Directorate Change

RNS Number : 1944Z

Capital & Regional plc

16 September 2009

 

16 September 2009

BOARD APPOINTMENT

CAPITAL & REGIONAL APPOINTS NEW NON-EXECUTIVE DIRECTOR

Capital & Regional plc, the co-investing property asset manager, announces that Louis Norval has been appointed as a Non-Executive Director with effect from 15 September. 

Louis was educated at Lyttelton Hoërskool, Centurion, where he graduated in B.Sc (QS) (with distinction) from the University of Pretoria (1979). Louis was a founding member and senior partner of Norval Wentzel Steinberg Quantity Surveyors and director of Baker Street Associates Holdings (Pty) Ltd. Louis is a co-founder and Chief Executive of Attfund Limited, one of the largest private property investment companies in South Africa. Louis is a director of JSE listed Sycom Property Fund and Managing Director of Parkdev Asset Managers. He represented South Africa in golf and is a past chairman of Pretoria Country Club.

In accordance with paragraph 9.6.13 (2 -6) of the Listing Rules, Louis Norval has advised that he has no details to disclose except for paragraph 9.6.13 (1) as set out below:

Sycom Property Fund Managers Limited ( Sycom Property Fund)

Stenham European Shopping Centre Fund IC

Tom Chandos, Chairman, said:

"I am delighted to welcome Louis to the Board and believe that his deep experience of retail property will be of great value as Capital & Regional begins once again to focus on growth now that the capital raising has been successfully completed."

  ENDS

For further information:

Capital & Regional

Hugh Scott-Barrett    Tel: [phone]

Maitland

Martin Leeburn / Emma Burdett     Tel: [phone]

 

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