GCP Student Living PLC Appointment of Non-Executive Director (1974N)
28 January 2021 - 8:23PM
UK Regulatory
TIDMDIGS
RNS Number : 1974N
GCP Student Living PLC
28 January 2021
GCP Student Living plc
("GCP Student" or the "Company")
LEI: 2138004J4ID66FK38H25
Appointment of Non-Executive Director
GCP Student, the only UK REIT focused on modern, purpose-built
private student accommodation in and around London, is pleased to
announce the appointment of Mr Russell Chambers as an independent
non-executive Director of the Company and as a member of the Audit
and Risk, Management Engagement, Remuneration and Disclosure
Committees, with effect from 1 February 2021.
Mr Chambers is an investment banker with 35 years of experience
advising companies and boards on various strategic priorities
including mergers and acquisitions and raising capital in the debt
and equity markets.
Mr Chambers qualified as a solicitor with Lovell White and King,
now Hogan Lovells. He is currently a Senior Advisor with both Bain
Capital and Teneo and a founder shareholder in the Five Guys
European restaurant business. Until recently, Mr Chambers was a
senior advisor at Credit Suisse after acting as the CEO for the
Swiss Bank in the UK and Ireland. He is also a former independent
non-executive director of Datamonitor plc and Chairman of Mentore
Consulting.
David Hunter, Chairman, commented, "We are delighted that
Russell Chambers is joining us and look forward to his contribution
to the development of the Company".
There are no further requirements requiring disclosure under
Listing Rule 9.6.13. of the Financial Conduct Authority Listing
Rules.
28 January 2021
For further information please contact:
Gravis Capital Management Limited +44 020 3405 8500
Nick Barker
Joe McDonagh
Jefferies International Limited +44 020 7029 8000
Neil Winward
Stuart Klein
Tom Yeadon
Buchanan / Quill +44 020 7466 5000
Helen Tarbet
Henry Wilson
About GCP Student
The Company was the first student accommodation REIT in the UK,
investing in modern, purpose-built, private student residential
accommodation and teaching facilities.
Its investments are located primarily in and around London where
the Investment Manager believes the Company is likely to benefit
from supply and demand imbalances for student residential
accommodation. GCP Student's property portfolio comprises eleven
assets with c.4,100 beds. At 30 September 2020, its property
portfolio was valued at GBP1.01 billion.
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END
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