Urban Logistics REIT PLC Director appointment (4141O)
29 May 2020 - 11:30PM
UK Regulatory
TIDMSHED
RNS Number : 4141O
Urban Logistics REIT PLC
29 May 2020
Urban Logistics REIT plc
("Urban Logistics" or the "Company")
Director appointment
Urban Logistics (AIM: SHED), the specialist UK logistics REIT,
is delighted to announce the appointment of Heather Hancock as an
Independent Non-Executive Director of the Company, effective from
15 June .
Heather is currently Chairman of the Food Standards Agency and
in October will step down from this role to become Master of St.
John's College, Cambridge. After receiving a first-class degree in
Land Economy at the University of Cambridge, she joined the
Government Economic Service and held a series of senior national,
regional and local government positions. Whilst Executive Director
of Yorkshire Forward between 2000-2003, she led the disposal of the
English Partnerships regional portfolio; the joint-venture site
acquisition for the development of Sheffield's Advanced
Manufacturing Park; and oversaw an urban acquisition strategy,
building a GBP350m property portfolio.
In 2003, Heather became a Partner in Deloitte's Strategy
Consulting business and was appointed a Managing Partner from 2008,
until her retirement in 2014. She led the firm's extensive global
services to the Olympic movement and was part of its global
leadership team between 2011-2013. Heather's executive
responsibilities in the firm included innovation, brand,
communications, client service and talent.
Heather is a Director of a family-owned property investment and
development business, Amerdale Limited, and a non-executive
Director of Rural Solutions Limited, which provides strategy,
planning and design services for land-based businesses. She is also
a Trustee of the Chatsworth Settlement Trust, responsible for an
extensive commercial, residential and agricultural property
portfolio and she provides consultancy advice on business strategy
to private landowners across the UK.
Heather served as a trustee for the Prince's Trust for more than
a decade, for which she was awarded the LVO in 2013 . She is also a
Deputy Lieutenant of North Yorkshire.
Nigel Rich, Chairman of Urban Logistics said:
"It's great to welcome someone of Heather's calibre to the
board. Her expertise in strategy, governance and leadership will
complement the Board's existing skills as the Company continues to
grow."
The following information in relation to Heather Hancock is
disclosed in accordance with Schedule 2(g) of the AIM Rules for
Companies:
Full name: Heather Jane Hancock
Age: 54
Shares held: 0
Directorships held in the past 5 years:
Current Past
Amerdale Ltd Giggleswick School
Devonshire Nominees No 2 Limited Wavelength Companies Ltd
Rural Solutions Limited London Championships Ltd
London 2017 Ltd
Giggleswick Services Ltd
There are no further disclosures to be made under Schedule 2(g)
of the AIM Rules for Companies.
- Ends -
For further information contact:
Urban Logistics REIT plc +44 (0)20 7591
Richard Moffitt 1600
Montfort Communications +44 (0)78 1234
Olly Scott 5205
N+1 Singer - Nominated Adviser and Broker
James Maxwell / James Moat (Corporate Finance)
Alan Geeves / James Waterlow / Sam Greatrex +44 (0)20 7496
(Sales) 3000
Panmure Gordon (UK) Limited - Joint Broker
Chloe Ponsonby (Corporate Broking) +44 (0)20 7886
Emma Earl (Corporate Finance) 2500
About Urban Logistics REIT
Urban Logistics REIT plc is a property investment company,
quoted on the AIM market of the London Stock Exchange, (AIM:
SHED).
The Company has been established to invest in UK-based logistics
properties with the objective of generating attractive dividends
and capital returns for its shareholders. Its investment strategy
focuses on strategically located smaller single let properties
servicing high-quality tenants. Investment returns will be
generated by an experienced management team focusing on quality
stock selection and active asset management.
A number of structural and commercial factors currently support
the attractive opportunity in the last mile/regional industrial and
logistics real estate sub-sectors targeted by the Company,
including: strong occupier demand, (driven by the growth of
e-commerce and investment by retailers in their associated supply
chain) and a decline in the supply of smaller sized lettable space
in industrial and logistics real estate across the UK.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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