Helical announced that Matthew Bonning-Snook, Property Director, will succeed Gerald Kaye as Chief Executive of the Company at this year's Annual General Meeting ("AGM") in July. Gerald has informed the Board that, after 30 years with the Company, he will be handing over his executive duties and stepping down from the Board at the 2024 AGM. He will remain as an external consultant having agreed to support on the delivery of the Company's next best-in-class office developments at 100 New Bridge Street, EC4 and Brettenham House, WC2.

Matthew has built a long and successful career at Helical, having joined the business in 1995 and the Board in 2007, and been responsible for delivering a significant number of highly profitable projects. The Board believes he is well placed to lead the business through the next phase of its development programme, which is focused on three over station development ("OSD") schemes in joint venture with TfL's Places for London, at 10 King William Street, EC4, Southwark, SE1 and Paddington, W2, in addition to 100 New Bridge Street, EC4 and Brettenham House, WC2.