REG - Workspace Grp PLC - Chairman Succession

WorkspaceAnnouncement

28/02/2023 07:00

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RNS Number : 2089R  Workspace Group PLC  28 February 2023

 

WORKSPACE(®) GROUP PLC

Chairman Succession

Workspace Group PLC (the "Company" or "Workspace") today announces future
changes to the membership of its Board.

Workspace announces that, after serving nine years on the Board, its Chair,
Stephen Hubbard, will step down with effect from 6 July 2023 and Duncan Owen
will succeed him as Chair of the Board and Chair of the Company's Nominations
Committee from that date. Duncan joined the Board as a Non-Executive Director
on 22 July 2021, with his appointment forming part of the Company's long term
succession planning.

Stephen joined the Board as a Non-Executive Director in July 2014 and has held
the role of Chairman since 9 July 2020.

Duncan has over 30 years' experience in the real estate sector. He has served
as the CEO of both public and private companies and his roles have included
the Global Head of Real Estate at Schroders plc, and the CEO of Immobel
Capital Partners, a pan-European specialist 'Green' real estate investor in
the office and residential sectors. Until recently, Duncan was on the Board of
Governors for the Church Commissioners and Chaired its Property Investment
Committee.

Graham Clemett, Chief Executive Officer of Workspace, commented:

"On behalf of the Board and everyone at Workspace I would like to thank
Stephen for the insight and support he has provided over the last nine years.
Stephen has made a hugely important contribution to the growth of Workspace
and our successful navigation of the challenges during the Covid-19 pandemic.
I am pleased the Board has identified an excellent successor in Duncan, and I
look forward to working closely with him over the coming years as we continue
to deliver on the Company's exciting growth opportunities."

Stephen Hubbard, Chairman of Workspace, commented:

"I have very much enjoyed being on the Workspace Board for the last nine
years. When I took over as Chair three years ago, one of my objectives was to
strengthen the Board and plan for my succession. In this regard, I am
delighted that this has been successful with Duncan taking over the Chairman
role."

This disclosure has been made pursuant to Listing Rule 9.6.11. There is no
further information which is to be disclosed under Listing Rule 9.6.13.

 

-ENDS-

 

 

For media and investor enquiries, please contact:

 

Workspace Group
PLC

Paul Hewlett, Director of Strategy and Corporate Development

Carmelina Carfora, Company Secretary
                                       020
7138 3300

 

FGS Global

Chris
Ryall
0207 073 6247

Guy Lamming

 

 
 

Notes to Editors

 

About Workspace Group PLC:

 

Established in 1987, and listed on the London Stock Exchange since 1993, we
are home to thousands of businesses, including fast growing and established
brands across a wide range of sectors.

Workspace is geared towards helping businesses perform at their very best. We
provide inspiring, flexible work spaces in dynamic London locations.

 

Workspace (WKP) is a FTSE 250 listed Real Estate Investment Trust (REIT) and a
member of the European Public Real Estate Association (EPRA).

 

Workspace® is a registered trademark of Workspace Group Plc, London, UK.

 

LEI: 2138003GUZRFIN3UT430

 

For more information on Workspace, please visit www.workspace.co.uk
(http://www.workspace.co.uk/)

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