THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION EU 596/2016. UPON PUBLICATION OF THIS ANNOUNCEMENT, THE INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN. THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.
23 January 2020
WORKSPACE® GROUP PLC
("Workspace" or the "Company")
WORKSPACE APPOINTS NEW CHAIRMAN
Workspace is pleased to announce the appointment of Stephen Hubbard as Non-Executive Chairman of Workspace, which will take effect at the conclusion of the 2020 Annual General Meeting on 9 July 2020.
Stephen Hubbard is currently a Non-Executive Director of the Company and a member of the Remuneration, Audit and Nominations Committees, having joined the Board in July 2014. Until the start of this year, Stephen served as Chairman of CBRE UK, having joined Richard Ellis in 1976 and held the position of head of EMEA and UK Capital Markets from 1998 to 2012. He also serves as Non-Executive Chairman of LXi REIT plc.
Graham Clemett, Chief Executive Officer, commented:
"I am delighted that Stephen has been appointed as our next Chairman. As a current Non-Executive Director of the Company and previous Chairman of CBRE UK, he brings in-depth knowledge of both Workspace and the wider property market. His experience will help support our strategy going forward as we enhance our customer offer and continue to build on our leading position in the London market."
Stephen Hubbard, incoming Chairman, commented:
"Workspace is one of the leading companies in the flexible office market, and I am pleased to take on the role of Chairman at this exciting stage of the Company's growth. I look forward to working with a strong management team under our new CEO and taking Workspace forward to further growth and success."
This announcement has been made pursuant to Listing Rule 9.6.11. Workspace confirms there is no further information to be disclosed for the purposes of Listing Rule 9.6.13R.
The person responsible for release of this announcement is Carmelina Carfora, Company Secretary.
-ENDS-
For media and investor enquiries, please contact:
Workspace Group PLC 020 7138 3300
Cynthia Alers, Interim Head of Investor Relations
Edelman 020 3047 2546
Rob Yates
Notes to Editors
About Workspace Group PLC:
Established in 1987, and listed on the London Stock Exchange since 1993, Workspace owns and manages some 4 million sq. ft. of business space in London. We are home to thousands of businesses, including fast growing and established brands across a wide range of sectors.
Workspace is geared towards helping businesses perform at their very best. We provide inspiring, flexible work spaces in dynamic London locations.
Workspace (WKP) is a FTSE 250 listed Real Estate Investment Trust (REIT) and a member of the European Public Real Estate Association (EPRA).
Workspace® is a registered trademark of Workspace Group Plc, London, UK.
For more information on Workspace, please visit www.workspace.co.uk
LEI: 2138003GUZRFIN3UT430
