News Archive

Appointment of Non-Executive Directors

St Modwen Properties PLC, the regeneration specialist, is today pleased to announce the appointment of Simon Clarke and Paul Rigg as non-executive Directors of the Company. The appointments will take effect from 12 October and 1 November respectively.

Simon Clarke (39) is Deputy Chairman of Northern Racing PLC and a Director and the Vice-Chairman of the Racecourse Association. Following the recent death of his father, Sir Stanley Clarke, the founder and former Chairman of St Modwen, Simon will represent the continuing interests of the Clarke and Leavesley families on the board. He is the beneficial owner of 1,559,332 (1.3%) of the ordinary shares of the company.

Paul Rigg (58) has recently retired from the role of Chief Executive of West Sussex County Council, where he spent 14 years in a variety of roles including Treasurer and Commercial Director. He was previously a member of the Court and Council of the University of Sussex, and a Board member of Sussex Enterprise, Business Link (Sussex), and West Sussex Economic Partnership. He is a Fellow of the Royal Society of the Arts, and has recently been appointed a Deputy Lieutenant for West Sussex. He has played prominent roles as an adviser to the Government, on local government reorganisation, on community planning, on the implementation of the Raynor Reviews, and as a member of the e-Government Board, advising the Deputy Prime Minister.

Commenting on the appointments, Anthony Glossop, Chairman of St Modwen Properties PLC said:

“I am delighted to welcome Paul and Simon to St Modwen Properties. Simon will represent the Clarke and Leavesley families, the Company’s largest shareholders, on the Board. Paul’s extensive experience of local authorities, and his expertise in public sector finance and administration, will be of particular benefit as the Company continues to pursue opportunities to work in partnership with the public sector.”

For further information contact:

St. Modwen Properties PLC

Anthony Glossop, Chairman

Bill Oliver, Chief Executive

0121 456 2800

Weber Shandwick Square Mile

Kevin Smith / Sarah MacLeod

0207 067 0700

(There are no matters to be disclosed pursuant to paragraphs 6.F.2 (b) to (g) and paragraphs 16.4 and 16.5 of the Listing Rules of the UK Listing Authority.)