Cape plc

[8] It transferred from a full listing to the Alternative Investment Market in 2002 in a bid to cut costs[9] and it reached a settlement in 2003 to pay £7.5 million to 7,500 claimants from South Africa who had been seeking compensation over many years for asbestos-related health problems.[13] In June 2011 it was transferred back to a full listing from the Alternative Investment Market and was restructured in such a way that it was ultimately Jersey-registered.[15] In 2023, MPs and asbestos victim campaigners in the UK called on Cape to provide a £10m donation towards mesothelioma research.This is due to documents[16] released after a long running court battle showing Cape "provided misleading reassurance about the dangers of asbestos".[17] Labour MP Ian Lavery, chair of the all-party parliamentary group (APPG) on occupational safety and health, and the group’s other members, said: "Knowing the links between the products made by your company, the role of Cape in knowingly putting more people in danger, and the devastating consequences, we appeal to your company to make this donation.
West DraytonMiddlesexTimothy EggarChairmanOperating incomeNet incomeasbestosOrange Free StateLondonBarkingHebden Bridgegas maskblue asbestosSecond World WarCharter Consolidated plcUK company lawAdams v Cape Industries plcseparate legal personalitylimited liabilityChandler v Cape plcAlternative Investment MarketSouth AfricaAustraliaJerseymesotheliomaIan Lavery20th Century Press Archives