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Directorate Change

16 Sep 2009 17:24

RNS Number : 1947Z
Capital & Regional plc
16 September 2009
 

16 September 2009

BOARD APPOINTMENT

CAPITAL & REGIONAL APPOINTS NEW NON-EXECUTIVE DIRECTOR

Capital & Regional plc, the co-investing property asset manager, announces that Neno Haasbroek has been appointed as a Non-Executive Director with effect from 15 September.

Neno was educated at Grey College in BloemfonteinSouth Africaand obtained a BSc Building Science degree from the University of Pretoria (1979) and an MBA from the University of the Witwatersrand (1983). He joined Rand Life Assurance as property manager in 1980 and became Investment Manager of Allianz Life in 1983. In 1985 he co-founded Baker Street Associates, a group that specialized in property broking, development and management. Neno is a co-founder and director of Attfund Limited, one of the largest private property investment companies in South Africa and through Parkdev (Pty) Ltd is actively involved in the asset management of Attfund. He is a director of JSE listed Sycom Property Fund.

In accordance with paragraph 9.6.13 (2-6) of the Listing Rules, Neno Haasbroek has advised that he has no details to disclose except paragraph 9.6.13(1) as set out below:

Sycom Property Fund Managers Limited (Sycom Property Fund)

Prima Property Trust Managers Limited - resigned 31 March 2006

Stenham European Shopping Centre Fund IC (Registered in Jersey) - resigned 15 May 2008

Karoo Investment SARL

Tom Chandos, Chairman, said:

"I am delighted to welcome Neno to the Board. He brings significant property expertise which will be highly valuable as Capital & Regional begins once again to focus on growth now that the capital raising has been successfully completed."

ENDS

For further information:

Capital & Regional

Hugh Scott-Barrett Tel: 020 7932 8121

Maitland

Martin Leeburn / Emma Burdett   Tel: 020 7379 5151

This information is provided by RNS
The company news service from the London Stock Exchange
 
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