| Wed 12 May 2010, 16:00 | | CSP - Chemspec - Appointment of board members and announcement of results of |
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CSP
CSP
CSP - Chemspec - Appointment of board members and announcement of results of
special general meeting
Chemical Specialities Limited
Incorporated in the Republic of South Africa)
Registration number 2005/039947/06)
Share code: CSP
ISIN: ZAE000109427
("Chemspec" or "the Company")
APPOINTMENT OF BOARD MEMBERS AND ANNOUNCEMENT OF RESULTS OF SPECIAL GENERAL
MEETING
1. Appointment of Board Members
Shareholders are advised that the following appointments to the Chemspec board
of directors ("the Chemspec Board") have been made with immediate effect:
1.1 Neil Page, as non - executive director to the Chemspec Board who is
also managing director of RMB Corvest 6 (Pty)Limited ("RMB Corvest");
1.2 Graham Marwick, as independent chairman of the Chemspec Board; and
1.3 Graham Ferns, as financial director to the Chemspec Board.
Brief details of each of the appointees are set out hereunder.
Neil Page B Com, CAIB (SA), Dip. SAIM:
Neil is currently the managing director of RMB Corvest and has gained extensive
experience in commercial banking including retail, corporate and international
banking. Neil has specialised in private equity since 1985.
Graham Marwick C.A (S.A.), Hons.B.Compt, A.C.I.S:
Graham is a Chartered Accountant and Registered Auditor, and practices as such,
with over 35 years of extensive experience in the profession. He is Executive
Chairman of "Marwick and Company Inc," an independent, medium sized audit firm
which operates on a national basis, but predominantly in KwaZulu-Natal.
Graham Ferns C.A (SA)Hons.B.Compt:
Graham is a Chartered Accountant with more than 20 years experience in the
manufacturing environment. Graham has worked mainly in the large multinational
corporate environment with companies such as Smith and Nephew Limited, as
financial manager, Sara Lee Corporation as Financial Director for the Playtex
business and as Group Financial Director for the South Africa Branded Apparel
Group and G4S Limited as Financial Director for Africa which encompassed
operations in nine countries. and held positions such as Group Financial
Director for these entities in South Africa and Africa.
The Company would like to welcome the appointees to the Chemspec Board and look
forward to the value they will add through their exceptional expertise.
2. Results of the General Meeting
Shareholders are advised that all of the resolutions tabled at the Special
General Meeting held on Tuesday, 11 May 2010, were passed by the requisite
majority of shareholders.
Verulam
12 May 2010
Designated Advisor: QuestCo Sponsors (Pty) Limited
Date: 12/05/2010 16:00:01 Produced by the JSE SENS Department.
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