Appointment of Non-Executive Director

15 April 2021

McKay Securities Plc ("McKay")

Appointment of Non-Executive Director

McKay Securities Plc ("McKay" or "the Company"), the only UK REIT specialising entirely in the South East and London office, industrial and logistics markets, announces the appointment of Helen Sachdev as a Non-Executive Director with immediate effect. Helen will also become a member of the Nomination, Remuneration and Audit & Risk committees supporting Board succession planning.

Helen brings over 30 years of real estate and commercial experience following senior roles in a number of blue chip organisations including Tesco; the retail banking division of Barclays, where she developed its multi-channel strategy; and estate agent Marsh and Parsons, for which she was COO.

She also has extensive Board experience and is currently Chair of the Loughborough Building Society and a Non-Executive Director of Wilmington PLC. Previous Non-Executive Director roles have included Communisis PLC, Athelney Trust PLC, Optivo Housing Association and Genesis Housing Association. Helen is also a qualified accountant (FCMA).

Commenting, Richard Grainger, Chairman of McKay, said: "I am pleased to welcome Helen to the Board. She has considerable experience gained from a range of sectors, including real estate, and has also been involved in significant business transformation and change. Her knowledge and experience will be very helpful as we all emerge from the current pandemic."

There are no further matters in connection with this appointment to be disclosed under Listing Rule 9.6.13.

For further information, please contact:

McKay Securities Plc FTI Consulting

Simon Perkins, CEO Dido Laurimore, Talia Jessener

Giles Salmon, CFO 0203 727 1000

0118 950 2333 [email protected]

About McKay Securities

McKay Securities Plc is a commercial property investment company with Real Estate Investment Trust (REIT) status, listed on the main market of the London Stock Exchange. It specialises in the development and refurbishment of office, industrial and logistics buildings within proven markets of South East England and London. The portfolio at 30 September 2020 comprised 33 properties, valued at £438.9 million, located in established areas, predominantly along the M4 corridor, where McKay has deep expertise, with a focus on growing satellite towns benefitting from strong connectivity to London and robust demand amongst leading occupiers. 

www.mckaysecurities.plc.uk