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NEW FRONTIER PROPERTIES LIMITED - Changes to the Board

Release Date: 24/11/2020 08:36
Code(s): NFP     PDF:  
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Changes to the Board

New Frontier Properties Limited
(Incorporated in the Republic of Mauritius on 5 June 2014)
(Registration number: 123368C1/GBL)
SEM share code: NFP.N0000
JSE share code: NFP
ISIN: MU0453N00004
(“New Frontier” or “the Company”)

CHANGES TO THE BOARD

In compliance with section 3.59 of the Listings Requirements of the Johannesburg Stock Exchange
(“JSE”), shareholders are advised that Mr Ali Akbar Ahsan (“Akbar”) has notified the Board of his
resignation as an independent non-executive director, with immediate effect.

The Board wishes to thank Akbar for his service to New Frontier.

The Company will commence with the process of appointing his replacement and shareholders will be
advised once an appointment has been made.

BY ORDER OF THE BOARD
24 November 2020

This notice is issued pursuant to SEM Listing Rule 11.3, the Mauritian Securities Act 2005 and section 9.20(b) of the
JSE Listings Requirements. The Board of Directors of the Company accepts full responsibility for the accuracy of
the information contained in this announcement. The Company is dual listed on both the SEM and the
Alternative Exchange of the JSE.

For further information please contact:

               JSE                      SEM Authorised Representative                      Company
             Sponsor                             and Sponsor                                Secretary
   AcaciaCap Advisors (Pty) Ltd             Perigeum Capital Ltd                   Vistra (Mauritius) Limited
         +27 11 480 8500                        +230 402 0890                            + 230 260 7275

Date: 24-11-2020 08:36:00
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