| Thu 26 Jan 2012, 7:30 | | REI - Reinet Investments S.C.A. Depositary Receipts - Appointment of new Chief |
|
REI
REI
REI - Reinet Investments S.C.A. Depositary Receipts - Appointment of new Chief
Executive Officer
Reinet Investments S.C.A. Depositary Receipts
issued by Reinet Securities SA
(Incorporated in Switzerland)
ISIN: CH0045793657
Depositary Receipt Code: REI
PRESS RELEASE FOR IMMEDIATE RELEASE
APPOINTMENT OF NEW CHIEF EXECUTIVE OFFICER
Reinet Investments Manager S.A. and Reinet Fund Manager S.A., are pleased to
announce that Mr Alan Grieve has been appointed as Chief Executive Officer of
both companies with immediate effect. Mr Grieve takes over from Mr Jo`
Schwenke, whose three-year contract with Reinet has ended.
Reinet Investments Manager S.A. is the general partner and management company
of Reinet Investments S.C.A. Reinet Fund Manager S.A. is the general partner
and management company of Reinet Investments S.C.A.`s wholly-owned subsidiary,
Reinet Fund S.C.A., F.I.S.
Mr Grieve has served as Chief Financial Officer of both Reinet Investments
Manager S.A. and Reinet Fund Manager S.A. since the formation of Reinet in
2008. He is a member of the Institute of Chartered Accountants of Scotland and
has been a senior executive of Compagnie Financiere Richemont S.A. since its
formation, having been Company Secretary from 1988 to 2004 and most recently
Director of Corporate Affairs.
Ms Diane Longden assumes Mr Grieve`s position as Chief Financial Officer. Ms
Longden is a member of the Institute of Chartered Accountants of England and
Wales and has worked with Reinet as Financial Manager since early 2009, having
previously had extensive financial experience both in Luxembourg and overseas.
Reinet Investments Manager S.A.
for and on behalf of Reinet Investments S.C.A.
Reinet Investments S.C.A. is a partnership limited by shares incorporated in
the Grand Duchy of Luxembourg and having its registered office at 35 boulevard
Prince Henri, L-1724 Luxembourg. It is governed by the Luxembourg law on
securitisation and in this capacity allows its shareholders to participate
indirectly in the portfolio of assets held by its wholly-owned subsidiary
Reinet Fund S.C.A. F.I.S., a specialised investment fund also incorporated in
Luxembourg. Reinet Investments shares are listed on the Luxembourg Stock
Exchange, Reinet Investments` primary listing, and Reinet Investments South
African Depository Receipts are listed in Johannesburg, Reinet Investments`
secondary listing. Reinet Investments shares are included in the `LuxX` index
of the principal shares traded on the Luxembourg exchange and the Reinet
Investments South African Depositary Receipts are included in the JSE `Top 40`
Share Index.
26 JANUARY 2012
Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)
Date: 26/01/2012 07:30:00 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
