| Thu 3 Jun 2010, 14:55 | | CCO - Capital & Counties Properties PLC - Appointment of non-executive director |
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JSE CCO
CCO
CCO - Capital & Counties Properties PLC - Appointment of non-executive director
and audit committee chairman
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
CAPITAL & COUNTIES PROPERTIES PLC
3 June 2010
APPOINTMENT OF NON-EXECUTIVE DIRECTOR AND AUDIT COMMITTEE CHAIRMAN
The Board of Directors of Capital & Counties Properties PLC is pleased to
announce the appointment of Henry Staunton as Non-Executive Director, effective
2 June 2010.
In accordance with the intention set out in the Company`s Prospectus dated 12
March 2010, Henry Staunton will also be appointed as Chairman of the Audit
Committee, effective 1 July 2010, at which point Ian Durant will step down from
that committee.
Henry Staunton was a Partner of Price Waterhouse in London for 12 years to 1993
when he was appointed Finance Director of Granada Group plc. He was Finance
Director of Granada Media plc upon its IPO in 2000, and ITV plc until 2006. He
is an experienced Non-Executive Director whose current appointments include
Legal & General Group Plc and Merchants Trust PLC.
Ian Durant, Chairman of Capital & Counties Properties PLC, commented:
"Henry Staunton brings a wealth of experience to Capital & Counties. As a former
audit firm Partner, a highly regarded Finance Director in the media, hotels and
leisure sectors and an experienced Non-Executive Director we welcome him and
look forward to his contribution to the board and to his role as Chair of the
Audit Committee."
ENDS
For corporate enquiries please contact:
Ruth Pavey, Company Secretary, Capital & Counties Properties PLC
T: +44 (0)20 7887 7085
Wendy Baker, Hudson Sandler (UK)
T: +44 (0)20 7796 4133
Nicholas Williams, College Hill (South Africa)
T: +27 (0)114473030
Notes to Editors
About Capital & Counties Properties PLC
CAPITAL & COUNTIES PROPERTIES PLC is one of the largest companies that
specialises in central London real estate and is a constituent of the FTSE-250
Index. CAPITAL & COUNTIES PROPERTIES PLC holds 3.5 million square feet of assets
valued at GBP1.2 billion (as at 31 December 2009) in three landmark London
estates: Covent Garden London, which has assets valued at GBP548 million,
including the historic Market Building; Earls Court & Olympia Group and 50% of
the Empress State building in Earls Court amounting to aggregate property assets
of GBP434 million; and the Great Capital Partnership, a joint venture with Great
Portland Estates, which holds a further GBP247 million of assets in London`s
West End. The company demerged from Liberty International PLC (now Capital
Shopping Centres Group PLC) in May 2010, and is listed on the London Stock
Exchange and the JSE, Johannesburg.
Sponsor:
Merrill Lynch South Africa (Pty) Limited
Date: 03/06/2010 14:55:02 Produced by the JSE SENS Department.
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