Directorate Change

RNS Number : 7581O

LondonMetric Property PLC

01 February 2019

 

1 February 2019

LONDONMETRIC PROPERTY PLC

NON-EXECUTIVE DIRECTOR CHANGES

LondonMetric Property Plc ("LondonMetric" or "Company") announces the appointment of Robert Fowlds as an independent Non-Executive Director of the Company with effect from 31 January 2019. LondonMetric also announces the retirement of Philip Watson and Alec Pelmore, two Non-Executive Directors, on 31 March 2019.

Robert Fowlds has over 35 years' experience in real estate and is a chartered surveyor. He was head of real estate investment banking at J.P. Morgan Cazenove until 2015 and, prior to joining J.P. Morgan Cazenove in 2006, an equity analyst at Merrill Lynch and Dresdner Kleinwort Benson. He is currently a member of the Supervisory Board of Klepierre S.A. and also a non-executive director of UK Commercial Property REIT Limited. Robert also joins as a member of the Company's remuneration committee.

There is no additional information that is required to be disclosed pursuant to Listing Rule 9.6.13.

Patrick Vaughan, Chairman of LondonMetric, commented:

"I should like to welcome Robert Fowlds as a Non-Executive Director and look forward to working with him. The Company will benefit from his extensive real estate and capital markets experience.

"I should also like to thank Philip Watson and Alec Pelmore for their very significant contributions. As well as an integral part of the board since the Company's merger in 2013, they were previously on the board of Metric Property from its inception in 2010."

For further information, please contact:

LondonMetric Property Plc

Andrew Jones / Martin McGann

Tel: [phone]

FTI Consulting

Dido Laurimore / Richard Gotla

Tel: [phone]

 

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