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New Director Appointed to Stride

Director Appointment18 July 2019SPGReal Estate

Stride Property Group (NS)
NZX Announcement

IMMEDIATE — 18 July 2019





W strideproperty.co.nz

New Director Appointed to Stride

Stride Investment Management Limited (SIML) is delighted to announce the appointment of Nick

Jacobson as an independent Director of the Board of Directors of the stapled companies, SIML

and Stride Property Limited (trading as the NZX stapled security Stride Property Group (Stride)).


As signalled in July 2018, the Boards are undergoing a continuing Director refresh programme

aimed at ensuring that the composition of the Boards continues to include a collective mix and

balance of Director skills, experience and diversity. The appointment of Nick follows on from the

appointment of Jacqueline Robertson in March 2019, meeting the objective stated in July 2018 of

appointing two new directors prior to the 2019 Annual Shareholder Meetings, scheduled for

29 August 2019.


Nick has extensive international real estate advisory and capital markets experience, gained

primarily with some of the world’s leading investment banks. He is currently Managing Director at

CapStra (formerly Pepper Property) in Sydney, Australia, and was previously Managing Director

and Head of Investment Banking Services at Goldman Sachs in Sydney, and Chairman of Goldman

Sach’s Real Estate Investment Banking division. Nick has considerable capital markets experience

and has completed a significant number of direct and indirect real estate sector transactions.


Chairman Tim Storey has welcomed the appointment, commenting “Stride is very pleased to have

Nick join the group. We consider that his strong background in investment banking and property

will complement the current Board skills, and will be extremely valuable to Stride as we continue to

execute our funds management strategy”.


This appointment will take effect immediately. In line with the NZX Listing Rules, Nick will retire

and stand for election at the next Stride Annual Shareholder Meeting, due to be held in August.


End




For further information please contact:


Tim Storey, Chairman, Stride Investment Management Limited / Stride Property Limited

Mobile: +64 21 633 089 - Email:

tim.storey@strideproperty.co.nz


Philip Littlewood, Chief Executive Officer, Stride Investment Management Limited


Mobile: +64 21 230 3026 - Email: philip.littlewood@strideproperty.co.nz


Jennifer Whooley, Chief Financial Officer,

Stride Investment Management Limited

Mobile: +64 21 536 406 - Email: jennifer.whooley@strideproperty.co.nz


Louise Hill, General Manager Corporate Services, Stride Investment Management Limited

Mobile: +64 27 558 0033 - Email: louise.hill@strideproperty.co.nz


A Stapled Security of the Stride Property Group comprises one ordinary share in Stride Property Limited and

one ordinary share in Stride Investment Management Limited. Under the terms of the constitution of each

company, the shares in each can only be transferred if accompanied by a transfer of the same number of shares

in the other. Stapled Securities are quoted on the NZX Main Board under the ticker code SPG. Further

information is available at

www.strideproperty.co.nz or at www.nzx.com/companies/SPG.

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.