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intu Properties Plc Appoint CFO with extensive & highly relevant experience of refinancing

intu Properties Plc (LON:INTU) today announced that Robert Allen has been appointed as intu’s Chief Financial Officer with effect from Monday, 10 June 2019.

Robert served as Group Chief Financial Officer of Crest Nicholson Plc for two years until 2018. From 1998 to 2016, he held a number of senior finance roles at British American Tobacco Plc including Regional Finance Controller EEMEA from 2012 to 2016 and Head of Corporate Finance and Group Treasurer from 2009 to 2012. He commenced his career at Coopers & Lybrand in 1993 until 1996 and carried out a corporate finance M&A role at Charterhouse Bank from 1996 to 1998. Robert is a qualified chartered accountant.

Matthew Roberts, Chief Executive of intu, said “I am delighted that Robert is joining us. He will bring to intu his extensive and highly relevant experience of refinancings, M&A, treasury, IT and investor relations, helping drive our strategy of delivering strong underlying centre performance, adapting to the fast-changing retail environment and making smart use of capital.

“I would also like to take this opportunity to thank Barbara Gibbes for undertaking this role on an interim basis.”

Robert does not own any shares in intu and there are no other matters required to be disclosed in relation to the FCA Listing Rules.

Barbara Gibbes who has been acting as interim CFO will resume her duties as Director of Finance with effect from 10 June 2019, reporting to Robert.