Workspace Group PLC Directorate Change (7541U)
02 April 2019 - 5:01PM
UK Regulatory
TIDMWKP
RNS Number : 7541U
Workspace Group PLC
02 April 2019
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 2301
Clare 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(R) is a registered trade mark of Workspace Group Plc,
London, UK.
LEI: 2138003GUZRFIN3UT430
For more information on Workspace, please visit
www.workspace.co.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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