Watkin Jones appoints Alan Giddins to its Board as Non-Executive director and Chair-designate

– UK, Gwynedd –  Watkin Jones plc (LON: WJG) today announced the appointment of Alan Giddins to its Board as a non-executive director and Chair-designate with immediate effect.

As part of its long-term Board succession planning, Grenville Turner had given notice of his intention to retire as Chair during 2021.

It is intended that Grenville will step down from the Board in October 2021 and that Alan will take over as Chair, having allowed time for an orderly handover.

Grenville Turner, Chair said: “We are delighted to welcome Alan and Sarah to the Board. Alan brings considerable expertise particularly in guiding companies through the execution of their growth strategies and Sarah brings significant financial and operational experience working in complex businesses. Their experience will be invaluable to Watkin Jones as we continue to grow the business.”

About Alan Giddins

Alan Giddins is currently Chair of Hill & Smith Holdings PLC, the FTSE 250 international group creating sustainable infrastructure and safe transport solutions, having joined in October 2017 as the Senior Independent Director, before assuming the role of Chair in October 2019. Alan is also a non-executive director and investment committee member of Big Society Capital Limited, the UK’s largest social impact-led investor.

Alan brings a wealth of board, investment, and ESG experience, having been Managing Partner and Global Head of Private Equity at 3i Group plc, and sat on the boards of several 3i’s largest private equity investments. Before joining 3i in 2005, Alan spent 13 years in investment banking advising a broad range of quoted companies. He qualified as a chartered accountant and has a degree in economics.

About Watkin Jones

Watkin Jones is the UK’s leading developer and manager of residential for rent, with a focus on the build to rent and student accommodation sectors. The Group has strong relationships with institutional investors, and a reputation for successful, on-time delivery of high-quality developments. Since 1999, Watkin Jones has delivered 43,000 student beds across 130 sites, making it a key player and leader in the UK purpose-built student accommodation market. In addition, Fresh, the Group’s specialist accommodation management business, manages over 20,000 student beds and build to rent apartments on behalf of its institutional clients. Watkin Jones has also been responsible for over 80 residential developments, ranging from starter homes to executive housing and apartments. The Group is increasingly expanding its operations into the build to rent sector.

The Group’s competitive advantage lies in its experienced management team and business model, which enables it to offer an end-to-end solution for investors, delivered entirely in-house with minimal reliance on third parties, across the entire life cycle of an asset.

Watkin Jones was admitted to trading on AIM in March 2016 with the ticker WJG.L.

For more information: https://www.watkinjonesplc.com

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