Countryside Properties PLC Statement re Appointment of Interim CFO (8682O)

TIDMCSP

RNS Number : 8682O

Countryside Properties PLC

13 October 2021

Countryside Properties PLC

Appointment of Interim CFO

Countryside Properties PLC (the "Company" or the "Group") announced on 29 June 2021 that Mike Scott, Group Chief Financial Officer ("CFO"), had resigned in order to take up the role of Chief Financial Officer at Barratt Developments PLC. The Board has agreed that Mike's last day of service with the Company will be 30 November 2021. Tom Wright, Countryside's current Group Financial Controller and an experienced member of the Countryside financial team for 6 years, will assume the role of Interim CFO until a successor is selected.

The Group's preliminary financial results for the year ended 30 September 2021 will now be announced at 07.00 GMT on 30 November 2021 to align with the planned Capital Markets Event later on the same day.

Enquiries:

Countryside Properties PLC

Victoria Prior, Managing Director, Corporate Affairs

+44 (0) 1277 260 000

Brunswick Group LLP

Nina Coad / Robin Wrench

+44 (0) 20 7404 5959

Note to editors:

Countryside is the market leader in the delivery of high quality mixed-tenure communities in partnership with housing associations, public bodies and institutional private rental operators, with a strong focus on placemaking and regeneration.

Countryside's differentiated Partnerships business model:

-- Mixed tenure developments, including affordable homes, homes for institutional private rental and homes for private sale.

-- Over 40 years track record of collaborative working with partners in public and private sectors.

   --     Over 60% of developments on regeneration or brownfield sites.

-- Increasing use of Modern Methods of Construction, with a target of 50% of all homes to be built using our in-house manufacturing facilities by 2025.

-- Place-making at the heart of everything we do - designing places people love, helping to build successful communities.

-- Committed to high quality design, construction and management, creating a positive legacy for future generations.

For more information see www.countrysideproperties.com or follow @CountrysideProp on Twitter.

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