Capital & Regional PLC has announced the issuance of 8,089,516 ordinary shares as scrip dividend shares, representing approximately 3.0 per cent of the current issued share capital of the Company. These shares will rank pari passu with the existing issued ordinary shares. An application for the scrip dividend shares to be admitted to the Premium Segment of the Official List of the United Kingdom Listing Authority and to be listed on the Johannesburg Stock Exchange is underway, with expected admission on Friday, 7 June 2024.
Following the issuance, the total number of shares in issue and voting rights in Capital & Regional will be 232,996,247 with effect from Friday, 7 June 2024. Share certificates will be posted to certificated shareholders who elected to receive scrip dividend shares on the same day, while dematerialized shareholders will have their CREST, CSDP, or broker accounts credited with scrip dividend shares.
Capital & Regional is a UK-focused retail property REIT specializing in community shopping centers. The company owns and manages community shopping centers in Edinburgh, Hemel Hempstead, Ilford, Maidstone, Walthamstow, and Wood Green. It is listed on the main market of the London Stock Exchange and has a secondary listing on the Johannesburg Stock Exchange.
For further information, shareholders can contact Capital & Regional plc at +44 (0)20 7932 8000.