22 April
2024
UK company number
01399411
LSE share code:
CAL
ISIN: GB00BL6XZ716
LEI: 21380097W74N9OYF5Z25
CAPITAL & REGIONAL
PLC
("Capital & Regional" or
the "Company" or the "Group")
Appointment of Gerry Murphy
as Non-Executive Director
Capital & Regional,
the convenience and community focused shopping
centre REIT, announces the appointment of
Gerry Murphy as a Non-Executive Director, effective from
today. Gerry will join the Audit, Nominations and
Remuneration Committees.
Gerry will subsequently take over as
Audit Committee chairman from Ian Krieger, effective from the
Company's Annual General Meeting scheduled for 3 June 2024, at
which Ian will stand down from the Board, having served his full
nine-year term as an Independent Director of the
Company.
Gerry is currently a Non-Executive
Director of Currys PLC and was previously Senior Independent
Director of Capital & Counties Properties PLC. Gerry is also a
Non-Executive board member of the Department of Health and Social
Care, chairs its Audit and Risk Committee and is a co-opted member
of the NHS England Audit and Risk assurance committee. He is a
former Deloitte LLP partner and was a member of the Deloitte board
and chairman of its audit committee. Prior to that, Gerry was also
chairman of the Audit and Assurance Faculty of the Institute of
Chartered Accountants in England and Wales.
Commenting on Gerry's appointment,
David Hunter, Chairman of Capital & Regional, said:
"Gerry brings a wealth of retail,
property and financial experience from a
diverse range of real estate and related businesses which is
directly relevant to our strategy. His expertise will be invaluable
to the Company and its future growth ambitions, and the Board and I
very much look forward to working with him."
"On behalf of the Board, I would
also like to thank Ian who has been a highly supportive and
insightful board member during a period of significant change for
the Company."
No further information is required to be
disclosed pursuant to LR 9.6.13 R.
- ENDS -
For further
information:
Capital & Regional plc
020 7932 8000
Lawrence Hutchings
Stuart Wetherly
FTI
Consulting
020 3727
1000
Richard
Sunderland
Oliver Parsons
capreg@fticonsulting.com
About Capital & Regional
plc
Capital & Regional is a UK
focused retail property REIT specialising in community shopping
centres that dominate their local catchment, serving the
non-discretionary and value orientated needs of the local
communities. It has a track record of delivering value enhancing
retail and leisure asset management opportunities across a
portfolio of tailored in-town community shopping
centres.
Using its expert property and asset
management platform Capital & Regional owns and manages
community shopping centres in Edinburgh, Hemel Hempstead, Ilford,
Maidstone, Walthamstow and Wood Green.
Capital & Regional is listed on
the main market of the London Stock Exchange (LSE) and has a
secondary listing on the Johannesburg Stock Exchange
(JSE).
For further information
see www.capreg.com.