Whittaker joins CSC board

John Whittaker, chairman of Peel Group, has been formally appointed as a non-executive director and deputy chairman of Capital Shopping Centres Group.

The appointment follows CSC's £1.6bn purchase of Peel's Trafford Centre. CSC issued £1.45bn of new shares on Friday and a £154m convertible bond in order to fund the purchase of the retail destination.

The deal sees Peel take a 23% stake in the company making it become CSC's largest shareholder.

CSC said in a statement: "Mr Whittaker does not currently hold any directorships of publicly quoted companies and has not held any such directorships in the past five years.

"The Blackburn Ice Arena Limited, a company of which Mr Whittaker was a director, was placed into compulsory liquidation on the application of a creditor in December 1993 and dissolved on 30 June 2007.

"Redcity Developments Limited, a company of which Mr Whittaker is a director, was placed into administration in July 2008 and moved from administration to creditors' voluntary liquidation in July 2009.

"Mr Whittaker has confirmed that there is no further information to be disclosed in accordance with Listing Rule 9.6.13."

Whittaker is expected to take on CSC's asset management strategy within his new role.

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