ABK - African Brick Centre Limited - Changes to the board and designated advisor
ABK
ABK
ABK - African Brick Centre Limited - Changes to the board and designated advisor
AFRICAN BRICK CENTRE LIMITED
(Incorporated in the Republic of South Africa)
Registration Number: 1999/006214/06
Share Code: ABK ISIN: ZAE000105169
("the company")
CHANGES TO THE BOARD AND DESIGNATED ADVISOR
In compliance with Section 3.59 (a) and (b) of the Listings Requirements of the
JSE Limited, shareholders are informed that Mr Jan de Wet has resigned as the
Managing Director of the company with effect from 28 February 2010. The Board of
Directors ("the Board") thanked Jan for the valuable contribution he made to the
company and wished him well for the future.
The Board has pleasure in informing shareholders that Mr Musawenkosi (Musa)
Shangase has been appointed as the Managing Director of the company with effect
from 28 February 2010.
Musa worked at Pretoria Portland Cement Company Ltd (PPC) from 1993 to 1995 as
the Business Development Manager. He was appointed in 1995 as the General
Manager and then the Managing Director in 1996 for Build-war Market. Musa
worked as a Sales & Marketing Manager at PPC from 1998 until 2005 and as General
Manager Business Development at Saint-Gobain Construction Productions from 2006
until 2009. Musa was appointed as the Sales and Marketing Director of African
Brick (Pty) Ltd, a wholly owned subsidiary of the company on 1 October 2009.
Shareholders are further advised that the company has appointed Grindrod Bank
Limited as Designated Advisor with effect from 1 March 2010.
Designated Advisor
PSG Capital (Proprietary) Limited
22 February 2010
Date: 22/02/2010 16:34:02 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.