CSP Countryside Partnerships Plc

TIDMCSP

RNS Number : 4497S

Countryside Properties PLC

16 November 2021

16 November 2021

Countryside Properties PLC

Appointment of Tim Lawlor as Chief Financial Officer

Countryside Properties PLC (the "Company") is pleased to announce the appointment of Tim Lawlor, who will join the Board as Chief Financial Officer (CFO) on 28 March 2022.

Tim Lawlor has strong financial and commercial expertise, including experience in capital allocation and investor relations. He joins Countryside from Wincanton Plc, a leading FTSE listed UK logistics company providing outsourced warehousing, distribution and transportation services in the UK and Ireland, where he has been CFO since 2015. Prior to Wincanton Plc, Tim held a number of divisional and regional finance roles at leading UK firms, including Serco and Sea Containers Ltd. Tim served for seven years at Deloitte in the UK and North America, where he qualified as a Chartered Accountant.

Tim Lawlor replaces Mike Scott, who, as previously announced on 29 June 2021, leaves the Company to become CFO of Barratt Developments plc. As announced on 13 October 2021, Tom Wright becomes interim CFO from 30 November 2021 until Tim's arrival.

John Martin, Chair, said:

"Following a thorough review of potential candidates, we are delighted to welcome Tim to Countryside. His financial leadership and commercial experience will make a significant contribution to the Board."

Iain McPherson, CEO said:

"I look forward to working with Tim, who brings considerable experience from his time at Wincanton and previous senior financial roles in his career. He will be a strong addition to our team as we continue to focus on our growth in Partnerships."

Tim Lawlor said:

" Countryside has a clear, ambitious strategy with a strong track record and leadership position in mixed-tenure housing. I am pleased to be joining at an exciting time as the Company progresses its growth plans. I look forward to working alongside John, Iain and the team."

Enquiries:

Countryside Properties PLC

Victoria Prior, Managing Director, Corporate Affairs

+44 (0) 1277 260 000

Brunswick Group LLP

Nina Coad / Robin Wrench

+44 (0) 20 7404 5959

Note to editors:

Countryside is the market leader in the delivery of high quality mixed-tenure communities in partnership with housing associations, public bodies and institutional private rental operators, with a strong focus on placemaking and regeneration.

Countryside's differentiated Partnerships business model:

-- Mixed tenure developments, including affordable homes, homes for institutional private rental and homes for private sale.

-- Over 40 years track record of collaborative working with partners in public and private sectors.

   --     Over 60% of developments on regeneration or brownfield sites. 

-- Increasing use of Modern Methods of Construction, with a target of 50% of all homes to be built using our in-house manufacturing facilities by 2025.

-- Place-making at the heart of everything we do - designing places people love, helping to build successful communities.

-- Committed to high quality design, construction and management, creating a positive legacy for future generations.

For more information see www.countrysideproperties.com or follow @CountrysideProp on Twitter.

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