REG - Capital & Regional - Results of Scrip Dividend Election

Capital & RegionalAnnouncement

13/09/2023 07:15

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RNS Number : 2210M  Capital & Regional plc  13 September 2023

13 September 2023

 

CAPITAL & REGIONAL PLC ("Capital & Regional" or "the Company")

UK company number 01399411

LSE share code: CAL

ISIN: GB0001741544

LEI: 21380097W74N9OYF5Z25

 

RESULTS OF SCRIP DIVIDEND ELECTION

 

Capital & Regional announces that a total of 5,082,996 ordinary shares of
£0.10 each in the Company (the "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 2023 by way of the issue of new
ordinary shares.  This represents approximately 2.3 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 Friday, 22 September
2023.

 

Following the issue of the scrip dividend shares, the total number of shares
in issue and voting rights in Capital & Regional will be 224,906,731 with
effect from Friday, 22 September 2023.  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 Friday, 22 September 2023. The CREST, CSDP
or broker accounts of dematerialised shareholders who elected to receive scrip
dividend shares will be credited with scrip dividend shares on Friday, 22
September 2023.

 

 

- ENDS -

 

For further information:

Capital & Regional plc                  020 7932 8000

Lawrence Hutchings

Stuart Wetherly

 

About Capital & Regional plc

 

Capital & Regional is a UK focused retail property REIT specialising in
shopping centres that dominate their catchment, serving the non-discretionary
and value orientated needs of the local communities. It has a track record of
delivering value enhancing retail and leisure asset management opportunities
across a portfolio of tailored in-town community shopping centres.

 

Using its expert property and asset management platform Capital & Regional
owns and manages shopping centres in Edinburgh, Hemel Hempstead, Ilford,
Maidstone, Walthamstow and Wood Green.

 

Capital & Regional is listed on the main market of the London Stock
Exchange (LSE) and has a secondary listing on the Johannesburg Stock Exchange
(JSE).

 

For further information see www.capreg.com (http://www.capreg.com/) .

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