CCO - Capital & Counties Properties Plc - First day of dealings for Capital &
JSE
CCO
CCO - Capital & Counties Properties Plc - First day of dealings for Capital &
Counties Properties Plc
Capital & Counties Properties PLC
(Incorporated and registered in the United Kingdom and Wales with Registration
Number 07145041 and registered in South Africa as an external company with
Registration Number 2010/003387/10)
JSE code: CCO
ISIN: GB00B62G9D36
10 May 2010
FIRST DAY OF DEALINGS FOR CAPITAL & COUNTIES PROPERTIES PLC
The Directors of Capital & Counties Properties PLC (`Capital & Counties` or `the
Company`) are pleased to announce that the ordinary shares of the Company have
today commenced trading on the London Stock Exchange and the main board of the
JSE Limited, following the Company`s demerger from Liberty International PLC1.
There will be 621,828,502 shares in issue.
Capital & Counties is one of the largest listed central London focussed
investment and development companies, with 81 investment properties located
mainly in west London and the West End. The portfolio includes three unique
landmark estates in Covent Garden, Earls Court & Olympia and the Great Capital
Partnership. As at 31st December 2009, the Company`s assets in London were
valued at GBP1,240 million
The central London focus positions Capital & Counties to deliver superior total
returns for shareholders by taking advantage of rising portfolio values in the
Capital, which has continued to demonstrate growing numbers of visitors and a
stronger level of consumer spending than the rest of the UK, throughout the
recession. The Company`s focus has enabled it to significantly outperform the
IPD (Investment Property Databank) over the last three years.
1 The Capital & Counties Ordinary Shares began trading on the LSE on a "when
issued" basis at 8.00 a.m. on Monday 10 May 2010 under LSE code CAPC. Dealings
in the Capital & Counties Ordinary Shares on the LSE on Monday 10 May 2010 and
Tuesday 11 May 2010 will settle on Monday 17 May 2010. The Capital & Counties
Ordinary Shares began trading on the JSE at 8.00 a.m. on Monday 10 May 2010
under JSE code CCO.
Sponsor
NM Rothschild & Sons (South Africa) (Proprietary) Limited
Enquiries:
CAPITAL & COUNTIES PROPERTIES PLC:
Ian Hawksworth Chief Executive +44 (0)20 7887 7041
Soumen Das Finance Director +44 (0)20 7887 7041
Public Relations UK
Michael Sandler Hudson Sandler +44 (0)20 7796 4133
Wendy Baker Hudson Sandler +44 (0)20 7796 4133
Public Relations South Africa
Nicholas Williams College Hill +27 (0)114473030
Date: 10/05/2010 09:05:04 Produced by the JSE SENS Department.
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