Trafalgar Property Group PLC Board Appointment (0065L)
May 11 2022 - 1:02AM
UK Regulatory
TIDMTRAF
RNS Number : 0065L
Trafalgar Property Group PLC
11 May 2022
Certain information contained within this Announcement is deemed
by the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014 ("MAR") as applied in
the United Kingdom. Upon publication of this Announcement, this
information is now considered to be in the public domain.
11 May 2022
TRAFALGAR PROPERTY GROUP PLC
("Trafalgar", the "Company" or "Group")
Board Appointment
Trafalgar is pleased to announce the appointment of Dr Paul
Francis Challinor as an Executive Director, with immediate effect.
Dr Challinor is a renowned and respected, early-stage pioneer and
executive manager who specialises in the construction and
management of indoor hydroponic vertical farming facilities and in
the food security sector.
Dr Challinor together with Gary Thorneycroft, Trafalgar's Chief
Financial Officer, were co-founders of Jones Food Company (JFC),
which owned and operated, at the time, one of the largest vertical
farms in Europe. A majority stake in JFC was subsequently sold to
Ocado in 2019.
Commenting on the appointment of Dr Challinor, Paul Treadaway,
Managing Director of Trafalgar said:
"We view Paul's appointment as the key step in the development
of Trafalgar's long-planned hydroponic division as he is a UK
pioneer in this high growth market.
The Board believes Paul's appointment which has been in
negotiation for some time, will help Trafalgar to re-invigorate its
hydroponics strategy. Paul's experience and expertise together with
that of Gary Thorneycroft, will greatly assist Trafalgar in
realising its aspirations to design, fit out, build and where
appropriate even operate hydroponic assets."
Further information in relation to Dr Paul Challinor:
Save for the information above and below, there are no further
disclosures to be made in accordance with Rule 17, Schedule 2(g) of
the AIM Rules for Companies in respect of the appointment of Dr
Paul Challinor.
In addition to his appointment to the Board, Dr Paul Challinor,
aged 61, holds or has held the following directorships or
partnerships in the past five years:
Current directorships Previous directorships
May Barn Horticultural Consultancy Jones Food Company Limited
Ltd
Cheshire Botanicals Ltd
Dr Challinor does not hold any shares in the Company.
There is no further information required to be disclosed in
respect of the above appointment pursuant to Rule 17 and Schedule
2(g) of the AIM Rules for Companies.
Enquiries:
Trafalgar Property Group plc +44 (0) 1732 700
James Dubois 000
SPARK Advisory Partners Limited - AIM Nominated
Adviser +44 (0) 203 368
Matt Davis 3550
+44 (0) 20 7409
Peterhouse Capital Limited - Broker 0930
Duncan Vasey/Lucy Williams
Notes to Editors:
Trafalgar Property Group plc
For further information visit www.trafalgarproperty.group
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Kingdom. Terms and conditions relating to the use and distribution
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RNS may use your IP address to confirm compliance with the terms
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END
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