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Well, good morning, everybody. Thanks for coming on this very hot day. Delighted to see you all here, and welcome to everybody who's on the telephone. We're obviously here to present our interim results presentation. But first, I'd just like to talk about the agenda.
We're going to start with the update on the Board's considerations in relation to the structure of the group. We're then going to turn to the financial review. Situl will do the financial review itself. I'll report on Covent Garden. And Mike Hood, our newly appointed Managing Director for Earls Court, will take you through Earls Court itself. We'll then finish with questions.
So the Board and the company's advisers have been considering the structure of the group to ensure we're positioned to deliver long-term value for our shareholders. Today, therefore, Capco is announcing its intention to launch Covent Garden as a high-quality Central London-focused REIT and EC Properties as a land enablement and development company.
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