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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Capital & Counties Properties Plc | LSE:CAPC | London | Ordinary Share | GB00B62G9D36 | ORD 25P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 131.30 | 130.80 | 131.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCAPC
RNS Number : 8516V
Capital & Counties Properties Plc
08 November 2017
08 November 2017
CAPITAL & COUNTIES PROPERTIES PLC ("Capco")
Response to press speculation
Capco notes the recent press speculation and confirms that it remains in discussions with the London Borough of Hammersmith & Fulham ("LBHF") to bring forward an enhanced masterplan for the Earls Court Opportunity Area.
An enhanced masterplan would seek to deliver an increased number of homes across all tenures throughout the wider Earls Court Opportunity Area, and could involve LBHF taking the lead on future plans for the West Kensington and Gibbs Green Estates (the "Estates").
In the event that an enhanced masterplan does not progress or agreement is not reached, the Conditional Land Sale Agreement (the "CLSA", a binding agreement in relation to the Estates) will remain in place.
Further announcements will be made in due course as appropriate.
-ENDS-
Enquiries
Capital & Counties Properties PLC:
+44 (0)20 3214 Ian Hawksworth Chief Executive 9188 +44 (0)20 3214 Situl Jobanputra Chief Financial Officer 9183 +44 (0)20 3214 Sarah Corbett Head of Investor Relations 9165
Media enquiries:
Group Director of Communications +44 (0)20 3214 Sarah Hagan & Marketing 9185 +44 (0)20 7353 UK: Tulchan Susanna Voyle 4200 +27 (0)11 447 SA: Instinctif Frederic Cornet 3030
Notes to Editors
About Capital & Counties Properties PLC (Capco):
Capital & Counties Properties PLC 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's landmark London estates at Covent Garden and Earls Court were valued at GBP3.5 billion as at 30 June 2017 (Group share). The company is listed on the London Stock Exchange and the Johannesburg Stock Exchange.
www.capitalandcounties.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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November 08, 2017 02:00 ET (07:00 GMT)
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