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IN BRIEF: Capital & Regional leaves LSE, to exit JSE before year-end

11th Dec 2024 10:02

Capital & Regional PLC - London-based real estate investment trust focused on community shopping centres -Delists from the London Stock Exchange, with effect from Wednesday. The cancellation of shares on the LSE come after NewRiver REIT PLC formally acquired Capital & Regional on Friday last week following a court sanction. In September, Capital & Regional accepted the offer from NewRiver, valuing Capital & Regional at GBP147 million. Capital & Regional will delist from the Johannesburg Stock Exchange on December 27.

Current NewRiver stock price in London: 78.40p, down 1.0%

12-month change: down 5.5%

By Artwell Dlamini, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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