Capital & Regional Regulatory News (CAL)

2 May 2006 17:20

Capital & Regional plc02 May 2006 Capital & Regional plc - Directors' Interests Capital & Regional plc announces that the independent trustee of the Company'sLong Term Incentive Plan has on 28 April 2006 completed the purchase of sharesin the market for potential participants of the scheme. Following this purchase, the Company's remuneration committee has madeconditional awards as at 28 April 2006 at £11.15 per share in accordance withits Long Term Incentive Plan. The executive directors, together with otheremployees, are potential beneficiaries and are therefore treated as having aninterest. The number of shares conditionally awarded is 267,785, equivalent to 0.38% ofthe Company's share capital. The shares will vest in 2009 if the performanceconditions set out in the rules of the scheme are met. The maximum number of shares which could be received by each director is:Martin Barber (28,700), Xavier Pullen (24,484), Ken Ford (23,542), AndrewLewis-Pratt (23,542), William Sunnucks (18,834) and PY Gerbeau (23,542). Afurther 125,141 shares could be received by key executives who are not mainboard members. This information is provided by RNS The company news service from the London Stock Exchange