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CAPITAL & REGIONAL PLC - Issue of LTIP awards

Release Date: 19/04/2018 13:00
Code(s): CRP     PDF:  
Wrap Text
Issue of LTIP awards

CAPITAL & REGIONAL PLC
(Incorporated in the United Kingdom)
(UK company number 01399411)
LSE share code: CAL JSE share code: CRP
ISIN: GB0001741544
LEI: 21380097W74N9OYF5Z25
(“Capital & Regional” or “the Company”)


ISSUE OF LTIP AWARDS


Capital & Regional announces that Zedra Trust Company (Guernsey) Limited, the trustee of the Capital &
Regional plc Employee Ownership Trust 2002 (the “Trustee”) on 18 April 2018 granted the following share
awards of ordinary shares of £0.01 per share under The Capital & Regional plc 2008 Long Term Incentive
Plan (the “Plan”) to the following Directors of the Company:

Lawrence Hutchings 1,429,906
Charles Staveley   853,923

The exercise price for the awards granted is a maximum of £0.01 per share. Performance conditions measured
over a three year period will determine the extent to which the awards will vest. Further detail on the
performance conditions is provided on page 57 of the Company’s Annual Report and Accounts for the year
ended 30 December 2017. A holding period applies such that, in normal circumstances, awards must be held
for two years following the end of the performance period. Malus and clawback provisions apply.

19 April 2018


JSE sponsor
Java Capital

Notes to editors:
About Capital & Regional
Capital & Regional is a UK focused specialist property REIT with a strong track record of delivering value
enhancing retail and leisure asset management opportunities across a c. £1 billion portfolio of in-town
dominant community shopping centres. Capital & Regional is listed on the main market of the London Stock
Exchange and has a secondary listing on the Johannesburg Stock Exchange.

Capital & Regional owns seven shopping centres in Blackburn, Hemel Hempstead, Ilford, Luton, Maidstone,
Walthamstow and Wood Green. It also has a 20% joint venture interest in the Kingfisher Centre in Redditch.
Capital & Regional manages these assets, which comprise over 900 lettable units and attract c. 1.7 million
shopping visits each week, through its in-house expert property and asset management platform. For further
information see www.capreg.com.

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