NewRiver REIT plc (LSE:NRR) made an preliminary expression of interest to acquire Capital & Regional Plc (LSE:CAL) from Growthpoint Properties Limited (JSE:GRT) and others on May 23, 2024. NewRiver has made a proposal to Growthpoint Properties which holds 68.1% of the issued share capital of Capital & Regional in regard to a possible offer in cash and shares for the entire issued, and to be issued, share capital of Capital & Regional. In accordance with Rule 2.6(a) of the Code, NewRiver was required, by no later than on 20 June 2024 (the "PUSU Deadline"), to either announce a firm intention to make an offer for Capital & Regional. AS of June 20, 2024, the revised PUSU Deadline is 18 July 2024, to either announce a firm intention to make an offer for Capital & Regional.

Numis Securities Limited and Stifel Nicolaus Europe Limited acted as financial advisors for Capital & Regional Plc. Kinmont Limited and Jefferies International Limited acted as financial advisors for NewRiver REIT plc.