Empiric Student Property PLC Appointment of CEO (8316I)
November 29 2018 - 2:01AM
UK Regulatory
TIDMESP
RNS Number : 8316I
Empiric Student Property PLC
29 November 2018
29 November 2018
Empiric Student Property plc
("Empiric" or the "Company" or, together with its subsidiaries,
the "Group")
APPOINTMENT OF TIM ATTLEE AS CHIEF EXECUTIVE OFFICER
The Board of Empiric Student Property plc (ticker: ESP) (the
"Board"), the owner and operator of premium student accommodation
across the UK, is pleased to announce the appointment of Tim Attlee
as the Company's Chief Executive Officer, effective
immediately.
Tim joined the Board at the Company's IPO in June 2014 as
co-founder and Chief Investment Officer of the Company. Tim was
appointed as Acting Chief Executive Officer in addition to his role
as Chief Investment Officer on 12 December 2017.
Mark Pain, Non-Executive Chairman, commented:
"I am delighted that Tim has agreed to lead Empiric as Chief
Executive Officer on the next stage of the Group's journey.
His experience and deep knowledge of the Company and our sector
has helped us deliver a more effective operating platform and a
more robust and profitable business.
Whilst much has been accomplished, there remains more to be done
as we continue to transform the business and drive increased long
term shareholder value."
No further information is required to be disclosed pursuant to
Listing Rule 9.6.13R.
FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:
Empiric Student Property plc (via Newgate below)
Tim Attlee (Chief Executive Officer)
Lynne Fennah (Chief Financial &
Operating Officer)
Jefferies International Limited Tel: 020 7029 8000
Gary Gould
Stuart Klein
Newgate (PR Adviser) Tel: 020 7680 6550
James Benjamin Em: empiric@newgatecomms.com
Anna Geffert
The Company's LEI is 213800FPF38IBPRFPU87.
Further information on Empiric can be found on the Company's
website at www.empiric.co.uk.
Notes:
Empiric Student Property plc is a leading provider and operator
of modern, direct-let, nominated or leased student accommodation
across the UK. Investing in both operating and development assets,
Empiric is a multi-niche student property company focused on, (i)
providing good quality first year accommodation managed through its
Hello Student(R) operating platform in partnership with
universities, (ii) offering a variety of second and third year
purpose-built accommodation options for individual students and
those wanting a group living environment, and (iii) continuing to
expand the Group's existing premium, studio-led accommodation
portfolio which is attractive to international and postgraduate
students.
The Company, an internally managed real estate investment trust
("REIT") incorporated in England and Wales, listed on the premium
listing segment of the Official List of the Financial Conduct
Authority and was admitted to trading on the main market for listed
securities of the London Stock Exchange in June 2014.
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 or visit www.rns.com.
END
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