Glenveagh Properties plc announced that, having considered the corporate governance arrangements of the Company, the Board has approved the separation of the Remuneration and Nomination Committee into two new committees. The Company will establish a Remuneration Committee and, separately, a Nomination Committee, in place of the existing Remuneration and Nomination Committee with effect from 9 October 2020. The Remuneration Committee will be chaired by Richard Cherry, who has served as Chair of the existing Remuneration and Nomination Committee since his appointment at IPO. Pat McCann will assume the role of Chair of the Nomination Committee. Composition of Remuneration committee: Richard Cherry (Chair), Cara Ryan and Pat McCann as its members. Composition of Nomination committee: Pat McCann (Chair), Cara Ryan, Robert Dix and Cara Ryan as its members.