ZXORE-CHANGES TO THE BOARD
Name of Issuer Orion Real Estate Limited
Country of Incorporation Republic of South Africa
Registration Number 1997/021085/06
ISIN Number ZAEZ00000067
Share Code ZXORE
In compliance with section 6.3.2 of the Listings
Requirements of ZAR X, shareholders are advised that Mr Leon Thompson (“Leon”), the Financial Manager, has been appointed as the Financial Director of the Company with immediate effect.
Leon completed his B. Comm Acc. and B. Compt Hons CTA degrees in 1992 and is a member of the South African Institute of Professional Accountants.
Leon worked in a number of senior financial and managerial positions within listed companies in the Mining, Engineering, FMCG and Business Support Services sectors after completion of his articles. He has extensive experience in business mergers and restructures, refinancing/recapitalisation, strategising and was involved in starting up new business divisions in various geographical areas of South Africa.
Managing businesses and financial departments has always been part of Leon’s responsibilities. This follows the immediate resignation of Mr Richard Bolleurs (“Richard”) due to ill health.
The Board wishes to welcome Leon to the Board and to thank Richard for his services and wishes him a speedy recovery.
BY ORDER OF THE BOARD
AcaciaCap Advisors Proprietary Limited
19 November 2021