27 February 2020
Custodian REIT plc
("Custodian REIT" or "the Company")
Director Declaration
In accordance with Listing Rule 9.6.14(2), Custodian REIT advises that David Hunter, Non-Executive Chairman of the Company, is expected to be appointed as Non-Executive Chairman of Capital & Regional plc ("C&R") at the conclusion of C&R's Annual General Meeting on 20 May 2020, with David initially joining C&R's board as a non-executive director with effect from 9 March 2020. C&R is a UK real estate investment trust with a £1 billion portfolio of in-town dominant community shopping centres.
The Chairmanship of C&R is not expected to impact David's ability to allocate sufficient time to the Company to discharge his responsibilities effectively. The Board perceives no material conflicts of interest between the activities of C&R and Custodian REIT due to their divergent property strategies.
- Ends -
For further information, please contact:
Custodian Capital Limited
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Richard Shepherd-Cross / Nathan Imlach / Ian Mattioli MBE
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Tel: +44 (0)116 240 8740
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www.custodiancapital.com
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Numis Securities Limited
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Hugh Jonathan/Nathan Brown
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Tel: +44 (0)20 7260 1000
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www.numiscorp.com
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Camarco
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Ed Gascoigne-Pees
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Tel: +44 (0)20 3757 4984
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www.camarco.co.uk
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