Unite Group PLC Appointment of Non-Executive Director (4173R)
September 21 2017 - 6:00AM
UK Regulatory
TIDMUTG
RNS Number : 4173R
Unite Group PLC
21 September 2017
Press Release
21 September 2017
THE UNITE GROUP PLC
("Unite Students", "Unite", the "Group", or the "Company")
UNITE APPOINTS ROSS PATERSON AS NON-EXECUTIVE DIRECTOR
The Unite Group plc, the UK's largest provider of student
accommodation, announces that Ross Paterson will join its Board as
a Non-Executive Director, with effect from today.
Ross Paterson is a member of the Board of Stagecoach Group plc
with responsibility for finance, technology and compliance. He has
extensive experience of managing finance in complex operational
environments. Ross is currently Finance Director and has also
previously held the role of Company Secretary.
In addition, he is a non-executive director and Audit Committee
Chair of Virgin Rail Group Holdings Limited, and a member of the
Business Policy Committee of the Institute of Chartered Accountants
of Scotland.
Phil White, Chair of Unite, commented:
"Ross brings a wealth of experience to Unite's Board gained from
his many years managing finance in a complex operational business
like our own. He also brings valued insight into innovation through
digital as we continue to enhance our service offer for students
via technology. We look forward to welcoming him."
Ross Paterson added:
"Unite Group has a strong track record in a fast-growing
industry. I am excited to be joining the Board of Unite as it looks
to build further on its success to date."
Other than Ross Paterson's position as the Finance Director in
Stagecoach Group plc, no further information needs to be disclosed
under the Financial Conduct Authority's Listing Rule 9.6.13R.
ENDS
For further information, please contact:
Joe Lister, Chief Financial Officer
Tel: +44 117 302 7005
Candice Macdonald, Head of Corporate Communications
Tel: +44 7525 592521
Notes to Editors:
About Unite Students
Unite Students is the UK's largest and most established manager
and developer of purpose-built student accommodation. It provides a
home for around 50,000 students, in more than 140 properties,
across 24 leading university cities in England and Scotland. Unite
works in partnership with more than 60 Higher Education
institutions and also lets rooms directly to students.
Unite's purpose is to provide a home to its culturally diverse
customers, offering them a strong foundation for academic and
personal success. The accommodation is high quality, safe and close
to university campuses, transport links and local amenities.
Students live in ensuite study bedrooms with rents covering all
bills, insurance, 24-hour security, fortnightly cleaning of
communal kitchens and bathrooms and high-speed Wi-Fi.
Founded in 1991 in Bristol, the Unite Group plc is a FTSE250
company, listed on the London Stock Exchange, employing more than
1,400 people. It pursues a sustainable growth strategy, designed to
make the most of the resilient nature of the student accommodation
sector. Unite is focused on maintaining its position as the leading
provider of student accommodation in the UK, by having the best
brand, operating the highest quality portfolio and maintaining the
strongest capital structure in the sector. This is achieved with
consistent investment in, and improvement to, the operating
platform; highly selective development activity and asset
management initiatives.
Unite is invested in and operates two specialist funds and joint
ventures with institutional investment partners, the GBP2 billion
Unite UK Student Accommodation Fund (USAF) and the GBP1 billion
London Student Accommodation Vehicle (LSAV).
Unite is the founder and major donor of the Unite Foundation.
Since 2012, this has provided free student accommodation and
financial support to 160 young people in the UK who lack family
support.
For more information, you can visit Unite's corporate website
www.unite-group.co.uk, the student site www.unite-students.com or
the Unite Foundation www.unitefoundation.co.uk.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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