SENS: Capital & Counties – Board Changes Announcement

The Board of Capital & Counties Properties PLC is pleased to announce the appointment of Anthony Steains as a Non-executive Director of the Company with effect from 1 March 2016. On appointment, Anthony will become a member of the Nomination Committee.

It is also announced that Ian Henderson will retire from the Capco Board and as Deputy Chairman and Senior Independent Director at the Company’s forthcoming AGM on 6 May 2016, and will step down as Chairman of the Remuneration Committee with effect from 25 April 2016. The Board is pleased that Ian will remain available to the Company on a consultancy basis following his retirement from the Board, allowing the Company to continue to benefit from his extensive experience.

Following this, Gerry Murphy will be appointed as Chairman of the Remuneration Committee with effect from 25 April 2016, and Demetra Pinsent will join the Remuneration Committee on the same date. The role of Senior Independent Director will be taken up by Henry Staunton on Ian Henderson’s retirement.

Anthony Steains is the Chief Executive Officer of Comprador, a strategic corporate finance advisory firm based in Hong Kong, and has over 20 years of corporate finance experience. Prior to founding Comprador in 2015, Anthony was a Senior Managing Director and Head of Blackstone Advisory Partners in Asia, which he established in 2008. Prior to joining Blackstone, Anthony held senior positions in Asia at Lehman Brothers, Deutsche Bank and ING Barings. Anthony qualified as a Chartered Accountant in Australia with Coopers & Lybrand and holds a Bachelor of Laws from the University of London.

Ian Durant, Chairman of Capital & Counties Properties PLC, commented:

“I would like to thank Ian Henderson for his significant contribution to the Board since 2010, and for his support as Deputy Chairman and Senior Independent Director. We are delighted to welcome Anthony Steains to the Board of Capco. He brings corporate finance experience and a diverse and international perspective for the Board, and we look forward to working with him.”