Notification of New Directorship

RNS Number : 5031C

Unite Group PLC

16 April 2013

 



PRESS RELEASE 16 April 2013

 

THE UNITE GROUP PLC

("UNITE", the "Group", or the "Company")

 

Directorate change: Additional directorship

In accordance with Listing Rule 9.6.14R, The UNITE Group plc announces that it has been notified that Phil White, Chairman, has been appointed a Non-Executive Director of Vp plc, a company listed on the London Stock Exchange, with effect from 15 April 2013. Phil White continues as Chairman of The UNITE Group plc.

For further information, please contact:

The UNITE Group plc Mark Allan, Chief Executive Sophie Joyce, Head of Communications	Tel: [phone]
FTI Consulting Stephanie Highett Dido Laurimore Faye Walters	Tel: [phone]

About The UNITE Group 

The UNITE Group is the UK's leading developer and manager of student accommodation, with a business model that focuses on two core areas:

1.         Development and Asset Management: UNITE undertakes the acquisition, planning and development of purpose-built student accommodation in the UK. Through the continuous assessment of quality and location of its investment portfolio, UNITE is well positioned to deliver value-adding strategies to those assets where further opportunities are identified. Working on behalf of its partners, UNITE acts as Fund Manager for the UNITE UK Student Accommodation Fund in which it owns a 16.4% share. UNITE also manages a number of Joint Venture partnerships.

2.         Professional property management: UNITE is home to 42,000 students in over 130 properties across 23 of the UK's strongest university cities, and has consistently proven high occupancy levels across its portfolio.

The Group works closely with higher education institutions in order to deliver high quality, well-located student accommodation at affordable prices in strong higher education markets. In 2012 UNITE won the South West Business in the Community Carbon Reduction Award for its environmental initiatives and the Global Real Estate Sustainability Benchmark (GRESB) named UNITE as a regional sector leader for sustainability.

Founded in 1991, UNITE is a FTSE 250 company listed on the London Stock Exchange (UTG). For more information, please visit www.unite-group.co.uk or www.unite-students.com.  

 

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