Tritax Big Box Reit (LSE:BBOX)
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2 meses : De Oct 2019 a Dic 2019
RNS Number : 5366Q
Tritax Big Box REIT plc
21 October 2019
21 October 2019
TRITAX BIG BOX REIT PLC
APPOINTMENT OF NON-EXECUTIVE DIRECTOR
The board of Tritax Big Box REIT plc (ticker: BBOX) (the "Board") is pleased to announce the appointment of Karen Whitworth as a Non-Executive Director of the Company. Karen takes up the post today and will also be appointed as a member of Board Committees following her appointment.
Karen qualified as a Chartered Accountant at Coopers & Lybrand (now PricewaterhouseCoopers) and has 17 years' experience operating at board level in a variety of roles in Commercial, Operations and Governance in several private and publicly listed organisations. Most recently, Karen spent 10 years at J Sainsbury plc, latterly as a Member of the Commercial Board and Director of Non-Food Grocery and New Business for three years, and formerly as Supply Chain Director and Director of Group Internal Audit. Some of Karen's earlier career was spent at online entertainment business, BGS Holdings Limited. She also held a number of senior roles at the Intercontinental Hotel Group Plc between 2000 and 2005. Until 2018, she was a Supervisory Board member and member of the Audit Committee at GS1 UK Limited.
Karen is currently a non-executive director of Whitworth Corporate Holdings Ltd, a small East Anglian based commercial property business.
Sir Richard Jewson KCVO JP, Chairman of Tritax Big Box REIT plc, commented:
"I am delighted to welcome Karen Whitworth to the Board as a Non-Executive Director. She brings a range of experience across all aspects of logistics and retail supply chains, with a robust understanding of retail trends. This, together with Karen's financial and governance background, will further strengthen our Board and we look forward to working with her."
In accordance with the Listing Rules, there is no further information required to be disclosed pursuant to LR9.6.13R and LR9.6.11R.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Tritax Group via Maitland (below)
Colin Godfrey (Partner, Fund Manager)
Maitland (Communications Adviser) Tel: 020 7379 5151
James Benjamin firstname.lastname@example.org
Jefferies International Limited Tel: 020 7029 8000
Akur Limited Tel: 020 7493 3631
The Company's LEI is: 213800L6X88MIYPVR714
Tritax Big Box REIT plc is the only listed vehicle dedicated to investing in very large logistics warehouse assets ("Big Boxes") in the UK and is committed to delivering attractive and sustainable returns for Shareholders. Investing in and actively managing existing built investments, land suitable for Big Box development and developments predominantly delivered through pre-let forward funded basis, the Company focuses on large, well-located, modern Big Box logistics assets, let to institutional-grade tenants on long-term leases (typically at least 12 years in length) with upward-only rent reviews and geographic and tenant diversification throughout the UK. The Company seeks to exploit the significant opportunity in this sub-sector of the UK logistics market owing to strong tenant demand and limited supply of Big Boxes.
The Company is a real estate investment trust to which Part 12 of the UK Corporation Tax Act 2010 applies ("REIT"), is listed on the premium segment of the Official List of the UK Financial Conduct Authority and is a constituent of the FTSE 250, FTSE EPRA/NAREIT and MSCI indices.
Further information on Tritax Big Box REIT is available at www.tritaxbigbox.co.uk
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(END) Dow Jones Newswires
October 21, 2019 05:00 ET (09:00 GMT)