Appointment of Director
Walls & Futures REIT plc (Ticker: WAFR), the Ethical Housing Investor and Developer, is pleased to announce the appointment with effect from 6 September 2023 of Mr Ross Taylor as a Non-Executive Director of the Company. Mr Taylor joins the Board of Directors as a representative of the Company’s new strategic partner Vengrove, as set out in the Company’s announcement of 6 February 2023 and subsequent general meeting. Vengrove currently holds 250,000 ordinary shares of 5 pence each in the capital of the Company (“Ordinary Shares”). This equates to approximately 6.66% of the issued Ordinary Shares.
Mr Taylor is the Chief Executive Officer of Vengove, where he is responsible for its overall business including its portfolio management and investor relations activities. His career began at King Sturge in the business space investment team. He then spent four years at Legal & General Property with the transaction team, representing the investment activity of its funds. He founded Vengrove in 2013, which subsequently has invested more than £850m of asset value and developed £350m of gross development value.
Joe McTaggart, Chief Executive Officer, commented, “I’m delighted to welcome Ross as the newest member of our board and look forward to working with him and benefiting from his experience and expertise to complete our ongoing transformation to deliver growth and dividends.”
For further information, contact:
Walls & Futures REIT PLC 0333 700 7171
Joe McTaggart, Chief Executive
Allenby Capital Limited (Corporate Adviser)
Nick Harriss/James Reeve 020 3328 5656