trust sold 614,498 shares in the Company on the Johannesburg Stock Exchange.  The shares were sold between 6 and 8 June 2018 at an average price of ZAR 9.02 per share, equivalent to approximately 51.1 pence per share based on an exchange rate of 17.67 ZAR to 1 GBP at 13 June 2018.

Exdiem Trust is a connected party of Louis Norval, a Non-Executive Director of the Company, although he does not have a beneficial interest in the entity.

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 specialist retail REIT with a strong track record of delivering value enhancing retail and leisure asset management opportunities across a c. £1 billion portfolio of in-town dominant community 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, which comprise over 900 lettable units and attract c. 1.7 million shopping visits each week, through its in-house expert property and asset management platform. 

For further information see www.capreg.com.                            

 

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