| Tue 27 Mar 2012, 15:30 | | CCO - Capital & Counties Properties Plc - Appointment of Non-Executive Director |
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CCO
CCO - Capital & Counties Properties Plc - Appointment of Non-Executive Director
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 (THE "COMPANY")
CAPITAL & COUNTIES PROPERTIES PLC ("Capco" or the "Company")
APPOINTMENT OF NON-EXECUTIVE DIRECTOR
The Board of Capital & Counties Properties PLC is pleased to announce the
appointment of Demetra Pinsent as a Non-executive Director of the Company with
effect from 1 May 2012. Demetra will also be appointed to the Nomination and
Corporate Responsibility Committees with effect from the same date.
A former partner of McKinsey & Co and leader of McKinsey`s European Apparel,
Fashion and Luxury Goods Practice for the past five years, Demetra has
counselled leading high street, aspirational and luxury retailers and brands.
Her work has covered a wide range of strategic, operational and organisational
issues, including helping retailers optimise their property portfolios. In
addition to her focus on retail, she has also advised on a number of bids for
international sporting events, focusing on their legacy and sponsorship
strategies, and also on the regeneration of communities through investment in
public places. Outside of McKinsey, Demetra has acted as an adviser to emerging
British luxury businesses.
Ian Durant, Chairman of Capital & Counties Properties PLC, commented:
"I am delighted that Lady Pinsent will be joining the Board of Capco. Her
extensive luxury retail experience and understanding of brand creation, the
realisation of retail destinations and business strategy will be of considerable
benefit to the Company".
ENDS
For corporate enquiries please contact:
Ian Durant, Chairman, Capital & Counties Properties PLC
Tel: +44 (0)20 3214 9193
Michael Sandler/ Wendy Baker, Hudson Sandler (UK)
Tel: +44 (0)20 7796 4133
Nicholas Williams/ Nicholas Williams/Morne Reinders, College Hill (South Africa)
Tel: +27 (0)11 447 3030
About Capital & Counties Properties PLC (Capco)
CAPCO is one of the largest investment and development property companies that
specialises in central London real estate and is a constituent of the FTSE-250
Index. CAPCO holds 3.2 million square feet of assets valued at GBP1.6 billion
(31 December 2011) in three landmark London estates: Covent Garden, which has
assets valued at GBP808 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 GBP574 million; and the Great Capital
Partnership, a joint venture with Great Portland Estates, which holds prime West
End properties of which Capco`s share is GBP241 million. The company is listed
on the London Stock Exchange and the JSE, Johannesburg.
Sponsor
Merrill Lynch South Africa (Pty) Ltd
27 March 2012
Date: 27/03/2012 15:30:01 Produced by the JSE SENS Department.
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