Response to press speculation

RNS Number : 9449E

Capital & Counties Properties Plc

09 November 2015

 

9 November 2015

CAPITAL & COUNTIES PROPERTIES PLC

Press Speculation

Capital & Counties Properties PLC ("Capco") notes the recent press speculation with regards to its Venues business.

Following the successful transition of shows from the former Earls Court Exhibition Centres and a major refurbishment programme, Capco confirms that it is conducting a strategic review which may or may not lead to a sale of its Venues business.

Any further announcements will be made as appropriate.

-ENDS-

Enquiries

Capital & Counties Properties PLC:

Sarah Hagan, Director of Communications and Marketing              [phone]

Michelle McGrath, Director of Investor Relations                             [phone]

Public Relations:

UK: Tulchan, Andrew Grant, Martha Walsh                                     [phone]

SA: Instinctif, Frederic Cornet                                                           [phone]

Notes to Editors

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 £3.4 billion (as at 30 June 2015): Covent Garden, which has assets valued at £1.8 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 £1.6 billion. The company is listed on the London Stock Exchange and the Johannesburg Stock Exchange.

www.capitalandcounties.com

 

END

 

 

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