Last checked at 3 Oct 2013 07:00
3 October 2013
Safestore Holdings plc
("Safestore" or "the Company")
Board appointment
Safestore Holdings plc is pleased to announce the appointment of Ian Krieger to the Board as a non-executive director with immediate effect.
Ian will succeed Adrian Martin as Safestore's Audit Committee Chairman around the time of the Company's 2014 AGM.Adrian is continuing in his role as senior independent director.
Ian is a non-executive director and Chairman of the Audit Committee of Premier Foods plc. He is a director of Anthony Nolan (blood cancer charity) where he is Chairman of the Audit Committee, and he is also a Trustee of the Nuffield Trust.
Previously Ian was a senior partner and vice-chairman at Deloitte until his retirement in 2012. During his 40 year career at Arthur Andersen and since 2002 Deloitte, his responsibilities have included heading the Corporate Finance practice, the London Corporate Audit division and the Private Equity practice. Ian has significant boardroom experience and has worked with a wide variety of companies throughout his career. He will join the Audit Committee on appointment.
Richard Grainger, Safestore's Chairman, said:
"I am delighted to have Ian joining our Board and providing succession as Chairman of the Audit Committee. His significant financial and commercial experience will enable him to make animmediatecontribution to Safestore as we enter the next stage of the Group's development."
In accordance with the Listing Rules, there are no additional matters that would require disclosure under LR 9.6.13 R (1) to (6) in relation to Mr. Krieger's appointment.
For further information, please contact:
College Hill | 020 7457 2020 |
Matthew Smallwood Mark Reed |
About Safestore:
· Safestore is the UK's largest self storage group with 134 stores. They include 97 wholly owned stores in the UK and 25 wholly owned stores in the Paris region together with 12 stores under management in the UK. |
· The Company provides storage to around 46,500 personal and business customers. |
· Safestore (excluding Space Maker) has a maximum lettable area ("MLA") of 5.10 million sq ft (including the expansion pipeline stores) of which 3.22 million sq ft is currently occupied. |
· Safestore employs around 550 people. |