Empiric Student Property PLC Board Changes (4903R)
March 01 2019 - 2:01AM
UK Regulatory
TIDMESP
RNS Number : 4903R
Empiric Student Property PLC
01 March 2019
1 March 2019
Empiric Student Property plc
("Empiric" or the "Company" or, together with its subsidiaries,
the "Group")
BOARD CHANGES
The board of Empiric Student Property plc (ticker: ESP) (the
"Board"), the owner and operator of premium student accommodation
across the UK, announces that after nearly five years of service to
the Company, Stephen Alston has notified the Board of his intention
to step down from his position as a Non-Executive Director of the
Company with effect from 29 March 2019.
The Board today also announces the appointment of Alice Avis MBE
as a Non-Executive Director of the Company with effect from 1 March
2019. Alice will also join the Remuneration Committee with effect
from the same date.
Alice brings over 25 years of experience in advertising,
branding, marketing, e-commence and consultancy across the consumer
goods and retail sectors. Her expertise is across both large
FTSE100 organisations as well as smaller, entrepreneurial
businesses in the UK and internationally and in both executive and
non-executive roles.
Alice is currently a non-executive director of the BGF Group
(the Business Growth Fund), The Edrington Group Limited and Cyden
Ltd. Alice was previously executive chairman of Lumene Oy from 2012
to 2015 and served as CEO of The Sanctuary Spa Group from 2005 up
to its sale to PZ Cussons in 2008, when she remained with the
business as its chairman until 2009.
Previously Alice was Director of Marketing and e-Commerce at
Marks and Spencer Group Plc, Global Brand Director of Johnnie
Walker at Diageo PLC and a consultant at Bain & Co. Alice holds
an MA, Classics, Cambridge University and an MBA, INSEAD. In 2009,
Alice was awarded an MBE for services to the beauty industry.
Mark Pain, Non-Executive Chairman of Empiric Student Property
plc, commented:
"On behalf of the Board, I would like to thank Stephen for his
valuable and significant contribution to the Company since its IPO
in 2014, during which time he has supported the growth and
continuing progress of the Group. The entire Board remains grateful
for his wise counsel and expertise and we wish him well for the
future.
We are delighted to welcome Alice to the Board as a
Non-Executive Director. She brings a wealth of invaluable
experience in driving digital transformation and operational
excellence in customer focused, multi-site businesses. We very much
look forward to working with her."
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 Maitland/AMO below)
Tim Attlee (Chief Executive Officer)
Lynne Fennah (Chief Financial &
Operating Officer)
Jefferies International Limited Tel: 020 7029 8000
Gary Gould
Stuart Klein
Maitland/AMO (Communications Adviser) Tel: 020 7379 5151
James Benjamin Email: empiric-maitland@maitland.co.uk
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.
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contact rns@lseg.com or visit www.rns.com.
END
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