Changes in the Management Board of Globe Trade Centre S.A.
GLOBE TRADE CENTRE S.A.
(Incorporated and registered in Poland with KRS No. 61500)
(Share code on the WSE: GTC.S.A)
(Share code on the JSE: GTC ISIN: PLGTC0000037)
(“GTC” or “the Company”)
Current report number: 18/2020
Date: 28 July 2020
Subject: Changes in the Management Board of Globe Trade Centre S.A.
The Management Board of Globe Trade Centre S.A. (“the Company”) reports that on 28 July 2020 Erez
Boniel’s post as a member of the Management Board of the Company was terminated with mutual
consent effective immediately. Mr. Boniel will continue to assist GTC on a consultancy basis till the end
of 2020. Starting 28 July 2020, Ariel Alejandro Ferstman is nominated to the position of Chief Financial
Officer of Globe Trade Centre Group and a member of the Management Board.
Ariel Alejandro Ferstman joined GTC in 2011 and has been leading the finance departments as a chief
financial officer for GTC in Hungary, Croatia and Slovakia. Prior to joining GTC, Mr. Ferstman spent
over three years as the Financial Controller for BSR Europe, formerly listed on the Tel Aviv Stock
Exchange, and five years as a senior auditor in Ernst &Young in Israel and Argentina.
Ariel Alejandro Ferstman graduated cum laude from The University of Buenos Aires where he obtained
a B.A. degree in accounting and finance. He also holds an MBA in Finance and Business Strategy from
The Hebrew University of Jerusalem. Moreover, Mr. Ferstman is a chartered public accountant in Israel
According to his statement, Mr. Ferstman is not entered in the register of insolvent debtors maintained
in compliance with the Act on the National Court Register dated 20 August 1997, does not perform any
activities outside of the Company’s business which could be considered competitive with respect
thereto, does not participate in any competitive business either as a partner in a civil partnership or any
other type of partnership, and is not a member of the authorities of any competitive company or any
other competitive entity.
Legal basis: § 5 section 4 and 5 of the Regulation of the Minister of Finance of 29 March 2018 on current
and periodic disclosures by issuers of securities and the conditions for recognising as equivalent the
information that is required by the laws of a non-member state.
/s/ Yovav Carmi /s/ Robert Snow
Member of the Management Board Member of the Management Board
Sponsor: Investec Bank Limited
Date: 28-07-2020 04:00:00
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