The board of ALE Property Group announced that Mr. Andrew Wilkinson will, as previously foreshadowed, stepped down as ALE CEO with effect from 30 September 2020. Mr. Guy Farrands, who was previously announced as CEO elect on 14 May this year will become the CEO of ALE with effect from 1 October 2020. Andrew indicated his intention to step down as CEO after some 16 years in the role and the appointment of Guy Farrands as CEO elect as announced on 14 May 2020. Andrew's six-month notice period will conclude on 31 March 2021.