Directorate Change

RNS Number : 1856F

Capital & Counties Properties Plc

26 July 2016

 

26 July 2016

CAPITAL & COUNTIES PROPERTIES PLC

RESIGNATION OF SOUMEN DAS

Capital & Counties Properties PLC ("Capco") announces that Soumen Das, Managing Director & Chief Financial Officer, has informed the Board of his resignation to take up the position of Chief Financial Officer at SEGRO plc.

Soumen will remain at Capco until an orderly transition has been completed.  As the effective date of his resignation is not yet confirmed, this will be announced separately. The Board has commenced a process to appoint his successor. 

Ian Hawksworth, Chief Executive of Capco commented:

"I would like to thank Soumen for his valuable contribution to Capco.  During his six years here Soumen has played a key role in transforming Capco into one of the largest central London property companies.  We wish him well in his new role."

There is no further information to be disclosed pursuant to Listing Rules 9.6.11 and 9.6.12.

ENDS

Corporate enquiries:

Ian Hawksworth	Chief Executive Officer	[phone]
Leigh McCaveny	Acting Company Secretary	[phone]
Michelle McGrath	Director of Investor Relations	[phone]

Media enquiries:

Sarah Hagan	Director of Communications & Marketing	[phone]
UK: Tulchan Communications LLP	Susanna Voyle	[phone]
SA: Instinctif Partners	Frederic Cornet	[phone]

About Capital & Counties Properties PLC (Capco):

Capital & Counties Properties PLC is one of the largest investment and development property companies that specialises in central London real estate and is a constituent of the FTSE-250 Index. Capco's landmark London estates are valued at £3.6 billion (as at 30 June 2016): Covent Garden, which has assets valued at £2.1 billion including the historic Market Building; and Earls Court Properties including the Empress State Building together with the Venues business with aggregate property assets of £1.5 billion. The company is listed on the London Stock Exchange and the Johannesburg Stock Exchange.

www.capitalandcounties.com

 

END

 

 

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