REG-Custodian REIT plc Custodian REIT plc : Appointment of Non-Executive Director

Custodian Property Income ReitAnnouncement

01/06/2022 15:45

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   Custodian REIT plc (CREI)
   Custodian REIT plc : Appointment of Non-Executive Director

   01-Jun-2022 / 15:32 GMT/BST
   Dissemination of a Regulatory Announcement that contains inside
   information according to REGULATION (EU) No 596/2014 (MAR), transmitted by
   EQS Group.
   The issuer is solely responsible for the content of this announcement.

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                                                                  1 June 2022

    

                               Custodian REIT plc

                                        

                      ("Custodian REIT" or “the Company")

                                        

                     Appointment of Non-Executive Director

    

   Custodian REIT (LSE: CREI), the UK property investment company, is pleased
   to announce the  appointment of  a Non-Executive Director  of the  Company
   with effect from 6 June 2022.

    

   Malcolm Cooper has been  appointed as independent  Director and will  join
   the Company’s Audit and Risk,  Nominations and ESG Committees.  The  Board
   anticipates Malcolm’s appointment as Chair of the Audit and Risk Committee
   with effect  from 1  September 2022  following Matthew  Thorne’s  expected
   retirement at  the 31  August 2022  AGM as  he enters  his ninth  year  in
   office.

    

   Malcolm is  a qualified  accountant and  an experienced  FTSE 250  company
   Audit Committee Chair  with an extensive  background in corporate  finance
   and a wide experience in infrastructure and property. 

    

   Malcolm worked  with  Arthur  Andersen and  British  Gas/BG  Group/Lattice
   before spending 15 years with National Grid with roles including  Managing
   Director of National Grid Property  and Global Tax and Treasury  Director,
   and culminated in  the successful  sale of  a majority  stake in  National
   Grid’s gas distribution business, now known as Cadent Gas.

    

   Malcolm is currently a Non-Executive Director of Morgan Sindall Group plc,
   a FTSE 250 UK construction  and regeneration business, Chairing its  Audit
   and Responsible  Business  Committees.   He  is  also  Senior  Independent
   Director of MORhomes plc, Non-Executive Director and Audit Committee Chair
   at Southern Water  Services Limited and  Non-Executive Director and  Audit
   and Risk Committee Chair at Local Pensions Partnership Investment.

    

   Malcolm was  previously Senior  Independent Director  and Audit  Committee
   chair at CLS Holdings  plc, a Non-Executive Director  of St William  Homes
   LLP, President of the Association of Corporate Treasurers and a member  of
   the Financial Conduct Authority’s Listing Authority Advisory Panel.

    

   Commenting on the appointment, David  Hunter, Chairman of Custodian  REIT,
   said:

    

   "I  am  delighted  to  welcome  Malcolm  to  the  Board  as  Non-Executive
   Director.  He brings  a range of  different but complementary  experiences
   which strengthen the Board’s finance, property and governance experience. 
   We look forward to working with him."

    

   Malcolm’s other roles are not considered to impact his ability to allocate
   sufficient  time  to  the   Company  to  discharge  his   responsibilities
   effectively.

    

   In accordance  with the  Listing Rules,  there is  no further  information
   required to be disclosed pursuant to LR9.6.11R and LR9.6.13R.

    

                                     -Ends-

    

   For further information, please contact:

    

   Custodian Capital Limited                                                 
   Richard Shepherd-Cross / Ed Moore / Ian Mattioli  Tel: +44 (0)116 240 8740
   MBE
                                                   1 www.custodiancapital.com
                                                      

    

   Numis Securities Limited                             
   Hugh Jonathan / Nathan Brown Tel: +44 (0)20 7260 1000
                                       www.numiscorp.com

    

   Notes to Editors

    

   Custodian REIT plc is a UK  real estate investment trust, which listed  on
   the main  market of  the London  Stock  Exchange on  26 March  2014.   Its
   portfolio comprises properties  predominantly let  to institutional  grade
   tenants on long leases throughout the UK and is principally  characterised
   by  properties  with  individual  values  of  less  than  £10  million  at
   acquisition. 

    

   The Company  offers  investors the  opportunity  to access  a  diversified
   portfolio of UK commercial  real estate through  a closed-ended fund.   By
   targeting sub  £10  million lot  size,  regional properties,  the  Company
   intends to provide investors with an  attractive level of income with  the
   potential for capital growth. 

    

   Custodian Capital Limited is the  discretionary investment manager of  the
   Company. 

    

   For    more     information     visit      2 www.custodianreit.com     and
    3 www.custodiancapital.com. 

    

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   ISIN:           GB00BJFLFT45
   Category Code:  MSCH
   TIDM:           CREI
   LEI Code:       2138001BOD1J5XK1CX76
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   165610
   EQS News ID:    1366533


    
   End of Announcement EQS News Service

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