LondonMetric Property Plc announced the appointments of Mark Stirling and Valentine Beresford to the Board as Executive Directors with immediate effect. Mark and Valentine were part of the founding team that created Metric Property Investments plc in 2010 and were both Executive Directors of the business prior to its merger with London & Stamford Property Plc in January 2013. Both have been sitting on the Group's Executive Committee since the merger.

The company also announces that in line with what was said at the time of the merger, Patrick Vaughan has announced his intention to step down from his role as Executive Chairman. He will to continue to lead the Board as non-executive Chairman with effect from 30 September 2014 and will remain involved with the company several days a week. Humphrey Price has announced his intention to retire from the Board with effect from 31 March 2015.

Following the announcement of the Group's interim results as at 30 September 2014, his role as Chairman of the Audit Committee will pass to Rosalyn Wilton.