Last checked at 13 Apr 2016 07:00
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: +44 (0) 20 7451 9124 / harry.stokes@segro.com
Lizzie Humphreys (External Communications Manager)
Tel: +44 (0) 20 7451 9129 / lizzie.humphreys@segro.com
Richard Sunderland / Claire Turvey (FTI Consulting)
Tel: +44 (0) 20 3727 1000 / segro@fticonsulting.com
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.