APPOINTMENT OF NON-EXECUTIVE DIRECTOR

RNS Number : 6459M

Tritax Big Box REIT plc

22 September 2021

 

22 September 2021

TRITAX BIG BOX REIT PLC

(the "Company")

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

The Board of Tritax Big Box REIT plc (ticker: BBOX) (the "Board") is pleased to announce the appointment of Wu Gang as a Non-Executive Director of the Company with effect from 1 October 2021.  Wu Gang will also be appointed as a member of the Audit & Risk and Management Engagement Committees.

Wu Gang has a strong strategic and financial advisory background and a wealth of international experience gained from a career of over 25 years in investment banking in Asia and Europe. Wu Gang set up and led the European investment banking team at CLSA Securities, the international investment banking platform of CITIC Securities, from 2015 to 2019. Prior to CLSA Securities, he was head of M&A and General Industrials at ICBC International. Wu Gang also held senior level positions at the Royal Bank of Scotland, HSBC and Merrill Lynch in Hong Kong and London. He started his investment banking career at Goldman Sachs.

Wu Gang is currently a Non-Executive Director of IG Group Holdings Plc and Ashurst LLP. He is also a senior adviser at Rothschild & Co Hong Kong Ltd. He served as a Non-Executive Director of Laird Plc from January 2017 to June 2018.

Aubrey Adams, OBE, FCA, FRICS, Chairman of Tritax Big Box REIT plc, commented:

" I am delighted to welcome Wu Gang to the Board as a Non-Executive Director. Wu Gang brings a range of international investment banking experience, gained from Asia and Europe. Wu Gang's appointment will further strengthen our Board and we very much look forward to working with him."

Following Wu Gang's appointment, the Board approved the following changes to its committees, which will take effect from 1 October 2021.

Committee	Membership
Audit & Risk Committee	Richard Laing (Chair)
	Karen Whitworth
	Wu Gang
Nomination Committee	Aubrey Adams (Chair)
	Karen Whitworth
	Alastair Hughes
Management Engagement Committee	Karen Whitworth (Chair)
	Richard Laing
	Aubrey Adams
	Alastair Hughes
	Wu Gang

In accordance with the Listing Rules, there is no further information required to be disclosed pursuant to LR9.6.13R and LR9.6.11R.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Tritax Group Hana Beard (Company Secretary) Ian Brown (Investor Relations) [phone] Maitland/AMO (Communications Adviser) James Benjamin [phone] [e-mail]

The Company's LEI is: 213800L6X88MIYPVR714

NOTES:

Tritax Big Box REIT plc (LSE ticker: BBOX) is the only listed vehicle dedicated to investing in very large logistics warehouse assets (Big Boxes) in the UK and is committed to delivering attractive and sustainable returns for Shareholders. Investing in and actively managing existing built investments, land suitable for Big Box development and developments predominantly delivered through pre-let forward funded basis, the Company focuses on large, well-located, modern and sustainable Big Box logistics assets, let to institutional-grade tenants on long-term leases (typically at least 12 years in length) with upward-only rent reviews and geographic and tenant diversification throughout the UK. The Company seeks to exploit the significant opportunity in this sub-sector of the UK logistics market owing to strong tenant demand and limited supply of Big Boxes.

The Company is a real estate investment trust to which Part 12 of the UK Corporation Tax Act 2010 applies ("REIT"), is listed on the premium segment of the Official List of the UK Financial Conduct Authority and is a constituent of the FTSE 250, FTSE EPRA/NAREIT and MSCI indices.

Further information on Tritax Big Box REIT is available at www.tritaxbigbox.co.uk

 

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