SMP St.modwen Properties Plc

TIDMSMP

RNS Number : 9160N

St. Modwen Properties PLC

01 November 2016

1(st) November 2016

St. Modwen Properties PLC

("St. Modwen" or the "Company")

MARK ALLAN JOINS ST. MODWEN AS CHIEF EXECUTIVE DESIGNATE

Further to the announcement made on 7(th) April 2016, St. Modwen is pleased to announce that Mark Allan joins the Company today as Chief Executive Designate and executive director. He will be appointed Chief Executive with effect from 1(st) December 2016 following the retirement of Bill Oliver on 30(th) November 2016.

ENQUIRIES:

St. Modwen Properties PLC

Bill Shannon, Chairman

Charlotte McCarthy, Head of PR and Communications

Tel: 0121 222 9400

FTI Consulting

Dido Laurimore

Tom Gough

Ellie Sweeney

Tel: 020 3727 1000

Notes to editors:

St. Modwen Properties PLC

St. Modwen is the UK's leading regeneration specialist. The Company operates across the full spectrum of the property industry from a network of regional offices, a residential business and through joint ventures with public sector and industry leading partners.

The Company is focussed wholly upon regeneration with an outstanding 30 year track record of adding value by managing schemes through the planning process, remediating brownfield land and active asset management and development.

With extensive experience in dealing with complex and challenging sites, St. Modwen has a land bank of over 6,000 acres and is focused on the long-term development of commercial property and residential land.

St. Modwen's GBP1.7bn national portfolio of over 100 projects includes the regeneration of New Covent Garden Market, London; the transformation of Longbridge, Birmingham; and the on-going regeneration of over 2,500 acres of former industrial land in South Wales which includes the delivery of the new GBP450m Bay Campus for Swansea University.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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