Sharenet Sites 
Sharenet Sites
Appointment of Directors
SAFARI INVESTMENTS RSA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2000/015002/06
Share code: SAR
ISIN: ZAE000188280
(Approved as a REIT by the JSE)
(“Safari” or “the Company”)
APPOINTMENT OF DIRECTORS
New appointments
In accordance with paragraph 3.59(a) of the JSE Limited Listings Requirements, the board
of directors of the Company (“the Board”) wishes to advise that Greg Heron and Pine
Pienaar have been appointed as independent non-executive directors of the Company with
effect from 17 July 2020.
Gregory James Heron- CA(SA)
Greg is a qualified chartered accountant with more than 25 years’ experience in corporate,
structured and property finance as well as significant operational exposure to a variety of
businesses. Greg is currently CEO of Infinitus Holdings (Pty) Limited, an investment
company with a portfolio primarily invested in the FMCG and retail sectors. Prior to that he
was head of Leaf Property Fund, a significant unlisted property fund focused on the office
and commercial sector of the property market. During his time at Leaf Property Fund he led
the repositioning of the fund which included the disposal of a large portfolio of assets as part
of this process.
Petrus Arnoldus Pienaar- Pr Eng (1986), PhD (1993)
Pine has a doctorate in engineering, is a registered professional engineer and has over 30
years of experience in the consulting engineering field. Pine’s initial exposure was in
construction. This was followed by a period of specialisation in the roads and transportation
field, including road network planning, economic project evaluation, traffic and transportation
engineering, road design, public transport planning, Bus Rapid Transit (BRT) and urban
renewal. In recent years Pine leaded a multidisciplinary team responsible for the planning,
design and construction supervision of various industrial buildings. He also had exposure to
a few PPP projects. Pine is a founding member and current CEO of Nyeleti Consulting, a
multidisciplinary firm of consulting engineers. Pine was a director of Safari Investments from
November 2013 to August 2015. Pine has a keen interest in the property market and has
over the years invested in property, as well as the REIT sector on the stock exchange.
The Board welcomes Greg and Pine and looks forward to their contribution to the
Company.
Potential changes
Shareholders are also advised of the intention of Mr A Wentzel and Dr M Minaar to step
down as directors at or before the upcoming annual general meeting. Mr C Roberts intends
to step down from the board once a suitable additional independent director has been
identified and appointed (the process for which is ongoing), or the composition of the board
is otherwise such as to retain continuity of compliance with the requirements of King IV, the
Companies Act and the JSE Listings Requirements. Any resulting changes to the board
will be announced in due course.
Pretoria
17 July 2020
Sponsor
PSG Capital
Date: 17-07-2020 09:03:00
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.
