Gatwick Funding Limited Statement regarding CFO (2129E)

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RNS Number : 2129E

Gatwick Funding Limited

04 November 2020

Issuer: Gatwick Funding Limited

Date: 4 November 2020

Gatwick Funding Limited (the "Issuer")

a company incorporated in Jersey (registered number 107376)

Chief Financial Officer Announcement - Gatwick Airport

The Issuer's parent, Gatwick Airport Limited (The Borrower), today announces the resignation of Nick Dunn as Chief Financial Officer of Gatwick Airport.

STATEMENT RELATING TO THE CHIEF FINANCIAL OFFICER - GATWICK AIRPORT

Stewart Wingate, CEO of Gatwick Airport, announces today that after 10 years at the airport, Nick Dunn, Gatwick's Chief Financial Officer, has decided to step down in order to take up a new career opportunity with CityFibre as Chief Financial Officer. Mr Dunn joined Gatwick in April 2010 building up a strong finance team and playing a significant role in the development and growth of the airport over the past 10 years.

Stewart Wingate said:

"I would personally like to thank Nick for all of his efforts at Gatwick. I am proud to have worked closely with him over the past 10 years , especially during the significant changes of recent times, which have been unprecedented in Gatwick's history.

Nick is a strategic thinker and has contributed hugely as part of my team. I wish him the very best of luck and every success with the next stage of his career. We have already commenced the process of finding Nick's successor. In the interim, until a new CFO is appointed Lorenzo Rebel, Deputy CFO will assume overall responsibility of the finance function and will report directly to myself. "

ENDS

Notes to Editors

Further information on Gatwick can be found at www.gatwickairport.com

About Gatwick Airport

Gatwick is the UK's second largest airport and flies a range of both short and long-haul point-to-point services. The airport is a vital piece of the UK's national infrastructure and is also a major driver for both the regional and national economies.

In 2019, a new long-term partnership was formed with VINCI Airports who purchased a 50.01% stake in the airport. This partnership saw Gatwick Airport integrate into the network of VINCI Airports, the leading private airport operator in the world, which manages the development and operation of 45 airports located in Brazil, Cambodia, Chile, Costa Rica, Dominican Republic, France, Japan, Portugal, Serbia, Sweden, the United Kingdom and the United States. Served by more than 250 airlines, VINCI Airports' network handled 255 million passengers in 2019. Through its expertise as a comprehensive integrator, VINCI Airports develops, finances, builds and operates airports, leveraging its investment capability and know-how to optimise the management and performance of airports and carry out extensions and upgrades. In 2019, its annual revenue for managed activities amounted to EUR4.9 billion, for a consolidated revenue of EUR2.6 billion.

Global Infrastructure Partners (GIP), which manages the remaining 49.99% interest in Gatwick, is an independent infrastructure investor that makes equity investments in high quality infrastructure assets in the energy, transport and water/waste sectors. GIP has US$70 billion of Assets under Management. Its 41 portfolio companies operate in over 50 countries.

For more information on VINCI Airports please visit www.vinci-airports.com and for more information on GIP please visit http://global-infra.com

Media enquiries to:

GATWICK AIRPORT PRESS OFFICE

+ 44 (0) 1293 505000

[e-mail]

For further information on Gatwick Airport see www.gatwickairport.com or follow us on Twitter at www.twitter.com/Gatwick_Airport

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November 04, 2020 02:19 ET (07:19 GMT)