Staff Writer
Directors of Oryx Properties Limited have increased their indirect beneficial interests in the company following the acquisition of stakes in an investment vehicle that holds shares in the property group.
Oryx owns several retail properties in Windhoek, including Maerua Mall Retail and Gustav Voigts Retail Centre.
In a voluntary announcement released on the Namibian Stock Exchange, the company said chief executive officer and executive director Ben Jooste and chief financial officer and executive director Francis Heunis acquired indirect interests in TLP Investments One Three Seven (Pty) Ltd on 15 May 2026.
TLP holds a direct shareholding in Oryx Properties, which resulted in changes to the directors’ indirect beneficial interests in the company.
Following the transaction, Jooste’s indirect beneficial interest in Oryx increased from 1.575% to 1.605%, while Heunis’ interest rose from 0.309% to 0.311%.
Oryx said the transaction did not involve any direct purchase of Oryx shares by the directors. The changes resulted from the acquisition of interests in TLP.
The company also confirmed that both the sponsor and the NSX were consulted during the transaction process.
Heunis, who joined the Oryx board in 2021, holds qualifications including a BCom honours degree, CA (Nam), professional accountant (Nam) and an MBA.
Before becoming chief financial officer, she served as finance manager at Oryx from 2018. She previously worked as a senior manager at PwC and also served as a non-executive director at the Namibia Water Corporation Limited.
Her experience includes financial management, tax, risk management, governance and regulatory matters.
Jooste has served at Oryx since 2018 and has more than 25 years of experience in the property, financial, legal and technology sectors.
He previously served as head of the rest of Africa at Hitachi Data Systems and worked on mergers and acquisitions involving Hitachi, Bank of America and Merrill Lynch.
He has also worked as a consultant on projects for Barclays, ABN AMRO, Royal Bank of Scotland, Abbey National and Dresdner Kleinwort Benson across Europe, the Middle East and Africa.
