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Release Date: 18/12/2020 14:58
Code(s): REB REA     PDF:  
Wrap Text
Changes to the board

Incorporated in the Republic of South Africa
(Registration number: 2010/003468/06)
JSE share code: REA      ISIN: ZAE000240552
JSE share code: REB      ISIN: ZAE000201687
(Approved as a REIT by the JSE)
(“Rebosis” or the “Company”)


In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited and further to the
announcement released on SENS on 4 August 2020, the board of directors of Rebosis (the “Board”) hereby
notifies its shareholders of the appointment of Ms Asathi Magwentshu as the permanent Chief Financial Officer
of Rebosis with effect from today.

Ms Magwentshu is a qualified Chartered Accountant CA (SA) and has been with Rebosis for many years and has
in-depth experience and knowledge of the Company both from a financial and operational point of view. She
brings a blend of operational experience, property industry expertise and technical finance knowledge to the
Board. Her experience at two other listed property funds (REIT’s) as GM: Finance has equipped her with a wealth
of practical knowledge and experience in corporate activities, regulatory compliance and governance, and
investor relations in a listed environment. She has recently managed a successful and smooth financial year end
audit of the Company.

Ms Magwentshu becomes the first black woman Chief Financial Officer of Rebosis since the Company was listed
in 2011.

The Board is thrilled to have an executive of Ms Magwentshu’s stature join Rebosis and is confident that she has
the experience required for the position. She will play a critical role in the growth of the business and unlocking
of shareholder value.

18 December 2020

Nedbank Corporate and Investment Banking

Date: 18-12-2020 02:58:00
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