Further to the announcement on 13 November 2009 in relation to the appointments of Kris Carton, Steven Van Den Bossche and Jeff Zidel as additional non-executive directors, the Company is pleased to provide the following details on the new directors.
Kris Henri Remi Carton (aged 34) is a qualified architect with over 10 years of experience in the design of commercial properties, initially in Belgium and Poland. Having worked on projects for Leibrecht & Wood, a Belgian developer with operations in Poland, Kris co-founded an architectural practice in Warsaw, Poland (“The Office”). The Office expanded its focus into Romanian properties, for which Kris was responsible, and developed relationships with a number of high profile clients. From 2004, The Office increased its scope to property development and has been instrumental in the design and construction of a number of retail parks in Romania and Belgium which have been successfully sold on to financial investors.
Steven Van Den Bossche (aged 43) has over 20 years experience in the construction and interior design of commercial properties. In 1984, Steven founded Van Den Bossche Contracting NV, a company specialising in construction and interior design of bank outlets, developing strong relationships with key financial institutions. In 2005, the company entered the Romanian property market. Thereafter, Steven co-founded Bel Rom Real Estate (“Bel Rom”), a developer of commercial real estate in Romania. To date, Bel Rom has developed five retail parks and a number of others are under development.
Jeffrey Nathan (Jeff) Zidel has been a successful property developer and investor and has been involved in all aspects of the property industry for the last 38 years. He is a former South African Property Owners Association regional chairman, and three times past president of the Roodepoort Chamber of Commerce. He is currently a director of Resilient REIT Limited, a listed property investment company in South Africa, with assets of over ZAR 7 billion (EUR 630 million), which is a substantial shareholder in NEPI.
The following are Mr Carton`s current directorships and those held within the last five years:
CURRENT
- The Office Projectmanagement SRL
- GJ Concept Caffe SRL
- International Caffe Expert SRL
- Bel Rom Patru SRL
- Bel Rom Cinci SRL
- Bel Rom Sapte SRL
- Bel Rom Opt SRL
- Bel Rom Noua SRL
- Bel Rom Zece SRL
- Bel Rom Eleven SRL
- Bel Rom Twelve SRL
- Bel Rom Fourteen SRL
- Bel Rom Management Services SRL
- Bel Rom Residential Real Estate SRL
- Carpa Invest BVBA
- Carpa Holding BVBA
PAST
- The Office Architecture and Interior SRL
- Total Arhitectura SRL
- Bel Rom SRL
- Bel Rom Sase SRL
- Bel Rom Unu SRL
Mr Carton directly and indirectly holds 100% of the share capital of Carpa Invest BVBA. Carpa Invest BVBA holds 717,430 ordinary shares in the Company, representing 1.76% of the Company`s share capital. The following are Mr Van Den Bossche`s current directorships and those held within the last five years:
CURRENT
- Bel Rom Management Services SRL
- Bel Rom Doi SRL
- Bel Rom Patru SRL
- Bel Rom Cinci SRL
- Bel Rom Sapte SRL
- Bel Rom Opt SRL
- Bel Rom Noua SRL
- Bel Rom Zece SRL
- Bel Rom Eleven SRL
- Bel Rom Twelve SRL
- Bel Rom Fourteen SRL
- Bel Rom Residential Real Estate SRL
- Holdekor BVBA
- HDK BVBA
- Vanha nv
PAST
- Van Den Bossche nv
- Q Linair nv
- Bel Rom SRL
- Bel Rom Unu SRL
- Bel Rom Sase SRL
Mr Van Den Bossche directly holds 100% of the share capital of Holdekor BVBA. Holdekor BVBA holds 717,430 ordinary shares in the Company, representing 1.76% of the Company`s share capital. The following are Mr Zidel`s current directorships (or close corporation memberships in South Africa) and those held within the last five years:
CURRENT
- Clarendon Shopping Centre (Pty) Limited
- ERF 2395 Kempton Park (Pty) Limited
- Fortress Income Fund Limited
- Heavenly Blue Property Invest Close Corporation
- Maxtrade Seven (Pty) Limited
- Mazow Property Invest Close Corporation
- Property Index Tracker Managers (Pty) Limited
- Resilient Property Management (Pty) Limited
- Resilient REIT Limited
- Zicor Property Projects (Pty) Limited
PAST
- Ambit Property Limited
- Resilient Properties (Pty) Limited
- Resilient Capital (Pty) Limited
- Diversified Properties 2 (Pty) Limited
Mr Zidel has an indirect interest in 692,750 ordinary shares in the Company held by Maxtrade Seven (Pty) Limited. Mr Zidel also directly and indirectly holds 2.7% of Resilient REIT Limited. Resilient REIT Limited is the 100% parent company of Diversified Property Fund Limited, which in turn is the 100% parent company of Diversified Properties 2 (Pty) Ltd. Diversified Properties 2 (Pty) Ltd holds 7,392,500 ordinary shares in the Company, representing 27.59% of the Company`s share capital. Save for the information disclosed above there is no other information falling to be disclosed under Schedule Two, paragraph (g) of the AIM Rules.
