GLOBE TRADE CENTRE S.A.
(Incorporated and registered in Poland with KRS No. 61500)
(Share code on the WSE: GTC.S.A)
(Share code on the JSE: GTC ISIN: PLGTC0000037)
(“GTC” or “the Company”)
The management board of Globe Trade Centre S.A. (the “Company”) hereby announces that on 23 February 2018 received a written statement of LSREF III GTC Investments B.V., with its registered seat at Herikerbergweg 238, Luna Arena 1101 CM Amsterdam, the Netherlands, (the “Entitled Shareholder”), according to which the Entitled Shareholder, pursuant to sections 9.1.a), 9.1b) and 9.1c) of the articles of association of the Company appoints Mr. Olivier Brahin as a member of the supervisory board of the Company, effective 1 March 2018.
Pursuant to its statement and the deposit certificate attached thereto, the Entitled Shareholder holds 287,516,755 shares in the Company, which constitute 61.13% of the Company’s share capital and entitles the holder thereof to 61.13% of the votes at the general meeting of the Company.
Olivier Brahin is a partner in Lone Star and Senior Managing Director of Lone Star European Investments, where he is responsible for all commercial real estate investments and directing the commercial real estate origination. Prior to joining Lone Star, from November 2000 through December 2007, Mr. Brahin served as President of Hudson Advisors Europe, directing the underwriting, financing and asset management of all Lone Star investments in Europe. Prior to joining Hudson Advisors, Mr. Brahin worked for the real estate structured finance department of BBC Bank and UIC Sofal. He was a director at JER France responsible for underwriting. He began his career in 1990 as a developer. Mr. Brahin has 28 years of experience in commercial real estate investment, financing, and asset management.
Mr. Brahin holds both a Masters degree in Finance as wells as a Masters degree in Economics from the University Paris – Dauphine IX.
According to his statement, Mr. Brahin is not entered in the register of insolvent debtors maintained in compliance with the Act on the National Court Register dated 20 August 1997, does not perform any activities outside of the Company’s business which could be considered competitive with respect thereto, does not participate in any competitive business either as a partner in a civil partnership or any other type of partnership, and is not a member of the authorities of any competitive company or any other competitive entity.
Legal grounds: Paragraph 5 sec. 1 point 22 of the Regulation of the Minister of Finance dated 19 February 2009 on the submission of current and periodical information by issuers of securities and on the conditions for treating as equivalent information required by the laws of a country which is not a member of the European Union.
Warsaw, Poland
Sponsor: Investec Bank Limited