WYNNSTAY PROPERTIES PLC
("Wynnstay" or the "Company")
Forthcoming Board Changes
8 June 2023
Wynnstay Properties Plc (AIM:WSP) announces that Paul Williams, Managing Director, has notified the Board of his intention to retire in the summer of 2023. Following an external recruitment process, the Board is pleased to announce that Christopher Betts has been selected as his successor.
Following a short handover period in the summer, Christopher Betts will be appointed to the Board as Managing Director upon Paul Williams' retirement. A further announcement regarding the timing of the handover and appointment will be made in due course.
Christopher Betts MRICS (57) has been a Chartered Surveyor for over 30 years. After graduating from Oxford Brookes University with a BSc in Estate Management, he joined Cluttons as a graduate trainee where he spent his first ten years in professional practice. Subsequently, he has worked for various commercial property businesses including British Land, Frogmore and Romulus. Latterly he has been advising on and implementing a strategy and management programme at Peabody Trust for their London and South-East corporate office portfolio following significant recent mergers with other social housing providers.
The AIM Rules Schedule Two paragraph (g) disclosures relating to Christopher Betts are set out at the end of the announcement.
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LEI number: 2138006MASI24JYW5076
For more information on Wynnstay visit: www.wynnstayproperties.co.uk
The information communicated within this announcement is deemed to constitute inside information for the purposes of the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this information is considered to be in the public domain.
The following information is disclosed in accordance with Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies in connection with the appointment of Christopher Guy Betts aged 57, to the Board of the Company. He currently holds the following other directorships. He does not hold any ordinary shares or options in the Company.
| Current directorships | Past directorships held within the last five years |
| Malthouse Property Consultants Limited | Halstead (Educational Trust) Limited. |
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