| Fri 30 Mar 2012, 9:00 | | MFL - Metrofile Holdings Limited - Reorganisation of Metrofile Holdings board |
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MFL
MFL
MFL - Metrofile Holdings Limited - Reorganisation of Metrofile Holdings board
of directors
Metrofile Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1983/012697/06)
Share code: MFL
ISIN: ZAE000061727
("Metrofile Holdings" or "the Group")
REORGANISATION OF METROFILE HOLDINGS BOARD OF DIRECTORS
Shareholders are advised that Messrs Paul Nkuna and Roy Midlane are retiring
from the Board of Directors of Metrofile Holdings ("the Board") with effect
from 30 March 2012.
Mr Nkuna has recently retired as CEO of the Group`s BEE partner, Mineworkers
Investment Company (Pty) Limited ("MIC"). He has been Deputy Chairman of
Metrofile Holdings and Chairman of its major operating subsidiary since 2006.
We thank him for his considerable contribution to the Group and wish him well
in his retirement.
Mr Midlane was previously CFO of the Group`s former holding company, MGX
Holdings Limited, and was instrumental in achieving and implementing the
restructure that led to the success of the Group today. He has been a non-
executive director for the past six years. We thank him for his considerable
contribution to the Group in both capacities.
The new CEO of MIC, Mrs Mary Bomela, was appointed to the Board in 2010 and
takes the position of Deputy Chairperson of the Group and Chairperson of its
major operating subsidiary with effect from 30 March 2012.
We are pleased to welcome Ms Phumzile Langeni, BCom, BCom (Hons) (Business
Management), to the Board as an independent non-executive director and as a
member of the audit and risk committee with effect from 30 March 2012. Ms
Langeni is the Executive Chairperson of Afropulse Group (Pty) Limited, an
investor relations and corporate advisory house, non-executive chairperson of
JSE-listed Astrapak Limited, a non-executive director of Imperial Holdings
Limited and Massmart Holdings Limited, a member of the Port Regulator and a
non-executive director of a number of unlisted companies.
Cleveland
30 March 2012
Sponsor
The Standard Bank of South Africa Limited
Date: 30/03/2012 09:00:01 Produced by the JSE SENS Department.
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