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NEPI ROCKCASTLE PLC - Changes to the board of directors

2020/05/28 08:30:14

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                    Changes to the board of directors: 
Changes to the board of directors

NEPI Rockcastle plc
Incorporated and registered in the Isle of Man
Registered number 014178V
Share code: NRP
ISIN: IM00BDD7WV31
(“NEPI Rockcastle” or “the Company”)


CHANGES TO THE BOARD OF DIRECTORS


Shareholders are informed that further to the announcement dated 21 February 2020, Mr Desmond de Beer
has retired from the Board of Directors of the Company, effective as of 27 May 2020. Subsequently, Mr
Alan Keith Olivier will no longer act as alternate director.

In order to fill the vacancies resulting from this, the following changes to the Board of Directors and its
committes have been implemented as of 27 May 2020:
   - Mr Andries de Lange - appointed non-independent non-executive director of the Company and
     member of the Remuneration Committee.
   - Mr Andre van der Veer - appointed chairman of the Company’s Investment Committee.
   - Mr George Aase - appointed member of the Company’s Nomination Committee.

After qualifying as a Chartered Accountant, Mr de Lange joined the Industrial Development Corporation of
South Africa Limited and then Nedbank Limited where he gained experience in debt finance, debt and equity
restructurings and private equity. He joined Resilient REIT Limited, a South African based property focused
company which listed on the JSE, in 2004, holding several positions including as Financial Director between
2006 and 2011, and thereafter Chief Operating Officer from 2011 until 2020. Mr de Lange is a Chartered
Accountant in South Africa and a Chartered Financial Analyst. Since August 2016, Mr de Lange acted as
alternate director for Mr de Beer, during the latter’s tenure as director at New Europe Property Investments
plc, subsequently continuing to act as such within NEPI Rockcastle plc from August 2017 until September
2019.

Mr de Beer was a non-executive director of NEPI with effect from 2008 and also the Chair of the Investment
Committee of NEPI, being appointed as a non-independent non-executive director of NEPI Rockcastle on
15 May 2017. The Company values Mr de Beer’s contribution to the operations of NEPI and NEPI
Rockcastle and appreciates the skills shared by him during the period in which he was a director of the
Company.

For further information please contact:

NEPI Rockcastle plc
Alex Morar                                + 40 21 232 1398

JSE sponsor
Java Capital                              +27 11 722 3050

Euronext Listing Agent
ING Bank                                  +31 20 563 6553

Media Relations                           mediarelations@nepirockcastle.com

28 May 2020

Date: 28-05-2020 08:30:00
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