Speakers from Touchstone Exploration, Shanta Gold, Savannah Resources and Kavango Resources feature in our Natural Resources webinar on May 25th. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCapital & Counties Share News (CAPC)

Share Price Information for Capital & Counties (CAPC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 170.50
Bid: 169.40
Ask: 170.50
Change: 0.40 (0.24%)
Spread: 1.10 (0.65%)
Open: 171.60
High: 171.60
Low: 170.50
Yest. Close: 170.10
CAPC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

Capital & Counties Says Second Tranche Of Shaftesbury Buy Approved

Mon, 10th Aug 2020 14:50

(Alliance News) - Capital & Counties Properties PLC on Monday said shareholders have approved the acquisition of the second tranche of shares in Shaftesbury PLC.

In May, the London-focused property investor agreed to purchase a 26% stake across two tranches in Shaftesbury - a real estate company focused on London's west-end entertainment district.

The first tranche of a 21% stake completed in June.

At the general meeting on Monday, Capital & Counties' shareholders approved the acquisition of the second tranche which comprises 16.3 million shares. The vote saw 72% of shareholders vote in favour of the purchase while 28% were opposed.

The acquisition of the second tranche is expected to complete on Thursday.

Shares in Capital & Counties were trading 1.1% lower at 135.30 pence each while Shaftesbury shares were trading 1.0% lower at 536.00p each.

Financial markets were closed in Johannesburg on Monday, with CapCo last closing at ZAR31.24 each.

By Ife Taiwo; ifetaiwo@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News

IN BRIEF: Capital & Counties notes 21% vote against AGM vote

IN BRIEF: Capital & Counties notes 21% vote against AGM vote

11 May 21 16:45

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

4 May 21 15:50

BROKER RATINGS: JPMorgan ups LondonMetric Property to Overweight

BROKER RATINGS: JPMorgan ups LondonMetric Property to Overweight

20 Apr 21 09:26

LIVE MARKETS-The Covent Garden re-opening party

* European shares down 0.1%, below record peak* EDF rallies on 10 bln euro buyout report* U.S. futures flat* Deliveroo up 2.5% as retail investors join tradingApril 7 - Welcome to the home for real-time coverage of markets brought to you by Reuters ...

7 Apr 21 13:52

Capital & Counties property value falls amid Covid-19

(Sharecast News) - Real estate investment trust Capital & Counties said on Tuesday that the total value of its properties had decreased in 2020 but stated it was "well-positioned" to benefit from recovery over time.

9 Mar 21 10:28

Capital & Counties leaves shareholder pockets bare amid cost prudency

Capital & Counties leaves shareholder pockets bare amid cost prudency

9 Mar 21 09:04

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

2 Mar 21 16:01

BROKER RATINGS: Jefferies Upgrades Workspace And Shaftesbury To Buy

BROKER RATINGS: Jefferies Upgrades Workspace And Shaftesbury To Buy

17 Feb 21 09:30

FTSE 250 movers: National Express, Capital&Counties wanted

(Sharecast News) - London's second-tier index was edging higher again on Thursday, buoyed by cautious confidence that the UK was on the path to bringing the pandemic under control and reopening its economy.

4 Feb 21 15:21

Value of Capital & Counties' Covent Garden estate falls amid Covid-19

(Sharecast News) - Property investment and development company Capital & Counties said on Tuesday that the value of its Covent Garden estate had fallen more than a quarter in 2020 as a result of the Covid-19 pandemic and its impact on the retail sector.

2 Feb 21 08:47

Capital & Counties Continues Rent Collection For 2021 To Date

Capital & Counties Continues Rent Collection For 2021 To Date

2 Feb 21 08:05

UK BROKER RATINGS SUMMARY: Exane BNP Upgrades RELX To Neutral

UK BROKER RATINGS SUMMARY: Exane BNP Upgrades RELX To Neutral

19 Jan 21 09:38

UK BROKER RATINGS SUMMARY: JPMorgan Raises Derwent, Cuts Shaftesbury

UK BROKER RATINGS SUMMARY: JPMorgan Raises Derwent, Cuts Shaftesbury

15 Jan 21 09:38

UK BROKER RATINGS SUMMARY: Citi Upgrades National Grid And 3i Group

UK BROKER RATINGS SUMMARY: Citi Upgrades National Grid And 3i Group

9 Dec 20 09:50

Capital & Counties Receives GBP105 Million From Earls Court Sale

Capital & Counties Receives GBP105 Million From Earls Court Sale

30 Nov 20 10:16

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.