U and I Group announces Ros Kerslake to its Board as upcoming Non-Executive Director

– UK, London – U and I Group PLC (LSE:UAI), the mixed-use property regeneration specialist, today announces the appointment of Ros Kerslake OBE as Non-Executive Director and member of the Remuneration, Audit and Risk, and Nomination Committees with effect from 1 September 2017.

Ros has over 10 years of board level experience having held a number of non-executive and CEO positions in the regeneration and real estate sectors. Ros was CEO of RegenCo URC, The Prince’s Regeneration Trust and is currently CEO of the Heritage Lottery Fund. In addition to her successful CEO credentials Ros Kerslake has held Non-Executive Director positons at Quintain Estates and Development Plc, Black Country Housing Association, Thurrock Thames Gateway Development Corporation and The Heritage Alliance.

Ros joins U+I at a time of strong performance and good pipeline visibility for the business. U+I’s strategy of targeting a 12% post-tax return to shareholders is progressing well with £65m – £70m of development and trading gains forecast to be delivered in FY2018 and visibility on more than £150m of development and trading gains in the next three years from existing projects alone.

Peter Williams, Chairman, U+I said: “We are delighted to welcome Ros Kerslake to U+I and have no doubt that she will be an invaluable addition to our Board. Ros brings additional expertise in property and public/private regeneration as well as skills in dealing with the public and voluntary sector. Her experience is highly relevant to U+I as we continue to deliver positive changes to the communities in which we work and long term value to our shareholders.”

Ros Kerslake, said: “I am looking forward to joining the Board of U+I as a Non-Executive Director. This is an exciting company with a creative approach to regeneration. I very much look forward to supporting U+I’s focus on delivering sustainable social and economic improvements for the benefit of all.”

For more information : http://www.uandiplc.com

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