Capital & Regional plc Directorate Change (8038R)
March 05 2019 - 2:02AM
UK Regulatory
TIDMCAL
RNS Number : 8038R
Capital & Regional plc
05 March 2019
5 March 2019
CAPITAL & REGIONAL PLC ("Capital & Regional" or "the
Company")
UK company number 01399411
LSE share code: CAL
ISIN: GB0001741544
LEI: 21380097W74N9OYF5Z25
Directorate change
Further to the announcement dated 6 August 2018, Capital &
Regional, the UK focused REIT with a portfolio of dominant in-town
community shopping centres, announces that, following a search
process undertaken by the Board, Stuart Wetherly, current acting
Group Finance Director, has been permanently appointed to the
position of Executive Director and Group Finance Director,
effective 11 March 2019. He will also continue to undertake the
duties of Company Secretary.
Previously Director of Operational Finance and Reporting &
Company Secretary, Stuart has been in senior finance roles in
Capital & Regional since joining the Company in November 2012.
During his career prior to Capital & Regional, he was a
director in Deloitte LLP's audit practice for six years, acting for
clients including a number of international FTSE 250 companies, and
also held finance roles at Johnson Matthey PLC.
Stuart is ACA qualified and holds a BSc (Joint Hons) from
University College London University.
Hugh Scott-Barrett, Chairman at Capital & Regional, said:
"Having spent much of his career at Capital & Regional, Stuart
is more than qualified for this role and is deeply familiar with
our operations and strategy. He is uniquely placed to help the
Board and management carry the Company forward and we are pleased
to be able to formalise his role."
Note: This announcement is made pursuant to Listing Rule 9.6.11.
In accordance with Listing Rule 9.6.13R, Capital & Regional
confirms that there is no information to be disclosed in terms of
LR 9.6.13R (1) to LR 9.6.13R (6) inclusive in respect of this
appointment.
- ENDS -
For further information:
Capital & Regional: Tel: 020 7932 8000
Lawrence Hutchings, Chief Executive
FTI Consulting: Tel: 020 3727 1000
Richard Sunderland
Claire Turvey
capreg@fticonsulting.com
About Capital & Regional plc
Capital & Regional is a UK focused specialist property REIT
with a strong track record of delivering significant value
enhancing retail and leisure asset management opportunities across
its c. GBP1 billion portfolio of in-town, dominant community
shopping centres.
Capital & Regional owns seven shopping centres in Blackburn,
Hemel Hempstead, Ilford, Luton, Maidstone, Walthamstow and Wood
Green. Capital & Regional manages these assets through its
in-house expert property and asset management platform.
For further information see www.capreg.com.
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END
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