Walls & Futures REIT PLC: Appointment of Director

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310.

7 September 2023

WALLS & FUTURES REIT PLC

 (“Walls & Futures” or the “Company”)

Appointment of Director

Walls & Futures REIT plc (Ticker: WAFR), the Ethical Housing Investor and Developer, is pleased to announce the appointment with effect from 6 September 2023 of Mr Ross Taylor as a Non-Executive Director of the Company.  Mr Taylor joins the Board of Directors as a representative of the Company’s new strategic partner Vengrove, as set out in the Company’s announcement of 6 February 2023 and subsequent general meeting.  Vengrove currently holds 250,000 ordinary shares of 5 pence each in the capital of the Company (“Ordinary Shares”).  This equates to approximately 6.66% of the issued Ordinary Shares.

Mr Taylor is the Chief Executive Officer of Vengove, where he is responsible for its overall business including its portfolio management and investor relations activities.  His career began at King Sturge in the business space investment team.  He then spent four years at Legal & General Property with the transaction team, representing the investment activity of its funds.  He founded Vengrove in 2013, which subsequently has invested more than £850m of asset value and developed £350m of gross development value.

Joe McTaggart, Chief Executive Officer, commented, “I’m delighted to welcome Ross as the newest member of our board and look forward to working with him and benefiting from his experience and expertise to complete our ongoing transformation to deliver growth and dividends.”

For further information, contact:

Walls & Futures REIT PLC                                                 0333 700 7171     

Joe McTaggart, Chief Executive

Website www.wallsandfutures.com

Allenby Capital Limited (Corporate Adviser)                               

Nick Harriss/James Reeve     020 3328 5656

Disclosure of Information Required Under Rule 4.9 of the AQSE Growth Market Access Rulebook

Full name - Ross William Hitchen Taylor

Age - 40

Ordinary Shares held – Nil in own name.  Mr Taylor controls the Vengrove group of companies which holds 250,000 Ordinary Shares.

Current Directorships

PENSWICK INVESTMENTS LIMITED (07893348)

VEN2 LIMITED (09702116)

VEN4 LIMITED (09791095)

VENGROVE REAL ESTATE INVESTMENT LIMITED (09919314)

VENGROVE REAL ESTATE MANAGEMENT LIMITED (09919319)

VENGROVE REAL ESTATE DEVELOPMENT (10845980)

FULSHAW PARTNERS II LLP (OC418006)

VENGROVE GROUP LIMITED (11114627)

VENGROVE REAL ESTATE DEVELOPERS LIMITED (11160541)

CL UK RE 2 LTD (11366213)

UK INDUSTRIALS LTD (11314338)

UK INDUSTRIALS 2 LIMITED (11554832)

FULSHAW PARTNERS VII LLP (OC427311)

VREVP (KARMA) LIMITED (12636083)

BEYOND APARTMENTS OPCO LIMITED (13461906)

VREIP (SEAHAM) LIMITED (137651) - Jersey

VREIP (STOKE) LIMITED (137710) - Jersey

VRE INDUSTRIAL PARTNERS LIMITED (137656) - Jersey

VRE INDUSTRIAL HOLDING LIMITED (137650) – Jersey

HYPERION HOUSING LIMITED (13747299)

VREIP (SHEFFIELD) LIMITED (139422) - Jersey

VREIP (ECCLES) LIMITED (139421) - Jersey

VRESHP V LIMITED (13779968)

VRESHP IV LIMITED (13613863)

VRESHP III LIMITED (12793593)

VRESHP II LIMITED (13616492)

VRESHP I LIMITED (13551983)

VRESHP (SPECIALIST SUPPORTED) LIMITED (13385339)

VRESHP (HOMELESSNESS) LIMITED (13386519)

VRESHP (AFFORDABLE) LIMITED (13386483)

VREIP (PARK ROYAL) LIMITED (141949) - Jersey

VREIP (READING) LIMITED (142050) - Jersey

VREIP (PRESTON) LIMITED (143905) - Jersey

VREIP (TRAFFORD PARK) LIMITED (143902) - Jersey

VENGROVE SI-REIT ADVISORS LIMITED (14338142)

PERWEST MANAGEMENT COMPANY LIMITED (06638787)

STERLING COURT RTM COMPANY LIMITED (13510924)

BAILEYGATE RTM COMPANY LIMITED (13520042)

CULLINGWORTH SCHOOL MANAGEMENT COMPANY LIMITED (08323433)

BROAD OAKS RTM COMPANY LIMITED (13523800)

SB RTM COMPANY LIMITED (13005769)

THE AVENUES RTM COMPANY LIMITED (12925275)

PR8 MANAGEMENT COMPANY LIMITED (11450187)

VRE MLI HOLDCO LIMITED (148539) - Jersey

VRE MLI (ERDINGTON) LIMITED (148545) – Jersey

Former Directorships

VRESHP (SPECIALIST SUPPORTED) LIMITED (13385339)

VRESHP (HOMELESSNESS) LIMITED (13386519)

VRESHP (AFFORDABLE) LIMITED (13386483)

VRESHP I LIMITED (13551983)

VRESHP III LIMITED (12793593)

VRESHP IV LIMITED (13613863)

VRESHP II LIMITED (13616492)

SMITHFIELD INVESTMENTS LIMITED (09599972)

VEN1 LIMITED (09629091)

VEN3 LIMITED (09749050)

VEN5 (MUSIC BOX) LIMITED (10010003)

VEN6 (WHARF ROAD) LIMITED (10055664)

N.B.P. MANAGEMENT LIMITED (01819249)

VENGROVE (WHARF ROAD) LIMITED (09579392)

FULSHAW PARTNERS LLP (OC416856)

SGVG (SALFORD) LIMITED (10859399)

FULSHAW PARTNERS III LLP (OC422950)

UK INDUSTRIALS 3 LIMITED (11639597)

UKRW LIMITED (12358090)

CLVG UK LIMITED (12403878)

VRESHP I (CANTERBURY) LIMITED (12857390)

VRESHP (H4A) LIMITED (13386197)

THE KARMA COKITCHEN LIMITED (10661910)

A1SH (CANTERBURY) LIMITED (13488505)