Source - Alliance News

Capital & Regional PLC - London-based real estate investment trust - Appoints Gerry Murphy as a non-executive director, with immediate effect. Murphy is currently a non-executive director of Currys PLC and was previously senior independent director of Capital & Counties Properties PLC, which became Shaftesbury Capital PLC in March last year after a merger between Capital & Counties Properties and Shaftesbury PLC. He is the former partner at Deloitte LLP.

‘Gerry brings a wealth of retail, property and financial experience from a diverse range of real estate and related businesses which is directly relevant to our strategy. His expertise will be invaluable to the company and its future growth ambitions, and the board and I very much look forward to working with him,’ Capital & Regional Chair David Hunter says.

Current stock price in London: 51.91 pence, up 3.8% on Monday morning

12-month change: down 6.2%

Current stock price in Johannesburg: R 12.15

12-month change: up 25%

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