CDZ - Cadiz Holdings Limited - Appointment of Chairman
CDZ
CDZ
CDZ - Cadiz Holdings Limited - Appointment of Chairman
Cadiz Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1997/007258/06
ISIN: ZAE000017661
JSE Share code: CDZ
("Cadiz" or "the company")
APPOINTMENT OF CHAIRMAN
In compliance with rule 3.59 of the Listings Requirements of the JSE Limited,
Cadiz Holdings Limited hereby advises shareholders that with effect from 9 March
2011 Ray Cadiz has, for personal reasons, resigned as chairman and will continue
to serve on the Cadiz board as a non-executive director.
Peter-Paul Ngwenya has, in accordance with the board`s decision taken three
years ago to identify and appoint a black chairperson, been appointed as non-
executive chairman.
Mr Ngwenya has served on the board for the past seven years. However, as
chairman and a shareholder of Cadiz`s empowerment partner, Makana Investment
Corporation, he is not considered to be independent.
Colin Hall has been reappointed to serve as lead independent director.
The Cadiz board would like to thank Ray Cadiz for his commitment and valuable
contribution as chairman over the past four years.
Cape Town
10 March 2011
Sponsor: Investec Bank Limited
Date: 10/03/2011 17:28:01 Produced by the JSE SENS Department.
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