REG - Workspace Grp PLC - Directorate change

WorkspaceAnnouncement

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RNS Number : 3329P  Workspace Group PLC  19 January 2026

19 January 2026

WORKSPACE GROUP PLC

DIRECTORATE CHANGE

NEW CEO APPOINTED TO ACCELERATE EXECUTION OF STRATEGY

Workspace Group PLC ('Workspace'), London's leading owner and operator of
sustainable, flexible workspace, announces that Lawrence Hutchings is today
stepping down as Chief Executive Officer and as a Board Director. Workspace
also announces that Charlie Green will join as Chief Executive Officer on 2
February 2026.

Charlie Green is an experienced Chief Executive and was Co-Founder of The
Office Group ('TOG', now Fora), which he grew over two decades into a leading
flexible workspace business, with more than 70 locations across the UK. He led
the company through multiple investment cycles, including Blackstone's
majority acquisition in 2017, and played a central role in establishing TOG's
reputation for customer-focused, design-led, sustainable workplaces.

Further to the announcement made on 18 December 2025, Tom Edwards-Moss will
join Workspace as CFO Designate on 23 February 2026. Outgoing CFO Dave Benson
will remain to ensure a smooth handover until 30 April 2026.

The Company will be providing its Q3 business update on 21 January 2026.
Trading over the quarter has been in line with management expectations.

Duncan Owen, Chair, Workspace, commented:

"On behalf of the Board, I would like to thank Lawrence for his contribution
since joining Workspace and we wish him all the best for the future. He has
led the team in defining and launching the Fix, Accelerate and Scale strategy
which is delivering positive results. The Board remains committed to this
strategy and is confident the right foundations have been laid to rebuild
operational performance.

We are delighted to welcome Charlie Green as our new Chief Executive. His deep
expertise in growth strategies and operational performance ideally positions
him to accelerate the execution of our existing strategy. We look forward to
working with him as he leads Workspace into its next chapter, with a continued
focus on generating income growth, rebuilding occupancy and delivering
shareholder returns."

Lawrence Hutchings commented:

"It has been a privilege to lead Workspace during this pivotal chapter, and I
am proud of what we have all achieved together. We have laid a strong
foundation for future growth and I have no doubt the business will go from
strength to strength as the strategy is implemented."

Charlie Green, CEO Designate, commented:

"I am hugely excited about the opportunity to lead Workspace, a business that
I know well and have long admired. Workspace has an outstanding portfolio of
characterful buildings and a customer proposition that is highly relevant in
today's market. Working alongside a strong and well-regarded team, I have
every confidence that the business has an exciting future ahead of it. The
strategy in place is clear and provides the right platform to rebuild
occupancy and drive income growth over time."

This announcement has been made pursuant to Listing Rule 6.4.6 and 6.4.7.
There is no further information relating to Charlie Green which is to be
disclosed under Listing Rule 6.8.8.

The terms of Lawrence Hutchings' departure will be disclosed in accordance
with section 430(2B) of the Companies Act 2006 in due course.

- ENDS -

For further information, please contact:

Workspace Group PLC

Paul Hewlett, Director of Strategy & Corporate
Development                   020 7138 3300

Clare Marland, Head of Corporate
Communications

FGS Global

Chris Ryall / Guy Lamming
                                     020 7251 3801

The person responsible for arranging release of this announcement is Carmelina
Carfora, Company Secretary.

 

Notes to Editors

About Workspace Group PLC:

Workspace is London's leading owner and operator of flexible workspace,
currently managing 4 million sq. ft. of sustainable space at 59 locations in
London and the South East.

We are home to some 4,000 of London's fastest growing and established brands
from a diverse range of sectors. Our purpose, to give businesses the freedom
to grow, is based on the belief that in the right space, teams can achieve
more. That in environments they tailor themselves, free from constraint and
compromise, teams are best able to collaborate, build their culture and
realise their potential.

We have a unique combination of a highly effective and scalable operating
platform, a portfolio of distinctive properties, and an ownership model that
allows us to offer true flexibility. We provide customers with blank canvas
space to create a home for their business, alongside leases that give them the
freedom to easily scale up and down within our well-connected, extensive
portfolio.

We are inherently sustainable - we invest across the capital, breathing new
life into old buildings and creating hubs of economic activity that help
flatten London's working map. We work closely with our local communities to
ensure we make a positive and lasting environmental and social impact,
creating value over the long term.

Workspace was established in 1987, has been listed on the London Stock
Exchange since 1993, 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, visit www.workspace.co.uk

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