Edition:
United Kingdom

Texton Property Fund Ltd (TEXJ.J)

TEXJ.J on Johannesburg Stock Exchange

412.00ZAc
14 Dec 2018
Change (% chg)

7.00 (+1.73%)
Prev Close
405.00
Open
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Summary

Name Age Since Current Position

Marius Muller

2018 Co-Chief Executive Officer, Non-Executive Independent Director

Inge Pick

37 2018 Chief Financial Officer, Finance Director

Neville Toerien

Company Secretary

John Macey

52 2017 Non-Executive Lead Independent Director

Marcel Golding

2018 Non-Executive Director

Romeo Makhubela

60 2015 Non-Executive Director

Patrick Ntshalintshali

2016 Non-Executive Director

Mathys Van Heerden

50 Non-Executive Director

Andrew Hannington

61 2018 Independent Non-Executive Director

Shelley Thomas

2018 Non-Executive Independent Director

Biographies

Name Description

Marius Muller

Mr. Marius H. Muller is Non-Executive Independent Director of the Company. Effective October 31, 2018, he has been appointed as Co-Chief Executive Officer, Non-Executive Independent Director of the Company. Mr. Marius’ career in the property industry has spanned 25 years and he is the founder and Chief Executive Officer of Venator Capital which is a real estate advisory and consultancy practice. Prior to establishing Venator Capital he held the position of Chief Executive Officer of Pareto Limited, an unlisted property company, for 6 years. Marius has served as a director on various boards of JSE-listed property companies including Resilient REIT Limited and Pangbourne Properties Limited. In addition, Marius held two terms as the President and Chairman of the South African Council of Shopping Centres.

Inge Pick

Ms. Inge Frances Pick has been appointed as Chief Financial Officer, Finance Director of the Company effective 1 February 2018. Ms Pick is a qualified Chartered Accountant (SA) and has a wealth of financial and strategic management experience at a senior level in the REIT sector. Having garnered more than 15 years’ financial experience, 8 years specifically in listed property, Ms Pick was formerly Financial Director of Lodestone REIT and has also held financial management roles within Fortress Income Fund and Capital Property Fund.

Neville Toerien

John Macey

Mr. John Russell Macey BBusSci (Hons), BCom (Hons), CA(SA), is Non-Executive Lead Independent Director of Vunani Property Investment Fund. John studied at UCT and completed his articles with Deloitte in 1991. Since leaving Deloitte he has gained eight years of experience as CFO to manufacturing companies. He was also a staff member of the now College of Accounting at UCT for nine years, leaving as a tenured member of staff in 2009 to start his own advisory business. He is a qualified chartered accountant and serves on the boards and audit committees of three JSE-listed companies.

Marcel Golding

Mr. Marcel Golding is Non-Executive Director of the Company. Mr. Marcel has over 25 years of experience working in various industries in South Africa. He served as a member of parliament from 1994 to 1997 and thereafter left to co-found Hosken Consolidated Investments Limited ("HCI") serving as the Executive Chairman of HCI between 1997 and 2014. Marcel has served on numerous boards, including being the Chief Executive Officer of ETV from 1999 to 2014. His current directorships include Tsogo Sun Holdings Limited, Geomer Investments Proprietary Limited, Rex Trueform Clothing Company Limited, African & Overseas Enterprises Limited and Vunani Limited.

Romeo Makhubela

Mr. Romeo B. Makhubela has been appointed as Non-Executive Director of Texton Property Fund Limited., with effect from 1 April 2015. Mr. Makhubela has held various senior positions in reputable companies including Vunani Fund Managers, Metropolitan Asset Managers, STANLIB, and Liberty Asset Management amongst others.

Patrick Ntshalintshali

Mr. Patrick Ntshalintshali is Non-Executive Director of the Company. Patrick has over 20 years of experience in financial services and asset management. He has held various executive positions such as portfolio manager and head of research at Old Mutual Asset Managers and Vunani Fund Managers, respectively, and has previously served on the Board of Mvelaphanda Group as a non-executive director. Patrick is currently a portfolio manager and director at Perpetua Investment Managers.

Mathys Van Heerden

Mr. Mathys Johannes Van Heerden is Non-Executive Director of the company. He has been involved in the property industry for over 24 years, serving in different capacities. He commenced his career at Barprop Limited, a listed fund, moved to PPS as senior property manager, and then went back to RMP/Barprop as marketing manager. He moved to Old Mutual when Barprop was delisted and acquired by Old Mutual as senior investment analyst, and was eventually responsible for sales and acquisitions for Old Mutual Properties. He served there successfully for more than 10 years, until he was approached by John Legh to partner in the Kuper Legh venture, where he is now involved with major acquisitions and transactions. He has vast experience in property management, sales and acquisitions, valuations, large developments, direct property investment and dealmaking.

Andrew Hannington

Mr. Andrew James Hannington is an Independent Non-Executive Director of the Company. Andrew who is a chartered accountant (CA(SA)) was previously the CEO of Grant Thornton Johannesburg and prior to that, the CEO and National Chairperson of PKF Inc. Andrew was a key driver in the merger of Grant Thornton Johannesburg and PKF Inc. He was a member of the South African Institute of Chartered Accountants Senior Partners Committee and the Independent Regulatory Board for Auditors. During his career he acted as the reporting accountant on a number of JSE listings. Andrew is a member of the Board of Directors of Sandown Capital Limited.

Shelley Thomas

Ms. Shelley Thomas serves as Non-Executive Independent Director of the company. Shelley has over the years sat on a number of boards and committees. She has deep insight into the workings of large organisations in the public and private sector and an in-depth understanding of best practices in governance. She is currently self-employed. Her previous appointments included Director in the internal audit division of SekelaXabiso, divisional head of Forensic, Compliance, and Governance at Protect-A-Partner International and Financial Director at Ubambo Investment Holdings Limited. Shelley has worked at Transnet Group and gained experience at Transnet, Spoornet and Portnet working in the internal audit, financial accounting, management accounting and systems development units. She has also been employed in private practice at Manase and Associates and Ian Pierce and Associates where her audits included external audits at Transnet, forensic audits at Denel Aviation and clean audit projects at the Provincial Department of Health in KwaZulu-Natal.