Friday, 29 March 2024

Announcement

GENERAL: RBC: Rubicon announces new Board appointment

12 Sep 2017 08:30NZX
September 12, 2017 - Rubicon announced today, that Mr Ranjan Tandon had been
appointed to its Board of Directors.

Mr Tandon is Founder and Managing Member of Libra Advisors LLC (Libra), a NY
hedge fund that holds a 17.6% interest in Rubicon. Libra had assets of US$2.5
billion and invested in domestic and emerging market equities prior to
conversion to a family office in 2012. Barron''s had consistently ranked
Libra in the top 100 Hedge funds.

Mr Tandon is also a Board Member of the NYU Tandon Engineering School (5,500
students), the Carl Schurz Park Conservancy and has endowed Faculty Chairs at
the Harvard Business School and Yale University.  He is also a Director of a
listed Stockholm Company, Vostok Emerging Finance, which invests in early and
growth stage fintech companies across emerging markets.

Mr Tandon graduated from the Harvard Business School and received a
Bachelor''s degree from the Indian Institute of Technology, Kanpur, India.

Given Libra is a substantial security holder in Rubicon, Mr Tandon is not an
independent director under the NZX Listing Rules.

Ends
End CA:00307027 For:RBC    Type:GENERAL    Time:2017-09-12 08:30:19
Views: 55
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