| Tue 7 Oct 2008, 8:55 | | SVB - SilverBridge - Appointments To The Board Of Silverbridge |
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SVB
SVB
SVB - SilverBridge - Appointments To The Board Of Silverbridge
SilverBridge Holdings Limited
(formerly Synergy Holdings Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 1995/006315/06)
Share code: SVB & ISIN: ZAE000086229
("SilverBridge")
APPOINTMENTS TO THE BOARD OF SILVERBRIDGE
In compliance with paragraph 3.59 of the Listings Requirements of JSE Limited,
notification is hereby given that:
Mr. Jeremy de Villiers has been appointed as a non-executive director with
effect from 02 October 2008. Mr. Jeremy de Villiers is a qualified Chartered
Accountant. He has over ten years experience in Investment Banking and
Corporate Finance as a senior advisor and dealmaker. He advised numerous listed
companies - including Cape Empowerment Trust, on mergers, acquisitions,
disposals, funding and growth strategies, BEE, corporate restructurings, capital
raising and JSE compliance.
Mrs Sphelele Sangweni has been appointed as an alternate director to the
Chairman, Mr. Andile Sangqu. Mrs Sphelele Sangweni is a qualified Chartered
Accountant. She has extensive experience in risk return regulatory accountancy
and lectured at the University of the Witwatersrand from 2005 - 2007. She
currently serves on the board and the audit committee of Bell equipment sales SA
Limited as a non-executive director.
The board welcomes Mr. Jeremy de Villiers and Mrs Sphelele Sangweni and believes
that they will be a valuable addition to the board.
CHANGE OF ROLE OF A DIRECTOR
Mrs. Freda du Toit, who was previously an executive director, will henceforth
fulfill the role of a non-executive director. She will consult to the group and
remain fully involved in the strategy and business development but will no
longer be responsible for the day to day operational management. Freda will
remain a major shareholder of the group.
Pretoria
7 October 2008
Designated Advisor
Sasfin Capital
(a division of Sasfin Bank Limited)
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