Alana Barron to join Precinct as Future Director

Precinct Properties Group (NZX: PCT) (Precinct) is pleased to announce the appointment of Alana Barron as its first Future Director, for a period of one year effective 13 November 2023.

Alana is a capital markets professional with 20 years’ experience in New Zealand, Australia, Hong Kong and the United States.

Alana’s previous experience includes most recently her role as Head of Client Solutions and Director, Institutional Equities at Jarden. She also has extensive equity research sales and equity capital markets experience at Deutsche Bank in both Sydney and Hong Kong. Earlier in her career Alana was the Trade Commissioner and Consul for New Zealand Trade & Enterprise in New York.

Precinct Chair Craig Stobo says: “Precinct is delighted to join the Institute of Directors’ Future Director Programme this year and is committed to helping ensure New Zealand has a greater pool of governance talent to draw from.”

Future Director Programme

Administered by the Institute of Directors, the Future Directors Programme is designed to help identify and grow the next generation of directors in New Zealand, including recognising talented executives who are interested in developing governance skills. Participants attend Board meetings where they contribute to discussions in an observer capacity. Future Directors do not have voting rights and are not involved in any decision making.

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For further information, please contact:

Scott Pritchard
Chief Executive Officer
Mobile: +64 21 431 581
Email: [email protected]

George Crawford
Deputy Chief Executive Officer
Mobile: +64 21 384 014
Email: [email protected]

Richard Hilder
Chief Financial Officer
Mobile: +64 29 969 4770
Email: [email protected]

About Precinct (PCT)

Listed on the NZX Main Board under the ticker code PCT and ranked in the NZX top 30, Precinct is the largest owner, manager and developer of premium inner-city real estate in Auckland and Wellington. Precinct is predominantly invested in office buildings and also includes investment in Generator, Commercial Bay retail, third party capital partnerships, and a multi-unit residential development business. For information visit: www.precinct.co.nz

On 1 July 2023, Precinct effected a restructuring to create a stapled group structure. A stapled group comprises two listed parent companies whose shares are held by the same shareholders in equal proportions. The shares in each parent company can only be transferred or dealt with together.

Shareholders in Precinct Properties Group (“Precinct”) hold an equal number of shares in Precinct Properties New Zealand Limited (“PPNZ”) and Precinct Properties Investments Limited (“PPIL”) and these shares can only be dealt with together. The stapled issuers are described as “Precinct Properties NZ Ltd & Precinct Properties Investments Ltd (NS)” on NZX systems and the ticker code for the stapled shares remains PCT.

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Announcement PDF