PGR - Peregrine Holdings Limited - Leadership changes at peregrine
PGR
PGR
PGR - Peregrine Holdings Limited - Leadership changes at peregrine
Peregrine Holdings Limited
(Registration number 1994/006026/06)
JSE code: PGR ISIN code: ZAE000078127
("Peregrine" or "the group")
LEADERSHIP CHANGES AT PEREGRINE
Shareholders are referred to the SENS announcement dated 1 April 2009 in which
shareholders were advised that:
- Leonard Harris had been appointed as non executive Chairman;
- Sean Melnick had stepped down as Chairman and assumed the role of group CEO
with Jan van Niekerk being appointed as deputy group CEO / CEO designate.
The intention was that, post a transition period of between 12 and 18 months,
Sean Melnick would step down and Jan van Niekerk would assume the role of group
CEO.
Shareholders are advised that, with effect from 3 August 2010:
- Jan van Niekerk has been appointed as group CEO, assuming responsibility
for all of the group`s day to day operations. The functioning of the group
will continue to be augmented by an executive committee comprising several
key individuals within the organisation;
- Sean Melnick has stepped down as group CEO and has been appointed as deputy
Chairman with Leonard Harris retaining the role of independent, non
executive Chairman. Sean Melnick will continue to hold the position of
Chairman of the group`s offshore subsidiary, Stenham Limited.
3 August 2010
Sponsor
Java Capital (Proprietary) Limited
Date: 03/08/2010 15:06:04 Produced by the JSE SENS Department.
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