Capital & Regional confirmed completion of Growthpoint's subscription and announced that it has raised gross proceeds of approximately £77.9 million through the issue of 311,451,258 new ordinary shares in the company at a price of 25 pence per subscription share. As a result of completion of the subscription, Capital & Regional announced the appointment of Norbert Sasse and George Muchanya as Non-Executive Directors, both being representatives of Growthpoint, effective from Admission. In addition, Wessel Hamman stepped down from the Board as a Non-Executive Director with effect from Admission. Admission of the Subscription Shares to trading on the main board of the JSE occurred at 9.00am (South African time) on 9 December 2019.