Business
Directorate Change
Directorate Change.
About this update from Kropz Plc
[{"type":"text","content":"\n \n \n 14 September 2022\n \n \n \n Kropz PLC\n(\"Kropz\" or \"the Company\")\n \n \n \n \n Directorate Change\n \n \n \n \n \n \n \n \n Kropz Plc announces that Machiel Reyneke is retiring as a non-executive director of the Company, with immediate effect. Mr Reyneke has represented\n the ARC Fund (\"ARC\") on Kropz's board of directors since 2018.\n The board also announces that Gerrit Duminy has been appointed to the board as a non-executive director, as ARC's representative, with immediate effect.\n \n \n \n \n \n \n Commenting on the announcement, Robin Renwick, Chairman, said:\n \n \n \n \n \"The Board wish to express its sincere thanks to Machiel for his significant help and contribution over the past few years. We have known Gerrit for a number of years, as he worked closely with Machiel, and we welcome him to the board.\"\n \n \n \n \n \n \n \n Further information on Gerrit Duminy\n \n \n \n Gerrit Jacobus Duminy, aged 31, is currently a director of the companies set out below and has no prior directorships or partnerships to disclose.\n \n \n \n \n \n \n \n Current directorships\n \n \n \n \n \n \n \n Gemcap Investment Management (Pty) Ltd\n \n \n Linebooker (Pty) Ltd\n \n \n Linebooker Technologies (Pty) Ltd\n \n \n Kropz Elandsfontein (Pty) Ltd\n \n \n Elandsfontein Land Holdings (Pty) Ltd\n \n \n \n \n \n \n \n \n \n \n He is currently employed by UBI General Partner (Pty) Ltd (\"UBI\") as an Associate Deal Executive. UBI is the general partner, and manager, of ARC. ARC is the Company's major shareholder, with a current holding of 83.2% of the existing ordinary shares of the Company.\n \n \n There is no further information required to be disclosed in respect of the above appointments pursuant to Rule 17 or Schedule 2 (g) of the AIM Rules for Companies.\n \n \n \n \n \n \n For further information visit\n \n \n \n \n www.kropz.com\n \n \n or contact: \n \n \n \n \n \n \n \n \n \n \n Kropz Plc\n \n \n \n \n \n \n \n Via Tavistock\n \n \n \n \n \n \n \n \n Mark Summers (CEO) \n \n \n \n \n +44 (0) 207 920 3150 \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Grant Thornton UK LLP\n \n \n \n \n \n \n \n Nominated Adviser\n \n \n \n \n \n \n \n \n Samantha Harrison \n \n \n Harrison Clarke \n \n \n George Gra...