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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Shaftesbury Capital Plc | LSE:SHC | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -2.70 | -1.97% | 134.70 | 134.90 | 135.20 | 138.10 | 134.90 | 137.00 | 4,223,788 | 16:35:11 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Real Estate Agents & Mgrs | 195.1M | 750.4M | 0.3842 | 3.51 | 2.64B |
From Apr 2019 to Apr 2024
TIDMCAPC
RNS Number : 2313W
Capital & Counties Properties Plc
09 December 2019
9 December 2019
CAPITAL & COUNTIES PROPERTIES PLC ("Capco" or the "Company")
CONVERSION TO A UK REAL ESTATE INVESTMENT TRUST ("REIT")
Following the announcement on 2 December 2019, Capco confirms that it has elected to join the UK REIT regime with effect from 9 December 2019. The Capco group will therefore no longer pay UK direct tax on profits and gains from qualifying rental business provided that certain conditions are met.
Information on the UK REIT regime can be found on the Company's website at the link below and a hard copy of the information is available from the Company on request. Further information will be provided to shareholders with the Company's Annual Report for the year ending 31 December 2019.
https://www.capitalandcounties.com/uk-real-estate-investment-trust-reit
Shareholders should seek independent tax advice if they are in any doubt of the implications of the REIT conversion on their tax position.
Enquiries:
Ruth Pavey
Company Secretary
Capital & Counties Properties PLC
Tel: + 44 (0) 20 3214 9170
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
December 09, 2019 07:30 ET (12:30 GMT)
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