DELTA PROPERTY FUND LIMITED - Resignation of COO/CIO
Resignation of COO/CIO
Delta Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration number 2002/005129/06)
Share code: DLT ISIN: ZAE000194049
("Delta" or “the Company”)
REIT status approved
RESIGNATION OF COO/CIO
In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, the Board of Directors
of Delta (“the Board”) hereby notifies shareholders of the resignation of Mr Otis Tshabalala both as director
from the Board and as Chief Operating Officer/Chief Investment Officer with immediate effect. Mr
Tshabalala will however complete his three months’ notice period up to 30 September 2020.
The Board will update shareholders on the appointment of a suitable replacement in due course.
Chairman of the Board, Mr JB Magwaza commented:
“Otis has been with Delta since 2012 and was appointed as COO/CIO in June 2016. He was a highly
respected member of the Board and his significant contribution to Delta will be sorely missed.
Otis brought with him a wealth of property knowledge and experience as well as strong principles and
values. The Board extends their best wishes to Otis as he pursues other opportunities within the sector.”
Johannesburg
02 July 2020
Sponsor
Nedbank Corporate and Investment Banking
Date: 02-07-2020 12:02:00
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.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
