| Fri 23 Sep 2011, 13:37 | | SHF - Steinhoff International Holdings Limited - Changes to the board |
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SHF
SHF
SHF - Steinhoff International Holdings Limited - Changes to the board
STEINHOFF INTERNATIONAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration no.: 1998/003951/06)
Ordinary share code: "SHF"
ISIN: ZAE000016176
("the Company" or "Steinhoff")
CHANGES TO THE BOARD
In compliance with paragraph 3.59 of the Listings Requirements of the JSE
Limited, the Company would like to advise its shareholders of the
following changes to the Board, Audit Committee and the Company Secretary
with effect from 23 September 2011:
Independent Non-Executive Director
Dr Marthinus Theunis (Theunie) Lategan (54) has been appointed
independent non-executive director to the Board of Steinhoff.
After completing his articles, Theunie lectured in Accounting and
Taxation at the University of Johannesburg until 1987, when he returned
to practice with PricewaterhouseCoopers. He joined Rand Merchant Bank in
1994 and later became head of their Structured Finance unit. In 1999 he
became Chief Executive Officer for the Corporate Banking unit of First
National Bank. In 2004 he was appointed to the Executive Management
Committee of the FirstRand group and served on various committees. In
2005, Theunie was appointed Chief Executive Officer for FirstRand Africa
and Emerging Markets and in 2007, he relocated to India to set up
FirstRand Banking Group, India. He retired from the FirstRand Group in
July 2010. Theunie is a registered Chartered Accountant and holds a
Doctorate in Commerce.
Audit Committee
In addition to his appointment as non-executive director, Theunie has
also been appointed as a member of the Audit Committee in place of Dr
Deenadayalen (Len) Konar who will step down from this Committee. The
Audit Committee will now comprise Dr Steve Booysen (Chairman), Mr Dave
Brink and Dr Theunie Lategan. Dr Konar`s positions as director and
chairman of the Board remain unaffected.
Company Secretary
Shareholders are further advised that Mr Stephanus Johannes (Stehan)
Grobler will step down as Company Secretary of the Company and Steinhoff
Investment Holdings Limited and be succeeded by a juristic person,
Steinhoff Africa Secretarial Services (Pty) Limited, whose directors are
competent and suitably qualified to act as Company Secretary. Stehan`s
directorship to the Board and his responsibilities remain unchanged.
Steinhoff Africa Secretarial Services (Pty) Limited
Company Secretary
Wynberg, Sandton
23 September 2011
Sponsor: PSG Capital (Proprietary) Limited
Date: 23/09/2011 13:37:16 Produced by the JSE SENS Department.
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