| Fri 26 Feb 2010, 16:25 | | AND - Andulela - Changes to the Board |
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AND - Andulela - Changes to the Board
ANDULELA INVESTMENT HOLDINGS LIMITED
(Previously DNR Capital Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 1950/037061/06)
Share code: AND & ISIN code: ZAE000125894
("Andulela" or "the company")
CHANGES TO THE BOARD
Consequent on the acquisition by Newshelf 1005 (Proprietary) Limited of
control of Andulela the board of directors of Andulela ("the board")is to be
reconstituted with immediate effect.
The remaining non-executive directors of the company, being the non-
executive chairman Phillip Vallet and the independent non-executive director
Dudley Rubin have resigned. This follows the previously announced
resignations of Sir Sam Jonah, Richard Jonah and John Barton-Bridges. The
board thanks Messrs Vallet and Rubin for their services to the company.
The following non-executive appointments have been made to the board,
namely:
- Mr Graham Rosenthal, a Chartered Accountant registered as such with the
South African Institute of Chartered Accountants. He was a partner at
Schwartz Fine and its predecessor from 1967 to 1979 and an
international partner of Arthur Andersen, subsequent to merger, 1979 to
2000;
- Mr David Currie, a Chartered Accountant registered as such with the
South African Institute of Chartered Accountants. He was previously
employed by Anglo American plc where he spent the last six years in
their Corporate Finance and Anglo Coal Divisions;
- Mr Mohamed Junaid Husain, an attorney registered as such with the Law
Society of the Northern Provinces. In 1983, he joined Edward Nathan &
Friedland Inc as an articled clerk. He was a director of that firm from
1990 to 1999 where he was latterly Head of the Constitutional and
Administrative Law Department. He co-founded Knowles Husain Lindsay Inc
in January 2000 and has been a director of Knowles Husain Lindsay since
then; and
- Mr Ashruf Kaka, an attorney and registered as such with the Law Society
of Northern Provinces. In 2006 he was appointed to an Executive
Management position within the Abalengani and Xeedan Groups of
Companies.
Accordingly, the reconstituted board comprises Graham Rosenthal, David
Currie, Mohamed Junaid Husain, Ashruf Kaka and Pieter de Jager.
26 February 2010
Sponsor
Java Capital (Proprietary) Limited
Date: 26/02/2010 16:25:07 Produced by the JSE SENS Department.
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