REG - British Land Co PLC - Directorate Change

British LandAnnouncement

17/06/2024 07:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240617:nRSQ5959Sa&default-theme=true

RNS Number : 5959S  British Land Co PLC  17 June 2024

 

Directorate Change

17 June 2024

The British Land Company plc ("British Land") announces that Bhavesh Mistry,
Chief Financial Officer ("CFO"), has informed the Board of his intention to
step down from his role as CFO and Executive Director of British Land to
become CFO of Kingfisher plc.

Bhavesh will remain in his current role while a replacement is found and to
ensure an effective transition of his responsibilities. He has a 12 month
notice period and a date for his departure will be agreed. A search for a new
CFO is underway and a further announcement will be made in due course.

Simon Carter, CEO of British Land, said: "I'd like to thank Bhavesh for his
significant contribution in the past three years over which time we have
allocated capital well, controlled costs and positioned the balance sheet to
seize the opportunities that are now emerging."

This announcement was made in accordance with the requirements of 9.6.11 of
the UK listing rules.

-ENDS-

 

Investors

Sandra Moura, British Land                    07989 755 535

 

Media

Charlotte Whitley, British Land                07887 802 535

 

 

ABOUT BRITISH LAND

British Land is a UK commercial property company focused on real estate
sectors with the strongest operational fundamentals: London campuses, retail
parks, and London urban logistics. We own or manage a portfolio valued at
£13.0bn (British Land share: £8.7bn) as at 31 March 2024.

 

Our purpose is to create and manage Places People Prefer - outstanding places
that deliver positive outcomes for all our stakeholders on a long term,
sustainable basis. We do this by leveraging our best in class platform and
proven expertise in development, repositioning and active asset management.

 

We have both a responsibility and an opportunity to manage our business in an
environmentally and socially responsible manner. Our approach to
sustainability is focused on three pillars: Greener Spaces, Thriving Places
and Responsible Choices.

 

Read more about us at www.britishland.com (http://www.britishland.com) .

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAMZGMVLVMGDZG