Workspace Regulatory News (WKP)

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.

2 April 2019

WORKSPACE GROUP PLC

DIRECTORATE CHANGE 

Workspace Group PLC ("Workspace" or the "Company") announces that Jamie Hopkins, the Company's Chief Executive Officer, has informed the Board of his decision to leave the Company due to extenuating personal circumstances.

Jamie will remain in position until 31 May 2019. Graham Clemett, the Company's Chief Financial Officer, will then assume the role of Interim Chief Executive Officer until a permanent successor to Jamie is appointed. The search for a successor will commence shortly and an announcement of their appointment will be made in due course.

Daniel Kitchen, Chairman, commented:

"On behalf of the Board, I would like to thank Jamie for his significant contribution as Chief Executive of Workspace over the last seven years. The Company has outperformed throughout his tenure and he leaves the business in fantastic shape, with a clear and proven strategy. We wish him all the best for the future.

Workspace has a strong senior management team and the Board is confident that the business will be in good hands while the search for a new Chief Executive is underway. We look forward to updating the market on performance and trading at the Full Year results in June."

Jamie Hopkins, Chief Executive Officer, commented:

"After a superb seven years at Workspace, I have decided to step down. I am confident that I leave the Company in excellent health, with a clear strategy, a strong team and an exciting future. My decision to leave has been made purely on personal grounds and I look forward to closely following Workspace's continued success. I intend to remain a shareholder of the Company and wish everyone at Workspace the best for the future."

Current trading remains in line with expectations and the Company will announce its Preliminary Results on 5 June 2019.

For media and investor enquiries, please contact:

Workspace Group PLC 020 7369 2301Clare Marland, Head of Corporate Communications

Edelman 020 3047 2546

Rosanne Perry / Rob Yates

The person responsible for release of this announcement is Carmelina Carfora, Company Secretary.

Notes to Editors

About Workspace Group PLC:

Workspace is geared towards helping businesses perform at their very best. The Workspace Advantage is our unique customer offer and is open to all - we provide inspiring, flexible work spaces with super-fast technology in dynamic London locations.

Established in 1987, and listed on the London Stock Exchange since 1993, Workspace owns and manages 3.9 million sq. ft. of business space across 65 London properties. We are home to thousands of businesses including some of London's fastest growing and established brands across a wide range of sectors.

The way businesses work is changing. That's why we continually invest in providing the technology infrastructure that enables our customers to think and move fast, and alongside their working environment, is tailored to each individual business.

Workspace (WKP) is a FTSE 250 listed Real Estate Investment Trust and a member of the European Public Real Estate Association.

Workspace® is a registered trade mark of Workspace Group Plc, London, UK.

LEI: 2138003GUZRFIN3UT430

For more information on Workspace, please visit www.workspace.co.uk