SBL - Sable Holdings Limited - Changes to the board of directors
SBL
SBL
SBL - Sable Holdings Limited - Changes to the board of directors
SABLE HOLDINGS LIMITED
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER 1968/010636/06)
("SABLE" OR "THE COMPANY")
SHARE CODE: SBL ISIN: ZAE000006383
CHANGES TO THE BOARD OF DIRECTORS
In compliance with sections 3.84 (c) and 3.59 of the JSE Limited Listings
Requirements, shareholders are advised that Mr IA Chambers, currently an
independent non-executive director of Sable, has been appointed as lead
independent director to the board of Sable with immediate effect.
Mr IA Chambers (45) has served as a non-executive director of the company for 3
years. The board has satisfied itself of Mr Chamber`s independence as outlined
in the Companies Act No. 71 of 2008, as amended, and the King 3 Code on
Corporate Governance.
Additionally, the company is pleased to announce the appointment of Mr JN Snell
as an independent non-executive director of the company. Mr JN Snell will serve
as a member of the audit committee with immediate effect.
Mr JN Snell (37) is the financial director of Abland (Pty) Ltd, a company
involved in the property sector. Mr JN Snell has been involved in the property
sector since 2004.
JOHANNESBURG
6 May 2011
DESIGNATED ADVISOR
SASFIN CAPITAL
(A DIVISION OF SASFIN BANK LIMITED)
Date: 06/05/2011 12:58:01 Produced by the JSE SENS Department.
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