SECURED PROPERTY DEVELOPMENTS PLC - Appointment of new Chairman

SECURED PROPERTY DEVELOPMENTS PLC

Unit 6 ,Orchard Mews ,42 Orchard Road

Highgate,London N6 5TR

Secured Property Developments  plc ("Secured"/"Company")

Secured appoints new Chairman

Secured is pleased to announce the appointment of John Townsend BSc FRICS who joined the Board and was appointed Chairman on 1 October 2015. 

From 2011 until his retirement at the end of 2014, John  worked at CBRE where he had been Executive Director and Head of Auctions  since 2011.

Prior to that  from 1996 to 2011 ,John was Head of the Auction Department at Cushman Wakefield (formerly Healey & Baker ) where he was also appointed a partner in 1997  

Roger Shane  (Interim Chairman) commented:

"We are delighted that John has decided to join us. He has extensive knowledge of the property industry which, together with his experience gained from a wide range of clients, will enable him to make a valuable contribution to the Board and the implementation of our new strategy."

1^st October 2015

R.A.Shane

Director