Capital & Regional plc Results of Scrip dividend election (7350T)
17 October 2017 - 5:00PM
UK Regulatory
TIDMCAL
RNS Number : 7350T
Capital & Regional plc
17 October 2017
17 October 2017
Capital & Regional plc
("Capital & Regional" or the "Company" or "Group")
Results of Scrip dividend election
Capital & Regional is pleased to announce that a total of
3,498,025 ordinary shares of 1 pence each in the Company ("scrip
dividend shares") are to be issued pursuant to the election offered
to shareholders to receive the interim dividend for the six months
ended 30 June 2017 by way of the issue of new ordinary shares. This
represents approximately 0.5 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 ("admission"). It is expected that
admission will occur on 26 October 2017.
Following the issue of the scrip dividend shares, the total
number of shares in issue and voting rights in Capital &
Regional will be 718,275,760 with effect from 26 October 2017. 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 26 October 2017.
The CREST, CSDP or broker accounts of dematerialised shareholders
who elected to receive scrip dividend shares will be credited with
scrip dividend shares on 26 October 2017.
- ENDS -
For further information:
Capital & Regional plc 020 7932 8000
Lawrence Hutchings
Charles Staveley
FTI Consulting 020 3727 1000
Richard Sunderland
Claire Turvey
capreg@fticonsulting.com
About Capital & Regional plc
Capital & Regional is a UK focused specialist property REIT
with a strong track record of delivering significant value
enhancing retail and leisure asset management opportunities across
its c. GBP1 billion portfolio of in-town, dominant community
shopping centres.
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
through its in-house expert property and asset management
platform.
For further information see capreg.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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