REG - Watkin Jones plc - Board Appointments

Watkin JonesAnnouncement

10/10/2022 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221010:nRSJ2573Ca&default-theme=true

RNS Number : 2573C  Watkin Jones plc  10 October 2022

 For immediate release  10 October 2022

 

 

Watkin Jones plc

 ('Watkin Jones' or the 'Company')

 

Board appointments

 

Watkin Jones plc (AIM:WJG) is pleased to announce the appointments to the
Board of Alex Pease as executive director and Francis Salway as non-executive
director, both with effect from 10 October 2022.

 

Alex Pease joined Watkin Jones in 2010 and was part of the team responsible
for managing the flotation of the Company on the AIM market in 2016.  In his
role as Chief Investment Officer, Alex is responsible for the Group's property
acquisition, planning and divestment activities.  He is also a member of the
Executive Committee. Prior to Watkin Jones, Alex worked within the Savills
Residential Investment Team.

 

Francis Salway brings a wealth of property expertise to the Board.  He was
Chief Executive of Land Securities plc, then the country's largest commercial
property company, between 2004 and 2012, having joined the board in 2001.
 Francis is currently a non-executive director of Cadogan Group Limited,
which owns and manages the Cadogan Estate in Chelsea.  He is also a Visiting
Professor in Practice at the London School of Economics.

 

Francis was chair of Town and Country Housing Association from 2012, and
following its merger with Peabody Housing Association in 2019, became a
non-executive director of that organisation until 2021. He was a non-executive
director of NEXT plc from 2010 to 2021, latterly as Senior Independent
Director, a past President of the British Property Federation and former Chair
of the Transport for London Property Advisory Group.

 

On joining the Board, Francis will become a member of the Audit, Remuneration
and Nomination Committees.

 

Alan Giddins, Chair of Watkin Jones, commented:

 

"I am delighted to welcome Alex and Francis to the Board of Watkin Jones.
 Alex has a long tenure with the Company and as a key member of the executive
team has helped to transform Watkin Jones from a family-owned business into a
public company.  Francis has extensive board and property experience. Both
will add considerable value to the Board."

 

- Ends -

 

For further information:

 Watkin Jones plc
 Richard Simpson, Chief Executive Officer  Tel: +44 (0) 20 3617 4453

 Sarah Sergeant, Chief Financial Officer

 Peel Hunt LLP (Nominated Adviser & Joint Corporate Broker)                  Tel: +44 (0) 20 7418 8900
 Mike Bell / Ed Allsopp                                                      www.peelhunt.com (http://www.peelhunt.com/)

 Jefferies Hoare Govett (Joint Corporate Broker)                             Tel: +44 (0) 20 7029 8000
 Max Jones / James Umbers                                                    www.jefferies.com (http://www.jefferies.com/)

Media enquiries:

 Buchanan
 Henry Harrison-Topham / Steph Whitmore  Tel: +44 (0) 20 7466 5000

 watkinjones@buchanan.uk.com             www.buchanan.uk.com

 

 

Disclosures required by Schedule 2(g) of the AIM Rules for Companies:

 

Alexander Thomas Pease, aged 43, holds or has previously held the following
directorships in the last five years:

 

 Current appointments                                 Appointments held within the last five years
 Anderson Wharf (Student) Limited                     None
 Battersea Park Road London Limited
 Bridle Path Watford Ltd
 Bridge Road Bath Limited
 Conington Road Lewisham Limited
 Crown Place Woking Limited
 Customhouse Student Limited
 Dalby Avenue Bedminster Limited
 Duncan House Developments Limited
 Ellen Street Hove Limited
 Elliott Road Selly Oak Limited
 Fairleague Limited
 Freshers PBSH Chester (General Partner) Limited
 Gas Lane Bristol Limited
 Gladstone Road Exeter Limited
 Goldcharm Residential Limited
 Gorgie Road Edinburgh Limited
 Grove Crescent Stratford Limited
 The Hale Tottenham Limited
 Headrow House Leeds Limited
 High Street Swansea Limited
 Holdenhurst Road Bournemouth Limited
 India Street Glasgow Limited
 Iona Street Edinburgh Limited
 Lower Bristol Road Bath Limited
 LPS Nottingham Limited
 Malago Road Bristol Limited
 Northop Road Flint Limited
 Onega Centre Bath Limited
 Randalls Road Leatherhead Limited
 Sherlock Street Birmingham Limited
 TG Southall Limited
 Walnut Tree Close Guildford Limited
 Watkin Jones & Son Limited
 Wilmslow Road Manchester Limited

 

Francis William Salway, aged 65, holds or has previously held the following
directorships in the last five years:

 

 Current appointments                Appointments held within the last five years
 Cadogan Group Holdings Limited      Monson Homes Limited
 Cadogan Group Limited               NEXT plc
 Cadogan Hotels Group Limited        The London Community Foundation

 

There is no other information that is required to be disclosed pursuant to
Schedule 2 paragraph (g) or Rule 17 of the AIM Rules for Companies in respect
of Alex Pease or Francis Salway.

 

Notes to Editors

 

Watkin Jones is the UK's leading developer and manager of residential for
rent, with a focus on the build to rent, student accommodation and affordable
housing sectors. The Group has strong relationships with institutional
investors, and a reputation for successful, on-time-delivery of high quality
developments.  Since 1999, Watkin Jones has delivered 46,000 student beds
across 136 sites, making it a key player and leader in the UK purpose-built
student accommodation market, and is increasingly expanding its operations
into the build to rent sector.  In addition, Fresh, the Group's specialist
accommodation management business, manages over 22,000 student beds and build
to rent apartments on behalf of its institutional clients.  Watkin Jones has
also been responsible for over 80 residential developments, ranging from
starter homes to executive housing and apartments.

 

The Group's competitive advantage lies in its experienced management team and
capital-light business model, which enables it to offer an end-to-end solution
for investors, delivered entirely in-house with minimal reliance on third
parties, across the entire life cycle of an asset.

 

Watkin Jones was admitted to trading on AIM in March 2016 with the ticker
WJG.L.  For additional information please visit www.watkinjonesplc.com
(http://www.watkinjonesplc.com/)

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  BOAFLFFTILLAIIF