Last checked at 10 Oct 2022 07:00
For immediate release | 10 October 2022 |
Watkin Jones plc
('Watkin Jones' or the 'Company')
Board appointments
Watkin Jones plc (AIM:WJG) is pleased to announce the appointments to the Board of Alex Pease as executive director and Francis Salway as non-executive director, both with effect from 10 October 2022.
Alex Pease joined Watkin Jones in 2010 and was part of the team responsible for managing the flotation of the Company on the AIM market in 2016. In his role as Chief Investment Officer, Alex is responsible for the Group's property acquisition, planning and divestment activities. He is also a member of the Executive Committee. Prior to Watkin Jones, Alex worked within the Savills Residential Investment Team.
Francis Salway brings a wealth of property expertise to the Board. He was Chief Executive of Land Securities plc, then the country's largest commercial property company, between 2004 and 2012, having joined the board in 2001. Francis is currently a non-executive director of Cadogan Group Limited, which owns and manages the Cadogan Estate in Chelsea. He is also a Visiting Professor in Practice at the London School of Economics.
Francis was chair of Town and Country Housing Association from 2012, and following its merger with Peabody Housing Association in 2019, became a non-executive director of that organisation until 2021. He was a non-executive director of NEXT plc from 2010 to 2021, latterly as Senior Independent Director, a past President of the British Property Federation and former Chair of the Transport for London Property Advisory Group.
On joining the Board, Francis will become a member of the Audit, Remuneration and Nomination Committees.
Alan Giddins, Chair of Watkin Jones, commented:
"I am delighted to welcome Alex and Francis to the Board of Watkin Jones. Alex has a long tenure with the Company and as a key member of the executive team has helped to transform Watkin Jones from a family-owned business into a public company. Francis has extensive board and property experience. Both will add considerable value to the Board."
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For further information:
Watkin Jones plc |
| |
Richard Simpson, Chief Executive Officer | Tel: +44 (0) 20 3617 4453 | |
Sarah Sergeant, Chief Financial Officer
Peel Hunt LLP (Nominated Adviser & Joint Corporate Broker) |
Tel: +44 (0) 20 7418 8900 | |
Mike Bell / Ed Allsopp | www.peelhunt.com | |
Jefferies Hoare Govett (Joint Corporate Broker) |
Tel: +44 (0) 20 7029 8000 | |
Max Jones / James Umbers
| www.jefferies.com | |
Media enquiries:
Buchanan |
|
Henry Harrison-Topham / Steph Whitmore watkinjones@buchanan.uk.com | Tel: +44 (0) 20 7466 5000 www.buchanan.uk.com |
Disclosures required by Schedule 2(g) of the AIM Rules for Companies:
Alexander Thomas Pease, aged 43, holds or has previously held the following directorships in the last five years:
Current appointments |
| Appointments held within the last five years |
Anderson Wharf (Student) Limited | None | |
Battersea Park Road London Limited | ||
Bridle Path Watford Ltd | ||
Bridge Road Bath Limited | ||
Conington Road Lewisham Limited | ||
Crown Place Woking Limited | ||
Customhouse Student Limited | ||
Dalby Avenue Bedminster Limited | ||
Duncan House Developments Limited | ||
Ellen Street Hove Limited | ||
Elliott Road Selly Oak Limited | ||
Fairleague Limited | ||
Freshers PBSH Chester (General Partner) Limited | ||
Gas Lane Bristol Limited | ||
Gladstone Road Exeter Limited | ||
Goldcharm Residential Limited | ||
Gorgie Road Edinburgh Limited | ||
Grove Crescent Stratford Limited | ||
The Hale Tottenham Limited | ||
Headrow House Leeds Limited | ||
High Street Swansea Limited | ||
Holdenhurst Road Bournemouth Limited | ||
India Street Glasgow Limited | ||
Iona Street Edinburgh Limited | ||
Lower Bristol Road Bath Limited | ||
LPS Nottingham Limited | ||
Malago Road Bristol Limited | ||
Northop Road Flint Limited | ||
Onega Centre Bath Limited | ||
Randalls Road Leatherhead Limited | ||
Sherlock Street Birmingham Limited | ||
TG Southall Limited | ||
Walnut Tree Close Guildford Limited | ||
Watkin Jones & Son Limited | ||
Wilmslow Road Manchester Limited |
Francis William Salway, aged 65, holds or has previously held the following directorships in the last five years:
Current appointments |
| Appointments held within the last five years |
Cadogan Group Holdings Limited | Monson Homes Limited | |
Cadogan Group Limited | NEXT plc | |
Cadogan Hotels Group Limited | The London Community Foundation |
There is no other information that is required to be disclosed pursuant to Schedule 2 paragraph (g) or Rule 17 of the AIM Rules for Companies in respect of Alex Pease or Francis Salway.
Notes to Editors
Watkin Jones is the UK's leading developer and manager of residential for rent, with a focus on the build to rent, student accommodation and affordable housing sectors. The Group has strong relationships with institutional investors, and a reputation for successful, on-time-delivery of high quality developments. Since 1999, Watkin Jones has delivered 46,000 student beds across 136 sites, making it a key player and leader in the UK purpose-built student accommodation market, and is increasingly expanding its operations into the build to rent sector. In addition, Fresh, the Group's specialist accommodation management business, manages over 22,000 student beds and build to rent apartments on behalf of its institutional clients. Watkin Jones has also been responsible for over 80 residential developments, ranging from starter homes to executive housing and apartments.
The Group's competitive advantage lies in its experienced management team and capital-light business model, which enables it to offer an end-to-end solution for investors, delivered entirely in-house with minimal reliance on third parties, across the entire life cycle of an asset.
Watkin Jones was admitted to trading on AIM in March 2016 with the ticker WJG.L. For additional information please visit www.watkinjonesplc.com