REG - Vp PLC - Appointment of Non-Executive Director

VPAnnouncement

30/01/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250130:nRSd1993Va&default-theme=true

RNS Number : 1993V  Vp PLC  30 January 2025

      30 January 2025

 
Vp plc

('Vp', the 'Group' or the 'Company')

 

Appointment of Non-Executive Director

 

Vp plc, the equipment rental specialist, announces the appointment of Richard
Smith as a Non-Executive Director to the Board of the Company with effect from
1 February 2025.

 

Richard Smith will succeed Phil White who, after over ten years with the
Group, advised of his intention to retire and step down from the Board on 30
June 2025, as stated in Vp's Interim Results announced in November 2024.

 

To ensure an orderly transition, Richard will be appointed prior to Phil's
retirement and will then succeed Phil's membership of Vp's Remuneration, Audit
and Nomination Committees on 1 July 2025.

 

Richard Smith biography

 

Richard is an experienced FTSE100 Chief Executive.

 

Between 2016 and 2023, he led Unite Group plc, the UK's largest owner, manager
and developer of purpose-built student accommodation having originally joined
the business in 2010. During his tenure as CEO, Richard drove substantial
growth at Unite which led to it entering the FTSE 100 Index in 2022. Richard
remained with Unite in an advisory capacity until early October 2024.

 

Prior to his time at Unite, Richard was at National Express Group plc in a
number of roles, including Chief Financial Officer for North America and Group
Development Director. Richard began his career at British Rail where he held a
number of finance and operational roles.

 

From 2020 to 2023, Richard was a Non-Executive Director of Industrials REIT
plc, a leading real estate investment trust specialising in UK Multi-Let
Industrial property.

 

Richard is currently Chair of Southampton Solent University, a role which has
allowed to him to continue his personal focus on education and the welfare of
students.

 

Jeremy Pilkington, Chairman of Vp plc, said:

 

"I am very pleased to welcome Richard to the Board. He brings considerable
experience to Vp and we look forward to working with him to maintain the
Company's robust stewardship."

 

This announcement is made pursuant to Listing Rule 6.4.6R. No other
information is required to be disclosed pursuant to Listing Rule 6.4.8R in
relation to Richard's appointment.

 

- Ends -

 

 

For further information:

 Vp plc
 Anna Bielby, Chief Executive               Tel: +44 (0) 1423 533 400
 Keith Winstanley, Chief Financial Officer  www.vpplc.com (http://www.vpplc.com)

 

 Media enquiries:
 Sodali & Co
 Justin Griffiths / Nick Johnson / Amy Gibson  Tel:  +44 (0) 2039 840 163
                                               vp@client.sodali.com (mailto:vp@client.sodali.com)

 

 

Notes to Editors

Vp plc is a specialist equipment rental business providing equipment, people,
services and support for specialist projects. It focuses on niche sectors
principally in the Infrastructure, Construction, Housebuilding and Energy
markets in the UK and overseas. Businesses include: Groundforce, TPA, Torrent
Trackside, Brandon Hire Station, ESS, MEP Hire, CPH, UK Forks, Airpac Rentals
and Tech Rentals.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOASEDEEUEISEEF