13 December 2019
Custodian REIT plc
('Custodian REIT' or 'the Company')
Appointment of Non-Executive Director
Custodian REIT (LSE: CREI), the UK property investment company, is pleased to announce the appointment of Hazel Adamas a Non-Executive Director of the Companywith effect from 12 December 2019. Mrs Adamwill be appointed as a member of Board Committees following her appointment.
Mrs Adamwas an investment analyst with Scottish Life until 1996andthen joined Standard Life Investments. As a fund manager she specialised in UK and then Emerging Market equities. In 2005 Mrs Adamjoined Goldman Sachs International as an executive director on the new markets equity sales desk before moving to HSBC in 2012, holding a similar equity sales role until 2016.
Mrs Adam was appointed as an independent non-executive director of Aberdeen Latin American Income Fund Limited in 2018andholds the Financial Times Non-Executive Directors Diploma.
Commenting on the appointment, David Hunter, Chairmanof Custodian REIT,said:
'I am delighted to welcome Hazel Adam to the Board as a Non-Executive Director. She brings a range of experience including buy side and sell side investment experience, strategies and markets. This, together with Hazel's strong 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 LR9.6.11R and LR9.6.13R.
-Ends-
For further information, please contact:
Custodian Capital Limited | ||
Richard Shepherd-Cross / Nathan Imlach/ Ian MattioliMBE | Tel: +44 (0)116 240 8740 | |
www.custodiancapital.com | ||
Numis Securities Limited | |
Hugh Jonathan/ Nathan Brown | Tel: +44 (0)20 7260 1000 |
www.numiscorp.com |
Notes to Editors
Custodian REIT plc is a UK real estate investment trust, which listed on the main market of the London Stock Exchange on 26 March 2014. Its portfolio comprises properties predominantly let to institutional grade tenants on long leases throughout the UK and is principally characterised by propertieswith individual values of less than £10million at acquisition.
The Company offers investors the opportunity to access a diversified portfolio of UK commercial real estate through a closed-ended fund. By targeting sub £10 millionlot size, regionalproperties, the Company intends to provide investors with an attractive level of income with the potential for capital growth.
Custodian Capital Limited is the discretionary investment manager of the Company.
For more information visitwww.custodianreit.comandwww.custodiancapital.com.
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Custodian REIT plc published this content on 13 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 December 2019 07:05:02 UTC