REG - Trafalgar PropertyGp - Board Appointment

Trafalgar PropertyAnnouncement

11/05/2022 07:00

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RNS Number : 0065L  Trafalgar Property Group PLC  11 May 2022

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11 May 2022

 

TRAFALGAR PROPERTY GROUP PLC

("Trafalgar", the "Company" or "Group")

Board Appointment

Trafalgar is pleased to announce the appointment of Dr Paul Francis Challinor
as an Executive Director, with immediate effect. Dr Challinor is a renowned
and respected, early-stage pioneer and executive manager who specialises in
the construction and management of indoor hydroponic vertical farming
facilities and in the food security sector.

 

Dr Challinor together with Gary Thorneycroft, Trafalgar's Chief Financial
Officer, were co-founders of Jones Food Company (JFC), which owned and
operated, at the time, one of the largest vertical farms in Europe. A majority
stake in JFC was subsequently sold to Ocado in 2019.

 

Commenting on the appointment of Dr Challinor, Paul Treadaway, Managing
Director of Trafalgar said:

 

"We view Paul's appointment as the key step in the development of Trafalgar's
long-planned hydroponic division as he is a UK pioneer in this high growth
market.

 

The Board believes Paul's appointment which has been in negotiation for some
time, will help Trafalgar to re-invigorate its hydroponics strategy.  Paul's
experience and expertise together with that of Gary Thorneycroft, will greatly
assist Trafalgar in realising its aspirations to design, fit out, build and
where appropriate even operate hydroponic assets."

 

Further information in relation to Dr Paul Challinor:

 

Save for the information above and below, there are no further disclosures to
be made in accordance with Rule 17, Schedule 2(g) of the AIM Rules for
Companies in respect of the appointment of Dr Paul Challinor.

 

In addition to his appointment to the Board, Dr Paul Challinor, aged 61, holds
or has held the following directorships or partnerships in the past five
years:

 

 Current directorships                   Previous directorships
 May Barn Horticultural Consultancy Ltd  Jones Food Company Limited
 Cheshire Botanicals Ltd

 

Dr Challinor does not hold any shares in the Company.

 

There is no further information required to be disclosed in respect of the
above appointment pursuant to Rule 17 and Schedule 2(g) of the AIM Rules for
Companies.

 

Enquiries:

 

 Trafalgar Property Group plc                             +44 (0) 1732 700 000

 James Dubois

 SPARK Advisory Partners Limited - AIM Nominated Adviser  +44 (0) 203 368 3550

 Matt Davis

 Peterhouse Capital Limited - Broker

                                                          +44 (0) 20 7409 0930
 Duncan Vasey/Lucy Williams

 

 

Notes to Editors:

 

Trafalgar Property Group plc

 

For further information visit    www.trafalgarproperty.group
(http://www.trafalgarproperty.group/)

 

 

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