Business
CHANGE TO THE BOARD OF DIRECTORS
CHANGE TO THE BOARD OF DIRECTORS.
About this update from Grit Real Estate Income Group Limited
[{"type":"text","content":"\n \n \n \n \n \n \n \n GRIT REAL ESTATE INCOME GROUP LIMITED\n \n \n \n (Registered in Guernsey)\n \n \n (Registration number: 68739)\n \n \n LSE share code: GR1T\n \n \n SEM share code: DEL.N0000\n \n \n ISIN: GG00BMDHST63\n \n \n LEI: 21380084LCGHJRS8CN05\n \n \n (\"Grit\" or the \"Company\"\n and, together with its subsidiaries, the \"Group\"\n )\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n CHANGE TO THE BOARD OF DIRECTORS\n \n \n \n \n \n \n \n \n The board of Directors (the \"Board\") of Grit Real Estate Income Group Limited, a leading and award-winning pan-African impact real estate company, announces that, as a result of new responsibilities as chief operating officer of another listed South African real estate business, Nomzamo Radebe has stepped down from the Board, effective immediately.\n \n \n The Board would like to express its gratitude to Nomzamo for her meaningful contribution to Grit over the years and wishes her well for the future and in her exciting new role.\n \n \n The Board would also like to highlight that the re-election of Mr Bright Laaka as Permanent Alternate to Nomzamo Radebe was not put for shareholders' approval at the Company's Annual General Meeting held on 30 November 2022 (\n \n \n https://polaris.brighterir.com/public/grit/news/rns/story/w9ey4er\n \n \n ). Bright thus ceased to be the Permanent Alternate to Nomzamo effective 30 November 2022.\n \n \n Ms Radebe was a nominated shareholder representative for the Drive-in-Trading Black economic empowerment structure, and as such, was regarded as non-independent. The Board composition is currently being assessed and replacements being identified to fill vacant posts. Further announcements will be made in due course.\n \n \n By Order of the Board\n \n \n \n \n \n 6 February 2023\n \n \n \n \n \n \n \n \n FOR FURTHER INFORMATION, PLEASE CONTACT:\n \n \n \n \n \n \n \n \n Grit Real Estate Income Group Limited\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Bronwyn Knight, Chief Executive Officer\n \n \n \n \n +230 269 7090\n \n \n \n \n \n \n Darren Veenhuis, Investor Relations\n \n \n \n \n +44 779 512 3402\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n H/Advisors Maitland - Communications Adviser\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n James Benjamin\n \n \n \n \n +44 7747 113 ...