Unite Group PLC Board Appointments (6968D)
February 01 2018 - 11:28AM
UK Regulatory
TIDMUTG
RNS Number : 6968D
Unite Group PLC
01 February 2018
Press Release
[1 February 2018]
THE UNITE GROUP PLC
UNITE APPOINTS ELIAZABETH McMEIKAN AS SENIOR INDEPENDENT
DIRECTOR AND ROSS PATERSON AS AUDIT COMMITTEE CHAIR
The Unite Group plc, the UK's largest provider of student
accommodation, announces the appointments of Elizabeth McMeikan
(Non-Executive Director and Chair of the Remuneration Committee) as
Senior Independent Director and Ross Paterson (Non-Executive
Director) as Chair of the Audit Committee. These appointments
follow the tragic and sudden death of Manjit Wolstenholme announced
on 24 November 2017. The appointments take effect immediately.
Elizabeth McMeikan joined Unite in 2014. She has significant
experience of working in customer-focused businesses, including
Tesco and Colgate Palmolive. Elizabeth is the Senior Independent
Director at JD Wetherspoon plc and Chair of the Remuneration
Committee at Flybe plc.
Ross Paterson joined Unite in 2017. He is already a member of
the Audit Committee and, as a qualified accountant with extensive
experience of managing finance in complex operational environments,
is well placed to chair this Committee. He is currently Finance
Director at Stagecoach Group plc and chairs the Audit Committee at
Virgin Rail Group Holdings Limited.
Phil White, Chairman of Unite, commented:
"These appointments reflect our ongoing commitment to
maintaining the best mixture of knowledge, experience and expertise
on our board, following the tragic death of our valued colleague
Manjit Wolstenholme. The appointments of Liz and Ross are very
well-deserved and reflect the valuable contributions both have
already made to Unite."
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
Powerscourt, PR adviser to Unite
Justin Griffiths or Mazar Masud
Tel: +44 207 250 1446
unite@powerscourt-group.com
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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