Change to the board of directors - Octodec / Premium Properties
Change to the board of directors - Octodec / Premium Properties OCTODEC INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1956/002868/06) JSE share code: OCT ISIN: ZAE000192258 (Approved as a REIT by the JSE) ("Octodec") PREMIUM PROPERTIES LIMITED (Incorporated in the Republic of South Africa) (Registration number 1994/003601/06) JSE alpha code: BIPPL ("Premium Properties") (collectively the “Group”) CHANGE TO THE BOARD OF DIRECTORS In terms of section 3.59 of the Listings Requirements and section 6.39 of the Debt Listings Requirements of the JSE Limited, shareholders and bondholders are hereby advised of the appointment of Mr Richard William Reeves Buchholz ("Richard") as an independent non-executive director of Octodec with effect from 1 October 2021. Richard will serve on the Group's Audit and Risk Committees. The reasons for the appointment are to bolster the risk management skills and further enhance the independence of the Board of Directors ("the Board"). Richard CA(SA) has 26 years' experience in the financial services industry, mostly in banking, where he fulfilled senior executive roles in audit, commercial banking and risk management. In addition, he has served and serves as a non- executive director on the boards of a number of banks in Southern Africa, including roles as member and chairman of various board committees. Currently Richard is the lead independent non-executive director of Sasfin Holdings Limited and Sasfin Bank Limited. The Board takes great pleasure in welcoming Richard and looks forward to working with him and his contribution to the success of the Group. The appointment was made pursuant to the recommendation of the Nominations Committee of the Group. 1 October 2021 Equity Sponsor Java Capital Debt Sponsor Nedbank Corporate and Investment Banking, a division of Nedbank Limited Date: 01-10-2021 03:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.