NEPI ROCKCASTLE PLC - Changes to the board of directors

Release Date: 01/08/2018 15:00
Code(s): NRP
Wrap Text
Changes to the board of directors

NEPI Rockcastle plc
Incorporated and registered in the Isle of Man
Registered number 014178V
JSE share code: NRP
Euronext share code: NRP
("NEPI Rockcastle" or "the Company")


The board of directors of NEPI Rockcastle ("the Board") has recommended, subject to shareholder approval, the
appointment of Mr. George Aase as an independent non-executive director of the Company with effect from
28 August 2018 (at the close of the Company's upcoming annual general meeting). Mr. Aase will also assume
membership of the Company's Audit Committee at the close of the upcoming annual general meeting.

Mr. George Aase is an experienced CFO in publicly traded real estate firms, technology companies and Fortune 100
U.S. multinational industrial firms. He is a highly strategic and business-oriented senior finance executive with extensive
experience in leadership roles. Mr. Aase's core specialties include corporate finance, capital markets, IPO transactions,
debt financing, international financial operations, international finance and controlling, and investor relations, with at
least 12 years' experience in the real estate sector. He has led the process of three major initial public offering projects
in London, Zurich and Frankfurt. Mr. Aase also possesses extensive financing and debt restructuring experience, and
has managed various portfolios connected with major acquisitions and underwriting. He has a strong financial
background in Central Eastern Europe countries, including Czech Republic, Poland, Romania, and Slovakia.

Shareholders are further advised that Mr. Nick Matulovich, due to retire by rotation, has indicated that he will not offer
himself for re-election at the upcoming annual general meeting. Mr. Matulovich was the Chief Financial Officer of
Rockcastle Global Real Estate Company Limited from 2014, and has been an Executive Director of NEPI Rockcastle
since May 2017. He will work with the Company until February 2019 to ensure a smooth handover of his tasks. The
Company thanks Mr. Matulovich for his contribution as Executive Director.

Shareholders are also referred to the announcement released on SENS on 12 June 2018 and are advised that Mr. Spiro
Noussis has confirmed that he will not be accepting the position of Chief Investment Officer. So as to facilitate the
Company's transition to a sole-CEO structure, Mr. Noussis will offer himself for re-election as an Executive Director
at the upcoming annual general meeting, for a limited term ending on 31 December 2018, after which Mr. Noussis will
pursue other career opportunities.

NEPI Rockcastle welcomes Mr. Aase to the Board and thanks Mr. Matulovich for his valuable contribution as an
Executive Director.

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 6799

Media Relations                                     
Brunswick Group LLP                                           +44 20 7404 5959

1 August 2018

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