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Capital & Regional Directors Agree To Cut Salaries To Help Communities

29th Apr 2020 17:05

(Alliance News) - Capital & Regional PLC on Wednesday said its board of directors has agreed to take a voluntary 20% reduction in salary or fees for the months of April, May and June.

The property assets manager said the funds saved will be used to support its employees and communities most financially impacted by Covid-19.

Capital & Regional shares closed flat in London on Wednesday at 105.00 pence each, while in Johannesburg the shares ended the day up 0.8% at ZAR23.50 each.

By Evelina Grecenko; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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