6th Mar 2012 16:09
6 March 2012
CAPITAL SHOPPING CENTRES GROUP PLC
PRICING OF SECONDARY OFFERING OF 4.06 MILLION SHARES IN EQUITY ONE, INC.
Further to its announcement of this morning, Capital Shopping Centres Group PLC (CSC) now announces the pricing of the sale by one of its subsidiaries of 4,060,606 shares of the common stock of Equity One, Inc. by public secondary offering. Gross proceeds amount to approximately $76.9 million before deducting offering expenses. CSC is not selling, and the underwriter is not offering, approximately 11.4 million shares of Equity One common stock underlying CSC's interests in Equity One's CapCo joint venture.
The last reported sale price of Equity One common stock as reported on the New York Stock Exchange on 5 March 2012 was $19.33 per share. Please see attached press release issued by Equity One for further detail.
To view the press release issued by Equity One, please paste the following URL into the address bar of your browser:
http://www.rns-pdf.londonstockexchange.com/rns/8044Y_1-2012-3-6.pdf
ENQUIRIES:
Capital Shopping Centres Group PLC | ||
Susan Marsden | Company Secretary | +44 (0)20 7887 7073 |
Press | ||
UK | Michael Sandler/Wendy Baker, Hudson Sandler | +44 (0)20 7796 4133 |
SA | Morné Reinders, College Hill | +27 (0)11 447 3030 |
NOTES TO EDITORS:
Capital Shopping Centres is the leading specialist UK regional shopping centre REIT
We own and operate 14 of the very best shopping centres, in the strongest locations right across the country - that's more than any other operator.
With over 16 million sq ft of retail space and a valuation of £7 billion, our shopping centres attract 320 million customer visits a year. Every single one of the UK's top 20 retailers are in our shopping centres, alongside some of the world's most iconic global brands. Our five major out-of-town centres and nine in-town destinations include ten of the UK's top 25 shopping centres. Our out-of-town centres include The Trafford Centre, Lakeside, Metrocentre, Braehead, and The Mall at Cribbs Causeway, and our in-town prime destinations include Cardiff, Manchester, Newcastle, Norwich, Nottingham, Bromley, Uxbridge, Watford and Stoke-on-Trent. This means that two thirds of the UK's population are within a 45 minute drive from one of our centres.
In November 2011, we acquired Broadmarsh shopping centre in Nottingham bringing our portfolio to 15 centres.
We are a responsible and environmentally conscious participant in the communities where we invest.
For further information see www.capital-shopping-centres.co.uk |
Related Shares:
INTU.L