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CAPITAL & COUNTIES PROPERTIES PLC - Evolution Of Executive Directors Responsibilities

Release Date: 26/02/2015 12:30
Code(s): CCO     PDF:  
Wrap Text
Evolution Of Executive Directors’ Responsibilities

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”)

26 February 2015


                  EVOLUTION OF EXECUTIVE DIRECTORS’ RESPONSIBILITIES


As noted in today’s 2014 Annual Results press release, Capital & Counties Properties PLC (“Capco”)
announces changes to the responsibilities of the Investment Director and Finance Director.

Both Directors will continue to report to Ian Hawksworth, who leads Capco as Chief Executive.

Gary Yardley will become Managing Director & Chief Investment Officer assuming Board-level
oversight for the investment performance of Earls Court, Olympia, major acquisitions across the
company and new business.

Soumen Das will become Managing Director & Chief Financial Officer, assuming Board-level
oversight for the investment performance of Covent Garden.

These changes will become effective on 1 March 2015.

                                                -Ends-

Enquiries
Capital & Counties Properties PLC:
Ruth Pavey                         Company Secretary                  +44 (0)20 3214 9150



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 are valued at £3.0 billion (as at 31 December 2014): Covent
Garden, which has assets valued at £1.6 billion including the historic Market Building; and Earls Court
Properties including the Empress State Building together with the Venues business with aggregate
property assets of £1.4 billion. The company is listed on the London Stock Exchange and the
Johannesburg Stock Exchange.

www.capitalandcounties.com

Sponsor:
Merrill Lynch South Africa (Pty) Limited

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