- Capital & Counties Properties said that Gary Yardley, Managing Director & Chief Investment Officer, would step down at the end of June.

The roles would not currently be directly replaced on the board, and the company's Earls Court investments would be led by Mike Hood, Group Development Director as preparations advance for a possible demerger, the company said.

Mr Hood, who joined the Company in 2011, had operational responsibility for Earls Court, including the development management activities of the ventures with TfL, KFI and Network Rail, and successfully delivered a number of significant projects including Lillie Square.

At 8:10am: [LON:CAPC] Capital Counties Properties PLC share price was -1.75p at 217.25p

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