| Thu 6 Sep 2007, 7:05 | | YRK - The York Timber Organisation Limited - Chang |
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YRK
YRK
YRK - The York Timber Organisation Limited - Changes in directorate
The York Timber Organisation Limited
(Registration number 1916/004890/06)
Share code: YRK
ISIN: ZAE000008108
("York" or "the Company")
CHANGES IN DIRECTORATE
Shareholders of York are advised of the following changes to the directorate
with effect from 4 September 2007-
Appointments:
1. Simon Murray (35) BComm, CFA
Simon currently is a private equity transactor at RMB Ventures.
2. Gavin Tipper (42) CA(SA), MBA, BComm
Gavin is currently the Chief Operating Officer, Coronation Holdings
Limited, subsequently Coronation Investments & Trading Limited.
3. Tlhopheho Modise (48) MBA
Tlhopheho is currently the CEO of Grandbridge Trading publishers of
TRIBUTE, a magazine for black professionals. Tlhopheho also serves on the
credit committee at the IDC and also served on the board of Global Forest
Products companies until July 2007.
4. Shakeel Meer (45) MBL, B Sc
Shakeel is currently a member of the IDC`s Executive Management with
overall responsibility for IDC investments in the Metals, Wood and Paper,
Chemicals, Textiles and Clothing and Construction related sectors as well
as overall responsibility for managing off-balance sheet and ring-fenced
funds.
5. Paul Botha (44) BA, LLB, HDip Tax, HDip Law
Paul is an attorney and notary by training and is the CEO of Metier
Investment and Advisory Services (Pty) Limited. Paul has extensive
corporate finance and corporate Law experience.
Resignations:
6. William Marshall-Smith (29) CA(SA)
William served as a Blackstar Investors representative on the Board since
February 2007 Blackstar facilitated and guided York`s strategy since it
acquired control of York in February 2007. This resulted in the major
company transforming acquisition of the Global Forest Products which was
concluded in July 2007.
William has elected to step down in favour of an independent industry
specialist in order to give the new board more balance. William will become
an alternate to Andrew Bonamour.
The Board extends it appreciation to William for his valuable contribution
and commitment to the company during his period in office
Sabie, Mpumalanga
5 September 2007
Sponsor
Metier
Date: 06/09/2007 07:05:02 Produced by the JSE SENS Department.
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