RBX - Raubex Group Limited - Resignation of a Non-Executive chairperson
RBX
RBX
RBX - Raubex Group Limited - Resignation of a Non-Executive chairperson
Raubex Group Limited
(Previously Lexpub 49 Investments Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2006/023666/06)
JSE Share code: RBX ISIN: ZAE000093183
("Raubex" or the "Company")
RESIGNATION OF CHAIRPERSON
Shareholders are hereby advised that Marake Collin Matjila has tendered his
resignation as Non-Executive Chairperson of the Raubex Board with immediate
effect.
Given that Mr Matjila is the Chief Executive Officer of Kopano Ke Matla
Investment Company, the investment arm of COSATU, and in order to prevent any
perceived conflicts of interest in considering Raubex`s involvement with
national roads privatisation projects, he believes that it is appropriate to
stand down.
The Board is greatly appreciative of Mr Matjila`s valuable leadership since the
listing of the Company in 2007 and wishes him well in his future endeavours.
The Board plans to appoint a new Chairperson during its May 2012 meeting.
Centurion
3 April 2012
ENQUIRIES
Raubex Group Limited +27 12 665 3226
Francois Diedrechsen, Commercial and Financial Director
College Hill +27 11 447 3030
Frederic Cornet +27 83 307 8286
Morne Reinders +27 82 815 1844
Investment Bank and Sponsor
Investec Bank Limited
Date: 03/04/2012 17:38:41 Produced by the JSE SENS Department.
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