Capital & Regional plc Results of Scrip Dividend Election (1604Q)
17 June 2020 - 7:00PM
UK Regulatory
TIDMCAL
RNS Number : 1604Q
Capital & Regional plc
17 June 2020
17 June 2020
CAPITAL & REGIONAL PLC ("Capital & Regional" or "the
Company")
UK company number 01399411
LSE share code: CAL
ISIN: GB00BL6XZ716
LEI: 21380097W74N9OYF5Z25
Results of Scrip dividend election
Capital & Regional is pleased to announce that a total of
7,935,601 ordinary shares of GBP0.10 each in the Company (the
"scrip dividend shares") are to be issued pursuant to the election
offered to shareholders to receive the final dividend for the year
ended 30 December 2019 by way of the issue of new ordinary shares.
This represents approximately 7.6 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 (the "admission"). It is expected
that admission will occur on Wednesday, 24 June 2020.
Following the issue of the scrip dividend shares, the total
number of shares in issue and voting rights in Capital &
Regional will be 111,819,626 with effect from Wednesday, 24 June
2020. 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 Wednesday, 24 June
2020. The CREST, CSDP or broker accounts of dematerialised
shareholders who elected to receive scrip dividend shares will be
credited with scrip dividend shares on Wednesday, 24 June 2020.
For further information:
Capital & Regional
Lawrence Hutchings, Chief Executive
Officer
Stuart Wetherly, Group Finance
Director + 44 (0) 20 7932 8000
FTI Consulting
Richard Sunderland
Methuselah Tanyanyiwa
Claire Turvey
capreg@fticonsulting.com + 44 (0) 20 3727 1000
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 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. Capital & Regional manages these assets through its
in-house expert property and asset management platform.
For further information see www.capreg.com .
This information is provided by RNS, the news service of the
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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