R.E.A. Holdings plc: Appointment of director

R.E.A. Holdings plc ("REA")

Appointment of director

The directors are pleased to announce that Rizal Satar has been appointed as a non-executive director of REA with effect from 31 December 2018.  

Mr Satar is an Indonesian national, educated in the United States and Belgium where he majored in computer science, accounting and finance.  Until 2017, Mr Satar worked for 20 years for PricewaterhouseCoopers, Indonesia ("PwC"), as a director/senior partner in Advisory Services, where he was also managing partner between 2005 and 2011. Prior to joining PwC, Mr Satar worked for various companies in Indonesia specialising in finance, leasing and computer systems. Mr Satar is also an independent commissioner (a non-executive director) of PT Centratama Telekomunikasi Indonesia Tbk, a company listed on the Indonesia Stock Exchange and engaged in the provision of infrastructure for cellular networks and broadband internet services.

There are no further matters to be disclosed pursuant to 9.6.13R of the Listing Rules of the Financial Conduct Authority in relation to Mr Satar's appointment as a director of REA.