Bagir has announced the appointment of Jonathan Feldman as NED. Under Israeli law two external directors are required in a public company, and this announcement follows on from Esther Maoz’s appointment on 19 January. Jonathan has significant experience in international clothing manufacturing and dealing with major retailers, having previously been Joint MD of Jayroma London Limited. He is currently Joint MD of Global Mutual Properties (property management and investment specialists). His nomination is conditional upon the consent of shareholders at the AGM (at 10am on 6 June). Bagir also announces that, although a procedural formality, the share registrations necessary to formally complete the acquisition of the remaining 50% share in its Ethiopian JV will not be concluded by 30 April as previously agreed by the vendor. Bagir has had full operational control of the site since the acquisition was announced in February though.
