Directorate Change

 

TIDMNAT 
 
RNS Number : 0582W 
Nanette Real Estate Group N.V. 
22 July 2009 
 

Nanette Real Estate Group N.V. 
("Nanette", "Company" or "Group") 
 
 
Directorate Changes 
 
 
Nanette Real Estate Group N.V., the Central & Eastern European residential real 
estate developer, is pleased to announce that Mr. Ron Hadassi, who is currently 
a director in the company, is to be appointed as a Vice-Chairman and an 
executive director of Nanette, subject to approval at the EGM to be held on the 
6th of August 2009. 
Nanette is also pleased to announce that, subject to approval at the EGM, to be 
held on the 6th of August 2009, Ms. Sophie van Oosterom will join Nanette's 
Board, as a non-executive director with effect from the 6th of August, as the 
Lehman Real Estate Private Equity ("LBREP") representative, replacing Gerald 
Parkes, who stepped down from the Board on 29th of May, 2009. LBREP is holding 
25,762,416 ordinary shares representing 14.96% of the issued share capital of 
Nanette. 
 
 Furthermore, Mr. Ferenc Karl Sr., who will represent  Leo Artec 
Limited ("Leo") and Mr. Alon Bachar, who will represent Olimpia Real Estate 
("Olimpia"), will be joining Nanette's Board, again subject to shareholder 
approval at the forthcoming EGM, as independent non-executive directors with 
effect from  the 6th of August, 2009.  Leo is holding 16,836,720 ordinary 
shares, representing 9.763% of the issued share capital of Nanette. Olympia is 
holding 56,003,079 ordinary shares, representing 32.475% of the issued share 
capital of Nanette. 
Chairman of Nanette, Shaul Lotan said: 
"We would like to thank Mr. Gerald Parkes for his contribution to Nanette's 
achievements. Furthermore, we are very pleased to add figures of such calibre to 
Nanette's board. Their expertise and knowledge of our industry will provide us 
with valuable additional resources." 
 
Sophie van Oosterom (37) 
Ms. Sophie van Oosterom is currently Managing Director and European Head of 
Asset Management of Real Estate Private Equity at Lehman Brothers. Ms. van 
Oosterom is responsible for EUR10bn of assets under management, currently through 
portfolio companies spread over various European countries and South Africa. 
Previously, Ms. van Oosterom was a Senior Vice President with Lehman Brothers 
from 2002 to 2008. 
Ms. Van Oosterom's current directorship positions include the following private 
companies: 
 
Chancerygate (Business Centre) Limited 
CP Heathrow 
CP (Leeds) Limited 
Centre Hotels (Cranston) Limited 
GONDOLA-HÁZ Ingatlanforgalmazó és Hasznosító Korlátolt Felelosségu Társaság 
HI (Guildford) Limited 
HI (Reading South) Limited 
HI (Hemel Hempstead) Limited 
HI (Milton Keynes) Limited 
HI (Birmingham City) Limited 
HI (Birmingham M6 J7) Limited 
HI (Colchester) Limited 
HI (Farnborough) Limited 
HI (Ipswich) Limited 
HI (Edinburgh) Limited 
HI UK Limited 
HI (Brentwood) Limited 
HI (Chester South) Limited 
HI (London Heathrow Ariel) Limited 
HI (Southampton) Limited 
HI (London Gatwick) Limited 
HI (Lancaster) Limited 
HI (London Heathrow M4 J4) Limited 
HI (London Heathrow M4 J4) No. 2 Limited 
HI Finance Properties Limited 
HI (Carlisle) Limited 
HI (Coventry) Limited 
HI (Eastleigh) Limited 
HI (High Wycombe) Limited 
HI (Basildon) Limited 
HI (Regents Park) Limited 
HI (Norwich) Limited 
HI (Leicester) Limited 
HI GC Limited 
HI (Brent Cross) Limited 
HI (Edinburgh North) Limited 
HI (Maidenhead) Limited 
HI (Strathclyde) Limited 
Kensington PH Limited 
LRG Holdings Limited 
LRG Acquisitions Limited 
LRG Hotels Limited 
LRG Health and Fitness Limited 
Leased Hotels Limited 
LRG Hotels Group (UK) Limited 
London LRG Hotel Limited 
LRG (UK) Limited 
LRG Holdings No 2 Limited 
LRG IG Limited 
NAS Cobalt No. 2 Limited 
SC Hotels and Holidays Limited 
OK Investments Spz.o.o. 
Pendigo Hotels Limited 
Robyg SA 
 
Ms. Van Oosterom's previous directorship positions included the following 
private companies: 
Agrippa Srl 
Banaleno Trading & Investments Ltd 
Collatina Srl 
Cultuck Holdings Gallco Ltd 
Lodi Srl 
Lincotimotejen Holding AB 
Lincotimotejen AB 
Lincocronan AB 
Linco Fastighets AB 
Lincosmultronet 2 AB 
Lincogetingen 15 AB 
Lincoaprikosen 3 AB 
Magolfa Srl 
Navigli Srl 
Olgettina Srl 
Objectline Investments ltd 
SIA Skaistais Krasts 
SIA CAPITOLIA GROUP 
Sunnytown investments ltd 
Resitalia Srl 
 
Liquidation / Insolvency of previous directorship positions: 
 
 
SIA Capitolia Group was declared insolvent on 13 May 2009 following a creditor's 
petition for its insolvency; however, the directors had already taken the 
decision to file for SIA Capitolia Group's insolvency before the creditor's 
petition had been filed. 
 
 
There are no further disclosures pursuant to the AIM Rules 
 
 
 
 
Ferenc Karl Senior (69) 
Mr. Ferenc Karl Sr. was the Deputy Manager, Legal Department, Magyar Telecom Rt. 
(the Hungarian Telecommunications Company) until 2008. He brings extensive 
business and legal experience by heading several legal departments in large 
organizations in Hungary. 
Mr. Karl has been a board member of the following companies/partnerships: 
Between1994-2008 he was a board member of Matáv MRP Szervezet, a publicly listed 
company on the Budapest Stock Exchange and the New York Stock Exchange. Between 
1995-2005 he was a member of the Supervisory Board of Emitel ZRt., a private 
company. In 1992-2000 he was the Chairman of the Supervisory Board of Intertrade 
ZRt., a private company. 
There are no further disclosures pursuant to the AIM Rules 
 
 
 
 
Alon Bachar (40) 
 
 
Mr. Alon Bachar is currently the CFO of Bronfman Fisher Group Tel Aviv, since 
July 2006. He is Responsible for investment management, handling transactions, 
fund raising and relations with the banks.  Mr. Bachar is also responsible for 
various day to day operations of the group. From Feb 2003 to July 2006 Mr. 
Bachar was Deputy Chief Corporate Division of the Jerusalem Bank and deputy 
Chief of the main branch of the bank. 
 
 
From 1999 to 2003 Mr. Bachar was Credit Officer of the Corporate Division of the 
Industry Development Bank, Tel Aviv. From 1996 - 1999 Mr. Bachar was an analyst 
and Credit Officer Corporate Division of Leumi Bank - Headquartered in Tel Aviv 
 
 
Mr. Bachar serves as a director in the following public companies listed on the 
Tel Aviv Stock Exchange: 
Isralom Properties Ltd 
Palace Industries (P.I.) Ltd 
Supersol Ltd 
There are no further disclosures pursuant to the AIM Rules 
 
 
22/07/09 
 
 
Enquiries: 
+-----------------------------+--------------------+----------------+----------------+ 
| Nanette Real Estate         |                                                      | 
+-----------------------------+------------------------------------------------------+ 
| Shaul Lotan                 |   + 31 20 778 4141 | 
+-----------------------------+--------------------+ 
| Eyal Keltsh                 |   + 48 606 141 201 | 
+-----------------------------+--------------------+ 
| Global Equity IR            |   07956 206270                                       | 
+-----------------------------+------------------------------------------------------+ 
| Amira Bardichev             |                                                      | 
+-----------------------------+------------------------------------------------------+ 
| KBC Peel Hunt               |   020 7418 8900                     | 
+-----------------------------+-------------------------------------+ 
| Capel Irwin                 |                                     | 
+-----------------------------+--------------------+----------------+----------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 BOAMGGZNMMFGLZZ