SENS: Indluplace – Change to the Board of Directors

Shareholders are advised that, with effect from 14 March 2016, Gerald Leissner will step down as chief executive officer of Indluplace, but will remain an executive director of the company.

Carel de Wit will assume the role of chief executive officer with Terence (Terry) Kaplan being appointed as financial director of the company.

Prior to his appointment to Indluplace, Terry was a group finance executive at Massmart Holdings Limited, where he was responsible for various aspects of the group’s financial reporting. Terry has also worked for Redefine Properties Limited and lived and worked in the United Kingdom for eight years where he gained experience in both the banking and healthcare sectors. Terry began his career with Grant Thornton, where he qualified as a Chartered Accountant.