| Wed 17 Nov 2010, 13:56 | | EQS - Eqstra Holdings Limited - Results of annual general meeting (AGM) and |
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EQS
EQS
EQS - Eqstra Holdings Limited - Results of annual general meeting ("AGM") and
changes to the board
Eqstra Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1998/011672/06)
ISIN: ZAE000117123
JSE share code: EQS
("Eqstra" o "Company" or "Group")
RESULTS OF ANNUAL GENERAL MEETING ("AGM") AND CHANGES TO THE BOARD
RESULTS OF AGM
Shareholders are notified that at the Company`s AGM held on Wednesday, 17
November 2010, all ordinary resolutions proposed at the meeting were duly
passed by the requisite majority votes, with the exception of ordinary
resolution number 2.1 which was withdrawn.
CHANGES TO THE BOARD OF DIRECTORS ("BOARD")
Shareholders are advised that Dr Popo Molefe has resigned from the Board,
with effect from 30 November 2010, due to other demanding business
engagements.
Shareholders are further advised of the retirement of Mr Mike Barnes, the CEO
of the MCC group of companies ("MCC") (wholly-owned subsidiaries of Eqstra),
with effect from 31 December 2010. Mr Barnes will continue to serve as a non-
executive board member of MCC.
Mr Erich Clarke, the Group`s current CFO, has been appointed as the new CEO
of MCC, with effect from 1 January 2011. He will remain an executive board
member of Eqstra. Mr Clarke will be replaced by Mr Jannie Serfontein, who
will be the new CFO and executive director of the Group with effect from 1
January 2011. Mr Serfontein is an assurance partner at Deloitte and Touche,
Pretoria Office.
The Board would like to thank Dr Molefe and Mr Barnes for their valued
contribution to the Group over the years and welcomes Mr Clarke and Mr
Serfontein into their new positions.
17 November 2010
Sponsor: Merrill Lynch South Africa (Pty) Limited
Date: 17/11/2010 13:56:01 Produced by the JSE SENS Department.
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