| Mon 19 Nov 2007, 15:47 | | SPG - Super Group Limited - Results of annual gene |
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SPG
SPG
SPG - Super Group Limited - Results of annual general meeting and resultant
changes to the board of directors
Super Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1943/016107/06)
ISIN number: ZAE000011334
Share code: SPG
("Super Group" or "the Company")
Results of Annual General Meeting and resultant changes to the board of
directors.
Shareholders are advised that the special and ordinary resolutions proposed
in the notice of the Annual General Meeting ("the meeting"), dated 8 October
2007, were passed by the requisite majority at the annual general meeting of
the Company held at 09:00 on Monday, 19 November 2007, with the exception of
ordinary resolution number 1 pertaining to the placement of 10% of the un-
issued ordinary shares under the control of the directors. Shareholders
representing 71.77% of the issued ordinary shares in the Company were
represented in person or by proxy at the meeting. The special resolutions
will be lodged with the Registrar of Companies for registration.
In compliance with Rules 3.59 - 3.62 of the JSE Limited Listing Requirements,
the following information is disclosed:
In line with international market trends the current composition of the board
of directors ("the Board") has been reviewed. The Board has decided to reduce
the number of executive directors, confining membership to the Chief
Executive Officer and Chief Financial Officer. Accordingly, Les Johnston and
Philip Smith who, by rotation, retired from the Board at the meeting did not
stand for re-election. Les Johnston and Philip Smith remain with, and
continue to be, fully committed to Super Group.
Subsequent to the meeting, the Board will now be constituted as follows:
Larry Lipschitz Chief executive officer
Dheven Dharmalingam Chief financial officer
Peter Malungani Non-executive Chairman
Phillip Vallet Non-executive Deputy Chairman
Sam Abrahams Independent non-executive director
Busi Tshili Non-executive director
Sandton
19 November 2007
Sponsor: Deutsche Securities (SA) (Proprietary) Limited
Date: 19/11/2007 15:47:27 Produced by the JSE SENS Department.
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