Directorate Change

RNS Number : 9950U

SEGRO PLC

13 April 2016

 

13 April 2016

RETIREMENT OF GROUP FINANCE DIRECTOR 

SEGRO plc ('SEGRO' or 'the Company') announces that Justin Read has informed the Board of his intention to retire later this year. Justin Read was appointed as Group Finance Director of SEGRO in August 2011.

The Board will now commence a search for his successor and a further announcement will be made in due course.

Justin Read said:

"It has been a great privilege to have played a part in the strategic repositioning of SEGRO over the past few years. I have thoroughly enjoyed working at SEGRO and I look forward to ensuring a smooth transition to my successor."

SEGRO's Chief Executive Officer, David Sleath, added:

"Justin has been a key member of the executive team during the repositioning of SEGRO over the past five years. His stewardship of the finances of the Company has placed SEGRO in a strong position to take advantage of opportunities to come. I am pleased that Justin will continue to play an active role in the business until his successor is in place."

ENDS

For further information, please contact:

SEGRO plc

Harry Stokes (Head of Investor Relations and Research)

Tel: [phone] / [e-mail]

Lizzie Humphreys (External Communications Manager)

Tel: [phone] / [e-mail]

Richard Sunderland / Claire Turvey (FTI Consulting)

Tel: [phone] / [e-mail]

Notes to Editors:

SEGRO plc

SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing and light industrial property. It owns or manages 6.0 million square metres of space in £6.8 billion of assets (at 31 December 2015, excluding the office portfolio sold in January 2016; SEGRO's share totals £5.5 billion), serving customers from a wide range of industry sectors. Its properties are located around major conurbations and at key transportation hubs across ten European countries, principally in the UK, France, Germany and Poland.

For further information see www.SEGRO.com/investors.

 

END

 

 

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