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Resignation of Independent Non-Executive Director

Buy SA Corporate Real Estate Fund Stocks

Published: 2024-04-19 15:39:21 ET

SA Corporate Real Estate Limited
(Incorporated in the Republic of South Africa)
(Registration number 2015/015578/06)
Share code: SAC ISIN: ZAE000203238
(Approved as a REIT by the JSE)
("SA Corporate" or the “Company”)


RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR

In accordance with paragraph 3.59 of the JSE Limited Listings Requirements, the
board of directors of SA Corporate (“the Board”) wishes to advise that Ms Gloria
Zandile Ningi Khumalo (“Ningi”), has resigned as an independent non-executive
director from the Board, and as member of the Audit and Risk Committee and the
Remuneration Committee, all with effect from 19 April 2024. Ningi’s resignation is
due to her assuming an executive role with a manufacturer, importer and exporter
of motor vehicles and components.

The Board would like to extend its appreciation to Ningi for her valuable
contribution to the Company and wishes her well in her future endeavours.

The Board has commenced a process of identifying a suitable replacement and
shareholders will be advised accordingly, in due course.


Johannesburg
19 April 2024

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.