WEZ - Wesizwe Platinum Limited - Change to the Board of Directors
WEZ
WEZ
WEZ - Wesizwe Platinum Limited - Change to the Board of Directors
WESIZWE PLATINUM LIMITED
Incorporated in the Republic of South Africa
Registration no. 2003/020161/06
JSE Code: WEZ
ISIN: ZAE000075859
("Wesizwe" or "the Company")
CHANGE TO THE BOARD OF DIRECTORS
Shareholders are advised in terms of section 3.59 of the JSE Listings
Requirements that the board of directors has given written notice, in terms of
the Company`s Articles of Association, asking Messrs. MH Solomon and RG Rainey
to step down as directors of the Company, with immediate effect.
Accordingly, Mr. N. Tengawarima, current Financial Director of the Company, will
assume the position of acting CEO until the Board has identified a suitable
replacement. Further announcements regarding the reconstitution of the Board
will be made in due course.
Wesizwe would like to take this opportunity to thank Mr. Solomon and Mr. Rainey
for their contributions to the Company during their tenure.
Shareholders are advised that the Company has received notification that Messrs.
Solomon and Rainey intend bringing an application to challenge their removal as
directors.
The Cautionary announcement released on 27 October 2009 remains in place.
Johannesburg
3 November 2009
Sponsor
Investec Bank Limited
Date: 03/11/2009 17:05:01 Produced by the JSE SENS Department.
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