| Tue 1 Nov 2011, 11:54 | | TSH - Tsogo Sun Holdings Limited - Change in directorate |
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TSH
TSH
TSH - Tsogo Sun Holdings Limited - Change in directorate
Tsogo Sun Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1989/002108/06)
Share code: TSH
ISIN: ZAE000156238
("Tsogo Sun" or "the Company")
CHANGE IN DIRECTORATE
In terms of the announcements released on 10 May 2011 and 18 July 2011,
shareholders were advised that:
* Mr Jabu Mabuza would retire from his executive responsibilities
as Chief Executive Officer with effect from 30 September 2011 but
would remain on the board of directors of the Company as a Non-
Executive Director and assume the position of Deputy Chairman;
* Mr Mabuza would be succeeded by Mr Marcel von Aulock, the then
Chief Financial Officer; and
* Mr Rob Huddy would, with effect from 1 October 2011, succeed Mr
von Aulock as Chief Financial Officer.
In terms of paragraph 3.59 of the JSE Listings Requirements, notice is
hereby given that, at a meeting of the board of directors of the Company
held on 31 October 2011, Mr Rob Huddy, Chief Financial Officer, was
appointed to the board of directors as an Executive Director with effect
from 31 October 2011.
In addition, given the customary practice of a number of listed companies
of limiting the number of Executive Directors on their Boards to the Chief
Executive Officer and Chief Financial Officer, Messrs Rob Collins and
Graham Wood stepped down as Executive Directors with effect from 31 October
2011. Messrs Collins and Wood will continue to serve as part of the
Executive Committee of the Tsogo Sun Group. The result of these changes is
that the board of directors of Tsogo Sun now comprises 11 Non-Executive
Directors, which includes 3 Independent Non-Executive Directors of which
one is a Lead Independent Non-Executive Director, and 2 Executive
Directors.
Johannesburg
1 November 2011
Sponsor
Deutsche Securities (SA) (Proprietary) Limited
Date: 01/11/2011 11:54:00 Produced by the JSE SENS Department.
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