REG - Watkin Jones plc - Board changes

Watkin JonesAnnouncement

31/03/2022 07:16

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220331:nRSe6772Ga&default-theme=true

RNS Number : 6772G  Watkin Jones plc  31 March 2022

 For immediate release  31 March 2022

 

 

Watkin Jones plc

('Watkin Jones' or the 'Group')

 

Board changes

 

Watkin Jones plc (AIM:WJG) is pleased to announce the appointment of Rachel
Addison as a non-executive director with effect from 1 April 2022.  On
joining the Board, Rachel will become a member of the Audit, Remuneration and
Nomination Committees.

 

Rachel was Chief Financial Officer of Future plc, the listed global platform
business for specialist media, until 2021.  Prior to this, she was Chief
Financial Officer of TI Media Limited and held various senior financial,
operational and board-level roles at Trinity Mirror (now Reach) Regionals,
Local World Limited, Northcliffe Media Limited and Boots the Chemist where she
was Head of Risk Management.  Rachel qualified as a chartered accountant at
Arthur Anderson.

 

Rachel is a non-executive director of Marlowe plc, the business-critical
services and software provider, Hyve Group plc, an in-person and digital
international B2B events business, and Mango Publishing Group, an independent
book publisher.  She is chair of the Audit Committee at Marlowe plc and chair
of the Remuneration Committee at Hyve Group plc.

 

Simon Laffin has indicated his desire to retire from the Board and it is
envisaged that he will step down on 1 August 2022.  Upon his retirement,
Rachel will take up the role of Chair of the Audit Committee.

 

Alan Giddins, Chair of Watkin Jones, commented:

 

"On behalf of the Board I am delighted to welcome Rachel to Watkin Jones.
 Rachel has strong financial, operational management and Board experience,
and I believe this will add considerable value to the Group.

 

"I would also like to thank Simon for his huge contribution to the success of
Watkin Jones.  Simon joined the Board at the time of the IPO in 2016 and has
been instrumental in enhancing the Group's governance framework following its
transition to a public company."

 

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:

 

Rachel Bernadette Addison Horsley, aged 51, holds or has previously held the
following directorships in the last five years:

 

 Current appointments         Appointments held within the last five years
 Addison Horsley Limited      Ascent Publishing Limited
 Hyve Group PLC               Barcroft Media Limited
 Mango Publishing Group       Barcroft Productions Limited
 Marlowe PLC                  Barcroft Studios Limited
                              Broadleaf Bidco Limited
                              Broadleaf Holdco Limited
                              Broadleaf Midco Limited
                              Broadleaf Newco 2 Limited
                              Business Energy Online Limited
                              C. Arthur Pearson Limited
                              CHAT Publications Limited
                              Collection and Litigation Services International Limited
                              Collective Europe Ltd
                              Country Life Limited
                              Dennis Interactive Limited
                              Dennis Publishing Limited
                              Energylinx for Business Limited
                              Energylinx for Business Trading Limited
                              Energylinx Limited
                              Euphoria Holdings Limited
                              European Magazines Limited
                              Evarn Limited
                              Ex TRL Limited
                              First Post Newsgroup IPR Limited
                              Future Holdings 2002 Limited
                              Future plc
                              Future Publishing (Overseas) Limited
                              Future Publishing Holdings Limited
                              Future Publishing Limited
                              Future UK Finance Limited
                              Future US Inc.
                              George Newnes Limited
                              GIO Compario Limited
                              Go Compare Limited
                              Goco Group Limited
                              Goco Limited
                              Gocompare.com Finance Limited
                              Gocompare.com Limited
                              I Feel Good (Holdings) Limited
                              Independent Television Books Limited
                              Independent Television Publications Limited
                              International Craft & Hobby Fair Limited
                              IPC Holdings Limited
                              IPC Magazines (Overseas) Limited
                              Look after my bills Ltd
                              Magazine Publishing Company Ltd (The)
                              Magazine Publishing Holdings Limited (The)
                              Mareve Limited
                              Marketforce (U.K.) Limited
                              Mousebreaker Limited
                              Mozo Pty. Ltd
                              New Music Limited
                              New Musical Express Limited
                              Newbay Media Europe Limited
                              Newbay Media UK Holdco Limited
                              Odhams Press Limited
                              Options Magazine Limited
                              Persuasion Limited
                              Portrait Magazine Limited
                              Sapphire Bidco Limited
                              Sapphire Holdco Limited
                              Sapphire Midco Limited
                              Sapphire Topco Limited
                              Sarracenia Limited
                              The Essentials Publishing Company Limited
                              The Global Voucher Group Limited
                              The Week Limited
                              The Yachting Monthly Limited
                              This is the Big Deal Limited
                              Three PM Limited
                              TI Media Limited
                              Time Inc. (UK) Property Investments Limited
                              UK Cycling Events Limited
                              W.H.& L.Collingridge Limited

 

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 Rachel Addison.

 

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  BOAJMMLTMTBJBLT