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Empiric announce board change
The Board of Empiric Student Property plc would like to announce that Alexandra Mackesy has informed the Board of her intention to resign from her role as an independent non-executive director with effect from 29 February 2016. Mrs Mackesy, who has been a non-executive director of the Company and chairman of the remuneration committee since its IPO, has decided to resign due to time commitments in relation to her other obligations. The Board would like to thank Mrs Mackesy for her contribution to the development of the Company since it came to market and wishes her well for the future.
The Board has agreed to appoint Stuart Beevor as chairman of the remuneration committee and as a member of the audit committee. Mr Beevor, who joined the Board as an independent non-executive director on 1 January 2016, was previously a board member of The Unite Group plc for a nine year period, where he was chairman of the remuneration committee and a member of the audit committee.
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The Empiric plc management team has a long track record in the acquisition, development and management of student accommodation assets in the UK.
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Empiric Head Office
Empiric Student Property plc
Swan House, 17-19 Stratford Place, London W1C 1BQ
info@empiric.co.uk
James Benjamin
Maitland/AMO
empiric-maitland@maitland.co.uk
Stuart Klein
Managing Director, Corporate Broking
Jefferies International Ltd
stuart.klein@jefferies.com
© 2020 Empiric Student Property plc. All rights reserved.
Address: Swan House, 17-19 Stratford Place, London, W1C 1BQ | Tel: +44 (0)20 3828 8700
Registered as a limited company in England and Wales under company number: 08886906
The company budgets and models on the basis of 97% occupancy. Occupancy or income of the operational portfolio to this level and in excess is considered fully let.
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