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ANS
ANS
ANS - Ansys Limited - Restructuring of the board of directors of Ansys
ANSYS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1987/001222/06)
(Share Code: ANS ISIN Code: ZAE000097028)
("Ansys" or "the Company")
RESTRUCTURING OF THE BOARD OF DIRECTORS OF ANSYS
Shareholders are advised that Ansys has restructured its board of directors
("the board") in order to ensure a more streamlined board of which the
composition will be more in line with the King Commission recommendations and
sound Corporate Governance principles. The reduction in board members from ten
to six will enhance efficiency and accelerate decision-making processes.
In compliance with section 3.59 of the Listings Requirements of the JSE
Securities Exchange South Africa, notification is hereby given that Johan
Prinsloo, Onno Sakkers, Ian Lamprecht and Johan Kotze, executive directors of
Ansys, have resigned from the board with effect from 01 November 2008 to take up
executive positions on the Executive Committee.
The reconstituted board now comprises:
Executive directors:
Alan Holloway (Chief Executive)
Rachelle Grobbelaar (Chief Financial Officer)
Rudi Barnard
Non-executive directors:
Teddy Daka (Chairman)
Mzolisi Goodman Diliza
Dr Johannes Lodewikus Steyn
The Executive Committee will comprise the following executives:
Alan Holloway (Chief Executive)
Rachelle Grobbelaar (Chief Financial Officer)
Rudi Barnard
Johan Prinsloo
Onno Sakkers
Ian Lamprecht
Johan Kotze; and
Chief Executive Officers of the subsidiaries.
11 November 2008
Johannesburg
Designated Advisor:
Exchange Sponsors (Pty) Ltd
Date: 11/11/2008 10:00:03 Produced by the JSE SENS Department.
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