Capital & Regional to list additional stocks during the merger by Investing.com
LONDON – Capital & Regional plc, a UK-based real estate investment trust (REIT), has announced an upcoming addition to its portfolio. London Stock Exchange (LON:). The company has applied for 1,404,542 Ordinary Shares to be admitted to the Official List of the UK Listing Authority, and trading is expected to start on December 2, 2024.
The new shares, each with a nominal value of 10p, will be issued in connection with the proposed combination of Capital & Regional and NewRiver REIT plc. This issuance is part of the fulfillment of awards under the Company’s Employee Share Ownership Trust, which is scheduled to grant court approval of the plan of the plan described in the shareholders’ circular dated October 21, 2024.
Upon acceptance of these additional shares, Capital & Regional’s total issued capital will increase to 234,400,789 common shares. The shares will be fully paid and will rank equally with existing ordinary shares in all respects.
Shareholders and investors should note that this figure will serve as the minimum number of figures required to determine whether they should disclose changes in their shareholdings in accordance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The International Securities Identification Number (ISIN) for Capital & Regional shares is GB00BL6XZ716. The company’s announcement is based on a press release and provides shareholders with the necessary information to comply with market regulations regarding disclosure of ownership.
This article was created with the support of AI and reviewed by an editor. For more information see our T&C.
