CSP - Chemical Specialities - Resignation Of Financial Director And Renewal
CSP
CSP
CSP - Chemical Specialities - Resignation Of Financial Director And Renewal
Of Cautionary
Chemical Specialities Limited
(Incorporated in the Republic of South Africa)
(Registration number 2005/039947/06)
JSE share code: CSP
ISIN Number: ZAE000109427
("ChemSpec")
Resignation of Financial Director and renewal of cautionary
Shareholders are advised that Jonathan Maehler has resigned as Financial
Director of ChemSpec with effect from today to pursue a family interest. His
father-in-law who owns his own Durban based building construction material
company has become ill over the last few months and Jonathan has decided to join
the family business to assist in running it.
Bruce Mackinnon, who was the financial manager prior to Jonathan joining
Chemspec in December 2007, will take back this responsibility until further
notice and Maehler will assist with a proper handover of his responsibilities as
required. The Chemspec board of directors wish to extend their thanks to
Maehler for his invaluable contribution to the company and wish him well in this
new venture.
Shareholders are referred to the cautionary announcement made on 28 October 2008
and are advised that ChemSpec is still in negotiations, which if successfully
concluded, may have a material effect on the price of ChemSpec`s securities.
Accordingly, shareholders are advised to continue exercising caution when
dealing in the company`s securities until a full announcement is made.
Durban
26 November 2008
Designated Advisor
QuestCo Sponsors (Proprietary)
Limited
Date: 26/11/2008 17:10:02 Produced by the JSE SENS Department.
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