To view the PDF file, sign up for a MySharenet subscription.

REDEFINE PROPERTIES LIMITED - Polish Central Anti-corruption Bureau investigation involving Mr. Przemyslaw Krych

Release Date: 20/12/2017 15:28
Code(s): RDF     PDF:  
Wrap Text
Polish Central Anti-corruption Bureau investigation involving Mr. Przemyslaw Krych

REDEFINE PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/018591/06)
JSE share code : RDF ISIN: ZAE000190252
(Approved as a REIT by the JSE)
(“Redefine”)


POLISH CENTRAL ANTI-CORRUPTION BUREAU INVESTIGATION INVOLVING MR. PRZEMYSLAW KRYCH


Redefine refers to the SENS announcement published today by Echo Polska Properties N.V, (“EPP”) regarding the
detention of Mr. Przemyslaw Krych by Poland’s Central Anti-Corruption Bureau.

In terms of Polish law details of the allegations are limited, but we are given to understand that the investigation relates to
Mr. Krych in his personal capacity and not as a Non-Executive Director of EPP.

In addition, as a Non-Executive Director, Mr. Krych is not involved in any of the day-to-day activities of EPP.

Both Mr. Andrew Konig and Mr. Marc Wainer are Non-Executive Directors of EPP and are confident with the levels of
corporate governance that are applied within EPP and have no reason to believe that there are any transactions, to which
EPP is a party, that have in any manner transgressed the law.

In the interests of good corporate governance and as a material shareholder in EPP, Redefine has requested EPP to
procure Mr. Krych’s resignation as a Non-Executive Director of EPP.

20 December 2017


Sponsor

Java Capital

Date: 20/12/2017 03:28:00 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.

Share This Story