Source - RNS
RNS Number : 7296M
Capital & Regional plc
17 October 2016

17 October 2016

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 1,589,874 ordinary shares of 1 pence each in the Company ("scrip dividend shares"), being approximately 0.2 per cent of the current issued share capital of the Company, are to be issued pursuant to the election offered to shareholders to receive the interim dividend for the six months ended 30 June 2016 by way of the issue of new ordinary shares. 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 Thursday, 27 October 2016.


Following the issue of the scrip dividend shares, the total number of shares in issue and voting rights in Capital & Regional will be 702,342,500 with effect from Thursday, 27 October 2016.  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 Thursday, 27 October 2016. Similarly, the CREST, CSDP or broker accounts of dematerialised shareholders who elected to receive scrip dividend shares will be credited with scrip dividend shares on Thursday, 27 October 2016.



- ENDS -


For further information:

Capital & Regional:

Tel:  020 7932 8000

Hugh Scott-Barrett, Chief Executive

Charles Staveley, Group Finance Director

FTI Consulting:

Tel: 020 3727 1000

Richard Sunderland

Claire Turvey

[email protected]


Notes to editors:

About Capital & Regional plc

Capital & Regional is a UK focused specialist property REIT with a strong track record of delivering value enhancing retail and leisure asset management opportunities across a c. £1 billion portfolio of in-town dominant community shopping centres.  Capital & Regional is listed on the main market of the London Stock Exchange and has a secondary listing on the Johannesburg Stock Exchange.   


Capital & Regional owns seven shopping centres in Blackburn, Camberley, Hemel Hempstead, Luton, Maidstone, Walthamstow and Wood Green. It also has a 20% joint venture interest in the Kingfisher Centre in Redditch and a 50% joint venture in the Buttermarket Centre, Ipswich.  Capital & Regional manages these assets, which comprise over 950 retail units and attract over 1.7 million shopping visits each week, through its in-house expert property and asset management platform.


For further information see





This information is provided by RNS
The company news service from the London Stock Exchange