| Mon 13 Oct 2008, 13:43 | | ADH - ADvTECH - Restructuring of the Board of Directors |
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ADH
ADH
ADH - ADvTECH - Restructuring of the Board of Directors
ADvTECH Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1990/001119/06)
Share code: ADH ISIN: ZAE000031035
("ADvTECH")
Restructuring of the Board of Directors
The Board of Directors of ADvTECH Limited, the education, recruitment and human
resources Group ("the Board"), announces that further restructuring of the Board
has taken place in closer compliance with the recommendations of the King Code
II on Corporate Governance.
In terms hereof and with effect from 10 October 2008, Messrs Craig Duff, Lenn
Honey, Nico Booyens, John Deeb and Eric Shipalana, all executive directors of
the Group, will step down from the Board and Mr Alex Isaakidis and Dr Felicity
Coughlan will simultaneously withdraw as alternate directors. All of the
abovementioned senior executives will continue their executive roles within the
Group. We take this opportunity to thank each of these executives for their
valuable contributions to the ADvTECH Board during their terms in office.
The reconstituted Board of Directors from 10 October 2008 is:
MI Sacks (acting Chairman)*, FR Thompson (Chief Executive Officer), JDR Oesch
(Chief Financial Officer), BD Buckham*, HR Levin*, DK Ferreira*, Prof. JD
Jansen*, F Titi*, Prof. BM Gourley* and JC Livingstone*. (* non-executive
director)
13 October 2008
Johannesburg
Sponsor: Bridge Capital Advisors (Pty) Limited
Date: 13/10/2008 13:43:01 Produced by the JSE SENS Department.
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