Platform HG Financing PLC Strategy/Company/Ops Update (7574Y)

TIDM17YE

RNS Number : 7574Y

Platform HG Financing PLC

11 September 2020

Platform HG Financing Plc

11 September 2020

Platform Housing Group Completes Board Recruitment

Platform Housing Group, the largest housing association in the Midlands, has successfully completed the recruitment of three new Board members.

The Group had a number of long-standing Board members when it was formed in October 2018. In the last two years a process has been underway to both replace retiring members and identify where additional skills were required in order to successfully deliver the new post-merger strategy.

The new Chair, John Weguelin (former CEO of Zenith Bank), was appointed in July 2020. More recently three new members, Anthony King (former Group Treasurer of the Sanctuary Group), John Anderson (former Regional Chair of the Berkeley Group) and Luciano Zonato (current Interim Programme Director - Customer & Viewer Service Transformation at ITV) have been appointed, bringing with them substantial experience in Treasury, Housing Development and Customer Service. The appointments will strengthen the Board and represent the last recruitments targeted to help deliver the strategy.

Elizabeth Froude, Platform Housing's Group Chief Executive, said "We are delighted to have concluded this final phase of a very focussed recruitment campaign, to bring on board specific expertise aligned with the deliverables of our corporate strategy. These members in combination with those recruited earlier in the year will significantly strengthen the Board and help ensure strong and knowledgeable governance as we move forward. We look forward to working together to ensure that Platform can help alleviate the Midlands housing shortage and provide enhanced life prospects for more local people in the coming years."

Platform Housing is the largest housing association in the Midlands and one of the largest in the country, owning over 45,000 homes. Over the last 2 years, it has built more social and affordable homes in England than any other social housing provider and is a strategic partner for Homes England.

For further information, please contact:

Ben Colyer, Assistant Finance Director (Corporate Finance and Treasury)

Telephone number: 07918 160990

Email: investors@platformhg.com

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