Response to press speculation

RNS Number : 0451F

Capital & Counties Properties Plc

15 February 2018

 

PRESS RELEASE

15 February 2018

CAPITAL & COUNTIES PROPERTIES PLC ("Capco")

Response to press speculation

Capco notes recent press speculation and confirms that it is in discussions with The Mayor's Office for Policing and Crime ("MOPAC") in relation to its occupational requirements at the Empress State Building ("ESB").

Options under consideration include a lease extension and the acquisition by MOPAC of the freehold interest in the building.

At this stage there is no certainty that any transaction will be agreed. Further announcements will be made in due course as appropriate.

-ENDS-

Enquiries

Capital & Counties Properties PLC:

Ian Hawksworth	Chief Executive	[phone]
Situl Jobanputra	Chief Financial Officer	[phone]
Sarah Corbett	Head of Investor Relations	[phone]

Media enquiries:

UK: Tulchan	Susanna Voyle	[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 at Covent Garden and Earls Court were valued at £3.5 billion as at 30 June 2017 (Group share). The company is listed on the London Stock Exchange and the Johannesburg Stock Exchange.

www.capitalandcounties.com

 

END

 

 

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