Workspace Group PLC
02 August 2006
WORKSPACE STRENGTHENS BOARD WITH APPOINTMENT
OF NEW NON-EXECUTIVE DIRECTOR
Workspace Group PLC, ('Workspace') the leading provider of flexible business
accommodation to small and medium sized enterprises in London and the South
East, has appointed Rupert Dickinson, Chief Executive of Grainger Trust plc, the
FTSE 250 residential property specialist, as a non-executive Director.
Rupert started his career with Richard Ellis and specialised in investment
management and development consultancy. He joined Grainger Trust plc in 1992.
After being promoted to Deputy Managing Director in 2000, he was appointed as
Chief Executive in 2002.
Grainger Trust plc focuses on investing in and managing, a large portfolio of
over 12,000 residential tenancies. It has been active in a number of major
corporate acquisitions, including the purchase of AIM-listed City North Group
plc for £63m and the £477m acquisition of BPT PLC.
Tony Hales, Chairman of Workspace commented,
' We are delighted to welcome Rupert Dickinson to the Board. His track record in
the property industry is first class and he has much to offer to the Workspace
team. His experience of working in residential property will be extremely
useful, as we invest in more sites that require an innovative approach to
sustainable, mixed use regeneration.
' We are making great strides in our strategy to increase the scale of our
property portfolio. The development joint-venture, announced recently, with
Glebe has enabled us to focus on the Group's core skills of targeting, acquiring
and managing actively, properties in Greater London that are suitable for small
businesses. As we grow, I am confident that Rupert's broad experience as Chief
Executive of a FTSE 250 property group will be invaluable.
' I look forward to reporting the further progress that we are making in the
near future.'
The Company can advise that there are no further details relating to the
appointment of Mr Rupert Dickinson which it is obliged to disclose under
paragraph 6.F.2 (b-g) of the Listing Rules of the UK Listing Authority.
-ends-
Date: 2 August 2006
For further information:
Workspace Group PLC cityPROFILE
Harry Platt, Chief Executive Simon Courtenay
Mark Taylor, Finance Director 020-7448-3244
020-7247-7614
web: www.workspacegroup.co.uk
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