| Wed 5 Oct 2011, 9:00 | | RIN - Redefine Properties International Limited - Redefine appoints Greg |
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RIN
RIN
RIN - Redefine Properties International Limited - Redefine appoints Greg
Clarke as Non-Executive Director and Chairman designate
Redefine Properties International Limited
(formerly Kalpafon Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2010/009284/06)
JSE share code: RIN ISIN Code: ZAE000149282
("RIN")
Set out below is an announcement which was released by Redefine
International P.L.C. (formerly Wichford P.L.C.), the London Stock
Exchange-listed subsidiary of RIN, on the Regulatory News Service
("RNS") of the London Stock Exchange today.
"Redefine International P.L.C. (formerly Wichford P.L.C.)
(the "Company")
REDEFINE APPOINTS GREG CLARKE AS NON-EXECUTIVE DIRECTOR AND CHAIRMAN
DESIGNATE
Redefine International P.L.C. (LSE: RDI), the diversified income focused
property company, today announces the appointment of Greg Clarke as an
Independent Non-executive Director and Chairman Designate of the
Company.
Greg Clarke will succeed the current Chairman, Philippe de Nicolay, who
announced his intention to step down from the Board on 13 July 2011
after more than seven years as a Non-executive Director and almost
four years as Chairman. It is anticipated that Philippe de Nicolay will
retire from the Board in November 2011, following the announcement of
the Company`s full year results for the 12 months to 31 August 2011.
Greg, 53, joins Redefine with over 30 years` experience of working for
and running large international public corporations across Europe,
Australia and South Africa. Between 2002 and 2009 he was Chief Executive
of Lend Lease Corporation, an ASX 50 international corporation
specialising in property investment, development and construction.
Between 1994 and 2000 he worked for groups owned by Cable and Wireless,
ultimately being promoted to CEO of Cable and Wireless Communications
Plc. He is currently Chairman of The Football League, a role he has held
since 2010.
In addition to the executive appointments detailed above, Greg sat on
the board of British United Provident Association (`BUPA`) between 2001
and 2007 as a Non-executive Director.
Commenting, Philippe de Nicolay, Chairman of Redefine, said:
"It was with much regret that I announced my intention to retire at the
time of the merger. I have been involved with the Company since 2004 and
following my relocation to Brazil I have found it increasingly difficult
to fulfil my duties as Chairman. This has been an exciting period of
evolution for the Company, culminating in the successful merger of
Wichford and Redefine to create a strong diversified income focused
property Company. I am delighted that Greg Clarke is joining the Board
as Chairman Designate to take over from me when I step down from the
Board in November. His extensive experience of managing companies across
our key geographic areas and his knowledge of real estate in particular
should prove valuable to the Company as it enters the next phase of
growth."
Greg Clarke, added:
"It is a great privilege to be joining Redefine at this exciting time in
the Company`s development. I look forward to bringing my experience in
international real estate and business management to the Company and
working with the rest of the Board to ensure that it fully leverages the
benefits of its enlarged platform and capital base to deliver and
enhance shareholder value. On behalf of the rest of the Board I would
like to thank Philippe for his dedication and leadership."
No further information is required to be disclosed pursuant to Listing
Rule 9.6.13R of the UK Listings Requirements.
Further enquiries:
Redefine International P.L.C.
Philippe de Nicolay, Chairman Tel: +55 (11) 9636 7979
www.redefineinternational.com
Redefine International Property Management Ltd
Investment Adviser
Michael Watters, Stephen Oakenfull Tel: +44 (0) 20 7811 0100
FTI Consulting
Public Relations Officer
Stephanie Highett, Dido Laurimore Tel: +44 (0) 20 7831 3113"
5 October 2011
Sponsor to Redefine Properties International Limited
Java Capital
Date: 05/10/2011 09:00:01 Produced by the JSE SENS Department.
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