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Board Change

1 Oct 2018 07:00

RNS Number : 4348C
Hansteen Holdings plc
01 October 2018
 

1 October 2018

 

Hansteen Holdings PLC

("Hansteen" or the "Company")

 

BOARD CHANGE

Hansteen (LSE: HSTN), the investor in urban multi-let industrial property, announces that Margaret Young has advised the Board of her intention to step down as a non-executive director of the Company with effect from 31 December 2018.

Margaret Young, commented: "I have now completed three years at Hansteen and given the successful disposal of some large portfolios during the past eighteen months, the Company is now much smaller and I feel it is appropriate to step down and concentrate on my other non-executive roles".

Melvyn Egglenton, Chairman, added: "On behalf of the Board, I would like to thank Margaret for her significant contribution to our deliberations generally and hard work as Chairman of the Remuneration Committee and a member of the Audit and Nominations Committees. The Board has benefitted from her considerable corporate and governance experience during her time with us".

For more information:

Ian Watson/Morgan Jones

Hansteen Holdings PLC

Tel: 0207 408 7000

Jeremy Carey/Kirsty Allan

Tavistock

Tel: 0207 920 3150

Email: kirsty.allan@tavistock.co.uk

 

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