Further to the announcement made on the 2nd of February 2015 regarding the resignation of Mr. Robin Miller as Chief Executive Officer (“CEO”) of Real Estate Investments Zambia at the end of June 2015, Stockbrokers Zambia Limited is authorized to announce on behalf of the Board of Directors of the Company that Mr. Sydney Popota has been appointed as the Acting CEO for the company effective from 1 July 2015.
Mr. Popota is currently the Chief Financial Officer and Company Secretary of the Company. He has held the position of Company Secretary for 4 years and Chief Financial Officer for 1 year having previously held the position of Finance Manager of the Company for 3 years.
In the interim, the Board will continue the process of seeking a candidate to permanently take up the position of CEO of the Company and will issue a further announcement once the permanent appointment has been finalised.
By order of the Board
Lusaka, Zambia – 22 July 2015
LUSAKA STOCK EXCHANGE SPONSORING BROKER
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