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Verdion Celebrates Topping-Out Ceremony for Siemens Manufacturing Plant in Chemnitz Germany

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Verdion, the specialist European logistics property investor and developer, has celebrated the topping out of Siemens’ 376,749 sq ft (35,000 sq m) logistics and production facility in Chemnitz, Germany with a traditional ‘Richtfest’ ceremony.

Among the 170 guests in attendance were representatives from Verdion and Siemens AG, which will occupy the bespoke facility, along with key people from the city of Chemnitz, the general contractor Max Bögl and – as is synonymous with a German Richtfest – more than 100 members of the construction team.

After a welcoming speech from André Banschus, Verdion’s Country Manager: Germany, the general foreman of Max Bögl, dressed in traditional attire lifted the crown to celebrate this important stage in construction.

Work on the €30 million project is progressing well. Since the start of construction in October 2013, around 140,000 tonnes of earth have been moved and 1,450 precast concrete parts built; 15,000 m² of wall panels have been installed; 28,500 m² of roof covered and; 10,000 m3 of concrete poured.

André Banschus says: “I am very impressed with the quality and speed of work from our contractors at this important facility. At the same time I am proud that Verdion was selected by highly renowned companies such as Siemens as a partner for the planning, financing and development of this important facility which is on track for completion in August this year.”

The next phase of construction is the interior fit out and the completion of the outdoor facilities.

Siemens, the multinational engineering and electronics conglomerate, has been located in this region for 110 years and already operates systems engineering facilities at four locations in Chemnitz. This new facility will allow the firm to bring some of the smaller production units together under one roof.

Chemnitz is in a central location with excellent transport connections to major German cities as well as to Poland and the Czech Republic. Since the year 2000 the city has ranked among the top 10 German cities in terms of economic growth.

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Notes to editors

Photo: Pictured from left to right are: Michael Catford (HOOPP), Mike Hughes (Verdion), Nick Macrae (HOOPP) and Chris Holtved (HOOPP).

Verdion is a major real estate investor and developer with a specialist focus on logistics warehousing in mainland Europe. Its current development pipeline exceeds 10 million sq ft (929,000 sq m) of Grade A warehouse space across the Continent. The company has offices in Dusseldorf and London. Formerly known as Helios Europe, Verdion was formed in January 2010 by Michael Hughes.

Verdion has the exclusive mandate from the Healthcare of Ontario Pension Plan (HOOPP) for all direct investments in European logistics property. HOOPP is one of the largest and most successful defined pension plans in Canada with 274,858 active members and pensioners and $47.4bn in assets available for pensions.

The partnership is currently working together to develop Verdion’s Logistics schemes in the UK, Germany and Scandinavia, including the Siemens facility in Chemnitz, Germany, the 3PL facility Denmark and the 6 million sq ft (557,400 sq m) rail logistics project iPort in Doncaster, UK.

For further information, please contact:

Mike Hughes, Verdion Tel: +44 (0)20 7193 9557
Kate Titchmarsh, Flashbulb Tel: +44 (0)20 3440 4116

Verdion and HOOPP fly into Doncaster for iPort Development Update

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Representatives from Verdion and its funding partner the Healthcare of Ontario Pension Plan (HOOPP) were in Doncaster this week to check out progress on site at iPort, their 6 million sq ft (570,000 sq m) Strategic Rail Freight Interchange (SRFI) scheme.

Michael Catford, HOOPP’s Vice President, Real Estate, Mike Hughes (Verdion), Nick Macrae (HOOPP) and Chris Holtved (HOOPP) took a tour of the 337 acre (136 hectare) development site and were extremely pleased with the progress.

Construction of the Finningley and Rossington Regeneration Route Scheme (FARRRS) is well underway and ahead of schedule. This new link road will connect iPort to junction 3 of the M18 by September 2014 and will then continue to the Doncaster Sheffield Robin Hood Airport, due for completion in early 2016.

Michael Catford, commented: “We are extremely pleased and impressed with the progress the council is making with FARRRS which is pushing ahead at full steam. The link road is the catalyst to the start of development at iPort and this connectivity by road, as well as rail and port makes this location a very attractive offer.”

Michael Hughes, Chief Executive Officer of Verdion, added: “Doncaster has been acknowledged for some years now as a premier central UK location for the distribution business and we look forward to delivering a premier scheme.”

Inland Port (iPort) is a Strategic Rail Freight Interchange (SRFI) which will deliver over 6 million sq ft (570,000 sq m) of Grade A logistics warehousing linked with a high specification rail freight intermodal container facility providing rail freight services with continental gauge clearance to all major UK ports and the Channel Tunnel.

The current proposals are for six large footprint buildings from 1 million sq ft (92,900 sq m), each with high bay facilities of up to 35 metres permitted.

iport_site_visit_doncaster_hoopp_verdion_aerial

Peter Dale, Doncaster Council’s Director of Regeneration and Environment, said: “The investment of both HOOPP and Verdion in iPort is a massive endorsement for Doncaster. FARRRS is the catalyst for huge levels of new inward investment which will see projects delivered that create thousands of new jobs and homes. Doncaster is making great strides and the outlook for the Doncaster and Sheffield City Region economies is looking extremely positive. Doncaster has much to look forward to.”

Further information on FARRRS is available at www.doncaster.gov.uk/FARRRS

For more information on iPort visit www.iPortuk.com.

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Notes to editors

Photo: Pictured from left to right are: Michael Catford (HOOPP), Mike Hughes (Verdion), Nick Macrae (HOOPP) and Chris Holtved (HOOPP).

Verdion is a major real estate investor and developer with a specialist focus on logistics warehousing in mainland Europe. Its current development pipeline exceeds 10 million sq ft (929,000 sq m) of Grade A warehouse space across the Continent. The company has offices in Dusseldorf and London. Formerly known as Helios Europe, Verdion was formed in January 2010 by Michael Hughes.

Verdion has the exclusive mandate from the Healthcare of Ontario Pension Plan (HOOPP) for all direct investments in European logistics property. HOOPP is one of the largest and most successful defined pension plans in Canada with 274,858 active members and pensioners and $47.4bn in assets available for pensions.

The partnership is currently working together to develop Verdion’s Logistics schemes in the UK, Germany and Scandinavia, including the Siemens facility in Chemnitz, Germany, the 3PL facility Denmark and the 6 million sq ft (557,400 sq m) rail logistics project iPort in Doncaster, UK.

For further information, please contact:

Mike Hughes, Verdion Tel: +44 (0)20 7193 9557
Kate Titchmarsh, Flashbulb Tel: +44 (0)20 3440 4116

Verdion Opens New German Office HQ in Expansion Drive

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Logistics property investor and developer Verdion is expanding its team in Germany and moving to prestigious new offices at the Dusseldorf Airport City business park.

Verdion’s existing Dusseldorf office was opened in April 2012, headed by Country Manager (Germany) Andre Banschus. Andre and his team will be joined by: Chief Technical Officer, Peter Peeters; Technical Director Germany, Marc Haverkamp and; Project Assistant Anieke Thomassen.

The new office meets the needs of the Company’s continued growth and the necessary up-scaling of executive staff and resources. Verdion will close its Vienna office as the company expands its principal activities in core Central and Western European markets.

Michael Hughes, CEO of Verdion, comments: “From a standing start in 2010, Verdion has sourced and built an exceptional portfolio of developed assets and strategic development sites and a significant part of the business pipeline is in Germany. While Vienna suited us strategically at the start of the business, it now makes absolute sense to focus our mainland European operational base in Germany.”

Verdion is currently developing approximately 5 million sq ft (464,500 sq m) of high-quality logistics warehousing across Germany, Verdion is also working in Scandinavia with a 161,400 sq ft (15,000 sq m) project being developed in Denmark for one of the world’s largest 3PLs.

Michael adds: “We are continuing to look for further opportunities to acquire strategic land and develop high quality logistics facilities in core European markets, principally the UK, Germany and Scandinavia. Our attention to technical excellence makes us the ideal development and investor partner for e-tailers, retailers, large-scale manufacturers and the 3PLs that serve these core clients.”

John Clements, European Development Director, previously based in Vienna has moved to Verdion’s HQ office in London where he will be focussing on iPort, Verdion’s £400 million Strategic Rail Freight Interchange development in Doncaster, Yorkshire.

Verdion has also expanded its pan- European team with the appointment Ulrike Klein as Executive Assistant to CEO Michael Hughes.

The new German office address is:

Verdion GmbH
Airgate – Airport City
Peter-Mueller-Strasse 10
40468 Dusseldorf
T. +49 211 54 20 20

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Notes to editors

Verdion is a major real estate investor and developer with a specialist focus on logistics warehousing in mainland Europe. Its current development pipeline exceeds 10 million sq ft (929,000 sq m) of Grade A warehouse space across the Continent. The company has offices in Dusseldorf and London. Formerly known as Helios Europe, Verdion was formed in January 2010 by Michael Hughes.

Verdion has the exclusive mandate from the Healthcare of Ontario Pension Plan (HOOPP) for all direct investments in European logistics property. HOOPP is one of the largest and most successful defined pension plans in Canada with 274,858 active members and pensioners and $47.4bn in assets available for pensions.

The partnership is currently working together to develop Verdion’s Logistics schemes in the UK, Germany and Scandinavia, including the Siemens facility in Chemnitz, Germany, the 3PL facility Denmark and the 6 million sq ft (557,400 sq m) rail logistics project iPort in Doncaster, UK.

For further information, please contact:

Mike Hughes, Verdion Tel: +44 (0)20 7193 9557
Kate Titchmarsh, Flashbulb Tel: +44 (0)20 3440 4116

Mipim 2014 Save The Date

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Verdion is proud to sponsor the Shedmaster’s reception “Those who Cannes, Do!” for senior decision makers within the industrial sector in Cannes during MIPIM 2014.

For more information please visit: http://www.shedmasters.net/

Mike Hughes, Verdion – Tel: +44 (0)20 7193 9557

Ground Breaking at Strategic Denmark Logistics Facility

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A ground-breaking ceremony was held this month at Verdion’s new logistics development in Greve, Denmark.

The strategically located 10 acre (4 hectare) site was acquired by Verdion to develop 161,400 sq ft (15,000 sq m) of Grade A logistics warehousing with further future expansion options available. The scheme is let to the world’s largest logistics provider and is being developed to service the storage and distribution needs for a third party – one of the world’s largest healthcare companies and the largest company in the Nordics by market capitalisation.

The facility will provide the very highest Grade A specification, with industry leading technology, operating as a strategic global logistics hub. Completion is scheduled for early Q4 2014.

The scheme has an investment value in excess of €25 million.

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Notes to editors:

Verdion
Verdion is a major real estate investor and developer with a specialist focus on logistics warehousing in mainland Europe. Its current development pipeline exceeds 10 million sq ft (929,000 sq m) of Grade A warehouse space across the Continent. The company has offices in Dusseldorf and London. Formerly known as Helios Europe, Verdion was formed in January 2010 by Michael Hughes.

Verdion has the exclusive mandate from the Healthcare of Ontario Pension Plan (HOOPP) for all direct investments in European logistics property. HOOPP is one of the largest and most successful defined pension plans in Canada with 274,858 active members and pensioners and $47.4bn in assets available for pensions.

The partnership is currently working together to develop Verdion’s Link Logistics schemes in Germany, the Siemens facility in Chemnitz, Germany, the 6 million sq ft (557,400 sq m) rail logistics project iPort in Doncaster, UK and Verdion’s additional development pipeline of some 5 million sq ft (465,000 sq m).

For further information, please contact:

Mike Hughes, Verdion – Tel: +44 (0)20 7193 9557
Kate Titchmarsh, Flashbulb – Tel: +44 (0)20 3440 4116

Verdion Appoints Letting Agents for its 6 million sq ft iPort Logistics Scheme

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Verdion has appointed Gent Visick, CBRE and Cushman & Wakefield as letting agents for iPort, its £400 million Inland Port project in Rossington near Doncaster, marking the official start of marketing for one of UK’s largest logistics developments.

Inland Port (iPort) is a Strategic Rail Freight Interchange (SRFI) which will deliver over 6 million sq ft (570,000 sq m) of Grade A logistics warehousing linked with a high specification rail freight intermodal container facility providing rail freight services with continental gauge clearance to all major UK ports and the Channel Tunnel.

Logistics developer and investor Verdion, with backing from its funding partner the Healthcare of Ontario Pension Plan (HOOPP), is developing the scheme on a 700 acre (283 hectare) site in Rossington, Doncaster. Enabling works commenced in November 2013 with the start of the Finningley and Rossington Regeneration Route Scheme (FARRRS) – the link road which will serve the scheme.

iport_agents_UK

The current proposals are for six large footprint buildings from 1 million sq ft (92,900 sq m), each with high bay facilities of up to 35 metres permitted.

Michael Hughes, CEO of Verdion, comments: “This Strategic Rail Freight Interchange will offer the very best in UK and European logistics design and building quality. The letting agents have been selected for a strong combination of both expert local market knowledge and unrivalled client relationships with Europe’s largest retailers, E-tailers and logistics companies.”

Andrew Gent of the Leeds based industrial property specialists Gent Visick said: “We are excited to be involved in a scheme which not only will have a major impact on the Yorkshire logistics market but also has significant implications for the wider UK logistics sector.”

The first buildings will be available for occupation from as early as Q1 2015.

Mayor of Doncaster, Ros Jones, said: “This is an important milestone for the Inland Port. This project will deliver huge benefits for both the borough and Sheffield City Region. Jobs and growth are top priorities for me and FARRRS will stimulate the economy around the airport and in Rossington itself through inward investment in new businesses and homes.”

Sustainability is integral to the development, with 300 acres set aside for mitigation, wildlife conservation and landscape betterment. Buildings will be designed to maximise energy efficiency and use renewable, reclaimed and recycled materials wherever possible. Logistics Buildings will achieve BREEAM Very Good accreditation and Excellent accreditation for their office facilities.

Further information can be found iPort’s official website http://www.iportuk.com/.

-ends-

Notes to editors:

Verdion
Verdion is a major real estate investor and developer with a specialist focus on logistics warehousing in mainland Europe. Its current development pipeline exceeds 10 million sq ft (929,000 sq m) of Grade A warehouse space across the Continent. The company has offices in Dusseldorf and London. Formerly known as Helios Europe, Verdion was formed in January 2010 by Michael Hughes.

Verdion has the exclusive mandate from the Healthcare of Ontario Pension Plan (HOOPP) for all direct investments in European logistics property. HOOPP is one of the largest and most successful defined pension plans in Canada with 274,858 active members and pensioners and $47.4bn in assets available for pensions.

The partnership is currently working together to develop Verdion’s Link Logistics schemes in Germany, the Siemens facility in Chemnitz, Germany, the 6 million sq ft (557,400 sq m) rail logistics project iPort in Doncaster, UK and Verdion’s additional development pipeline of some 5 million sq ft (465,000 sq m).

About FARRRS
The three mile stretch of road will include a dual carriageway from Junction 3 of the M18 (Doncaster) towards Rossington to support the Inland Port. The link will continue as a single carriageway to the A638, connecting the Doncaster Sheffield Aiport, and a direct connection will be provided into Rossington.

The first section of the road required to service the Inland Port is to be delivered to a 52 week programme. This tight deadline has been put into place to enable the opening of the Inland Port in early 2015.

For further information, please contact:

Mike Hughes, Verdion – Tel: +44 (0)20 7193 9557
Kate Titchmarsh, Flashbulb – Tel: +44 (0)20 3440 4116

Verdion secures leading global logistics provider for Copenhagen pre-let

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Logistics property investor and developer Verdion has secured a pre let to the world’s largest logistics providers for a high quality warehouse and distribution facility in Greve, Denmark – a strategically located and established logistics hub for Copenhagen and the wider Nordic markets. The scheme has an investment value in excess of €25 million.

A 10 acre (4 hectare) site has been acquired by Verdion to develop 161,400 sq ft (15,000 sq m) of Grade A logistics warehousing with further future expansion options available. The scheme is being developed to service the storage and distribution needs for a third party – one of the world’s largest healthcare companies and the largest company in the Nordics by market capitalisation. The facility will provide the very highest Grade A specification, with industry leading technology, operating as a strategic global logistics hub.

Construction has begun on site, with delivery of the completed facility scheduled for early Q4 2014.

Mike Hughes, CEO of Verdion, says: “To be entrusted to design, finance and develop this important facility for global clients reinforces Verdion’s reputation for strength and professionalism in the European logistics market. We have an experienced platform in Scandinavia and this latest leasing reflects our strong confidence in the Nordic market.”

Cushman and Wakefield Corporate Finance advised Verdion and its funding partner HOOPP.

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Notes to editors:

Verdion

Verdion is a major real estate investor and developer with a specialist focus on logistics warehousing in mainland Europe. Its current development pipeline exceeds 10 million sq ft (929,000 sq m) of Grade A warehouse space across the Continent. The company has offices in Dusseldorf and Vienna, with its HQ in London. Formerly known as Helios Europe, Verdion was formed in January 2010 by Michael Hughes.

Verdion has the exclusive mandate from the Healthcare of Ontario Pension Plan (HOOPP) for all direct investments in European logistics property. HOOPP is one of the largest and most successful defined pension plans in Canada with 274,858 active members and pensioners and $47.4bn in assets available for pensions.

The partnership is currently working together to develop Verdion’s Link Logistics schemes in Germany, the Siemens facility in Chemnitz, Germany, the 6 million sq ft (557,400 sq m) rail logistics project iPort in Doncaster, UK and Verdion’s additional development pipeline of some 5 million sq ft (465,000 sq m).

For further information, please contact:

Kate Titchmarsh, Flashbulb PR
Tel. +44 (0)20 3440 4116
kate@the-flashbulb.com

John Clements, Verdion (Vienna)
Tel: +431 533 6020

Verdion (London)
Tel. +44 2071939557
info@verdion.com

Verdion secures €30million Siemens Project

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Logistics property investor and developer Verdion has secured a pre let to Siemens AG for a bespoke logistics and light production facility in Chemnitz, eastern Germany. The scheme has an end value of €30million.

A 21 acre (8.5 hectare) site has been acquired by Verdion to develop 376,749 sq ft (35,000 sq m) of warehouse and light production accommodation for Siemens. The multinational engineering and electronics conglomerate already operates systems engineering facilities at four locations in Chemnitz. This new development will allow Siemens to bring some of the smaller production units together under one roof.

Construction will begin in October 2013 and delivery is scheduled for Q3 2014.

Siemens has had a presence in Chemnitz for over 110 years. Strategically located with excellent transportation links to Germany’s main cities, as well as Poland and Czech Republic, the city has seen a high annual growth in GDP since 2000 and is now within the top 10 German cities in terms of growth. The area has also become a significant manufacturing and engineering hub.

André Banschus, Verdion’s Country Manager: Germany, says: “To be selected to design, finance and develop this important facility for such a prestigious company as Siemens reinforces Verdion’s expertise and strength in the European logistics market.”

The project will be majority financed by Healthcare Of Ontario Pension Plan (HOOPP). BNP Paribas Real Estate represented Siemens and HOOPP was advised by Cushman & Wakefield Corporate Finance.

Notes to editors:

Verdion
Verdion is a major real estate investor and developer with a specialist focus on logistics warehousing in mainland Europe. Its current development pipeline exceeds 10 million sq ft (929,000 sq m) of Grade A warehouse space across the Continent. The company has offices in Dusseldorf and Vienna, with its HQ in London. Formerly known as Helios Europe, Verdion was formed in January 2010 by Michael Hughes.

For further information, please contact:

Kate Titchmarsh, Flashbulb PR
Tel. +44 (0)20 3440 4116
kate@the-flashbulb.com

Verdion (London)
Tel. +44 2071939557
info@verdion.com

FARRRS Link Road Paves The Way For Verdion’s 6 Million Sq Ft Inland Port Doncaster

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Today (14th October 2013) work officially started on site to build the Finningley and Rossington Regeneration Route Scheme (FARRRS) link road that will enable Verdion’s £400 million Inland Port scheme to commence.

Inland Port (iPort) is a Strategic Rail Freight Interchange (SRFI) which will deliver over 6 million sq ft (570,000 sq m) of Grade A logistics warehousing linked with a high specification rail freight intermodal container facility providing rail freight services with Continental gauge clearance to all major UK ports and the Channel Tunnel.

Logistics developer and investor Verdion, with backing from its funding partner the Healthcare of Ontario Pension Plan (HOOPP), is developing the scheme on a 700 acre (283 hectare) site in Rossington, Doncaster. Enabling works will commence in November this year.

Planning permission was secured for iPort in July 2011. The current proposals are for six large footprint buildings from 1 million sq ft (92,900 sq m) each with high bay facilities of up to 35 metres permitted.

Michael Hughes, CEO of Verdion, comments: “This is a tremendously exciting project for us and for the Doncaster region. Doncaster has been acknowledged for some years now as a premier central UK location for the distribution business. Labour supply, proximity to the UK ports and good road connectivity has made it the place of choice for many major companies, including IKEA, BMW, NEXT & B&Q.

“This Strategic Rail Freight Interchange will offer the very best in UK and European logistics design and building quality, with buildings available for occupation from as early as Q1 2015.”

Sustainability is integral to the development, with 300 acres set aside for mitigation, wildlife conservation and landscape betterment. Buildings will be designed to maximise energy efficiency and use renewable, reclaimed and recycled materials wherever possible. Logistics Buildings will achieve BREEAM Very Good accreditation and Excellent accreditation for their office facilities.

Notes to editors:
About FARRRS
The three mile stretch of road will include a dual carriageway from the M18 towards Rossington to support the Inland Port. The link will continue as a single carriageway to the A638 at Parrot’s Corner and a direct connection will be provided into Rossington.

Raised embankments will be used for most of the link road using reclaimed fill material from the former colliery spoil tips, while several structures will be built including crossings over the Brancliffe to Kirk Sandall (BKS) railway line and the East Coast Main Line.

Carillion has been appointed as the main contractor for the scheme which will become fully operational in early 2016.

The first section of the road required to service the Inland Port is to be delivered to a 52 week programme. This tight deadline has been put into place to enable the opening of the Inland Port in early 2015.

The £56 million project is funded by about £34m of private sector contributions:
£18m of funding from the Regional Growth Fund; £3.6m from Doncaster Council, and; £0.4m from the Local Transport Plan (LTP)

Verdion
Verdion is a major real estate investor and developer with a specialist focus on logistics warehousing in mainland Europe. Its current development pipeline exceeds 10 million sq ft (929,000 sq m) of Grade A warehouse space across Europe. The company has offices in Dusseldorf and Vienna, with its HQ in London. Formerly known as Helios Europe, Verdion was formed in January 2010 by Michael Hughes.

HOOPP
Created in 1960, HOOPP is the pension plan of choice for Ontario’s hospital and community-based healthcare sector with over 440 participating healthcare organizations. HOOPP’s 274,000 members include nurses, medical technicians, food services staff and laundry workers, and many other people who work hard to provide valued Ontario healthcare services.

As a defined benefit plan, HOOPP provides eligible members with a retirement income based on a formula that takes into account a member’s earnings history and length of service in the Plan. Once eligible members start receiving a pension, they receive it for life.

HOOPP is governed by a Board of Trustees with representation from the Ontario Hospital Association (OHA) and four unions: the Ontario Nurses’ Association (ONA), the Canadian Union of Public Employees (CUPE), the Ontario Public Service Employees’ Union (OPSEU), and the Service Employees International Union (SEIU). The unique governance model provides representation from both management and workers in support of the long-term interests of the Plan.

For further information, please contact:

Kate Titchmarsh, Flashbulb PR
Tel. +44 (0)20 3440 4116
kate@the-flashbulb.com

Verdion (London)
Tel. +44 2071939557
info@verdion.com