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SANYATI HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1988/002538/06)
JSE Share code: SAN ISIN: ZAE000081055
("Sanyati" or the Company)
CHANGES TO THE BOARD OF DIRECTORS
Rick Jackson, Non-Executive Chairman of Sanyati, announced his resignation
today. Jackson was a founding member of the company and played a pivotal role
in building the company into the civils engineering and construction company it
is today. He served as CEO and Executive Chairman of Sanyati until 1 May 2009
following the appointment of Malcolm Lobban as CEO. Rick Jackson later became
the Non-Executive Chairman of Sanyati as part of a succession planning strategy
as well as to comply with King III.
After twenty one years, Jackson feels that he is ready to pursue his own
personal interests. The Board of Sanyati expressed its gratitude and
appreciation to Rick Jackson for his dedication and hard work in establishing
Sanyati as a "Partner of Choice" in the civils industry.
Sanyati is in the process of restructuring and streamlining its Board and is
expecting to announce the restructured Board of Directors, which will include a
new Non-Executive Chairperson, on or about Monday, 25 January 2010.
Durban
19 January 2010
Sponsor:
Exchange Sponsors
Date: 19/01/2010 14:55:01 Produced by the JSE SENS Department.
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