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CSO - Capital Shopping Centres Group Plc - Broadmarsh, Nottingham

Release Date: 10/11/2011 07:20
Code(s): CSO
Wrap Text

CSO - Capital Shopping Centres Group Plc - Broadmarsh, Nottingham CAPITAL SHOPPING CENTRES GROUP PLC (Registration number UK3685527) ISIN Code: GB0006834344 JSE Code: CSO Issuer Code: CSCSCG BROADMARSH, NOTTINGHAM Capital Shopping Centres (CSC) has today conditionally agreed to acquire Westfield Group`s 75% interest in the Broadmarsh Shopping Centre in Nottingham for a consideration of GBP55 million payable in cash. Westfield and CSC are now in discussions with Westfield`s partner, PossFund, about the proposed acquisition and PossFund`s intentions with respect to its 25% interest in Broadmarsh. Further details about the transaction will be announced once these discussions have concluded. Susan Marsden Company Secretary 10 November 2011 Sponsor Merrill Lynch South Africa (Pty) Ltd Date: 10/11/2011 07:20:23 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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