REG-Grit Real Estate Income Group Changes to the Board of Directors

Grit Real Estate IncomeAnnouncement

27/09/2024 07:00

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   Grit Real Estate Income Group (GR1T)
   Changes to the Board of Directors

   27-Sep-2024 / 07:00 GMT/BST

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   GRIT REAL ESTATE INCOME GROUP LIMITED

   (Registered in Guernsey)

   (Registration number: 68739)

   LSE share code: GR1T
                                                                             
   SEM share codes (dual currency trading): DEL.N0000 (USD) / DEL.C0000
   (MUR)

   ISIN: GG00BMDHST63

   LEI: 21380084LCGHJRS8CN05

   ("Grit" or the "Company" or the "Group")

    

    

                 PASSING OF INDEPENDENT NON-EXECUTIVE DIRECTOR

                                        

    

   It is with regret that the Board of Grit announces the passing of
   Independent Non-Executive Director, Mr. Jonathan (“Johnny”) Crichton, aged
   69. His unexpected demise has left his fellow Board members and colleagues
   deeply saddened. Mr. Crichton joined the Board on 17 September 2020,
   serving as Chairman of the Risk Committee and as a Member of the Audit
   Committee. He brought extensive experience in commercial matters,
   regulation, and governance, significantly benefiting the Board and the
   Company.

    

   Peter Todd, Chairman of Grit, commented:

   “Johnny’s passing has been very sudden and unexpected. On behalf of all of
   us at Grit and GREA,  I extend our heartfelt  condolences to his wife  and
   family. As a  board member, Johnny  was instrumental in  driving Risk  and
   Governance oversight and served as a mentor to the executive team, drawing
   from  his  deep  knowledge  and  experience.  We  are  grateful  for   his
   outstanding contributions, and he will be deeply missed.”

    

   In light of this, Lynette Finlay, Independent Non-Executive Director,  has
   been appointed  as  a Member  of  the  Audit Committee  and  Nigel  Nunoo,
   Independent Non-Executive Director,  has been  appointed as  a Member  and
   Chair of the Risk Committee.

    

   By Order of the Board

    

   27 September 2024

    

   FOR FURTHER INFORMATION, PLEASE CONTACT:

   Grit Real Estate Income Group Limited                      
   Bronwyn Knight, Chief Executive Officer                   +230 269 7090
   Morne Reinders, Investor Relations                        +27 82 480 4541
                                                              
   Cavendish Capital Markets Limited - UK Financial Adviser   
   James King /Teddy Whiley (Corporate Finance)              +44 20 7220 5000
   Justin Zawoda-Martin / Daniel Balabanoff/Pauline          +44 20 3772 4697
   Tribe (Sales)
                                                              
   Perigeum Capital Ltd - SEM Authorised Representative and   
   Sponsor
   Shamin A. Sookia                                          +230 402 0894
                                                              
                                                              
   Capital Markets Brokers Ltd - Mauritian Sponsoring Broker  
   Elodie Lan Hun Kuen                                       +230 402 0280

    

   NOTES:

   Grit Real Estate Income  Group Limited is  the leading pan-African  impact
   real estate  company  focused on  investing  in, developing  and  actively
   managing a diversified portfolio of  assets in carefully selected  African
   countries  (excluding  South  Africa).   These  high-quality  assets   are
   underpinned by  predominantly US$  and Euro  denominated long-term  leases
   with a wide range  of blue-chip multi-national  tenant covenants across  a
   diverse range of robust property sectors.

   The Company is committed to  delivering strong and sustainable income  for
   shareholders, with  the  potential  for income  and  capital  growth.  The
   Company holds its primary listing on  the Main Market of the London  Stock
   Exchange (LSE: GR1T and a dual  currency trading secondary listing on  the
   Stock Exchange of Mauritius (SEM: DEL.N0000 (USD) / DEL.C0000 (MUR))

   Further information on the Company is available at www.grit.group

   Directors: Peter Todd (Chairman), Bronwyn Knight (Chief Executive Officer)
   *, Gareth Schnehage (Chief Financial Officer) *, David Love+, Catherine
   McIlraith+, Cross Kgosidiile, Lynette Finlay+ and Nigel Nunoo+.

   (* Executive Director) (+ Independent Non-Executive Director)

   Company secretary: Intercontinental Fund Services Limited

   Registered office address: PO Box 186, Royal Chambers, St Julian's Avenue,
   St Peter Port, Guernsey GY1 4HP

   Registrar and  transfer  agent (Mauritius):  Intercontinental  Secretarial
   Services Limited

   SEM authorised representative and sponsor: Perigeum Capital Ltd

   UK Transfer secretary: Link Assets Services Limited

   Mauritian Sponsoring Broker: Capital Markets Brokers Ltd

   This notice is issued pursuant to the FCA Listing Rules, SEM Listing  Rule
   15.24 and the  Mauritian Securities  Act 2005.  The Board  of the  Company
   accepts full responsibility for the accuracy of the information  contained
   in this communiqué.

    

    

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   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   ISIN:           GG00BMDHST63
   Category Code:  BOA
   TIDM:           GR1T
   LEI Code:       21380084LCGHJRS8CN05
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   349420
   EQS News ID:    1996829


    
   End of Announcement EQS News Service

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