REM
REM
REM - Remgro Limited - Appointment of CEO
Remgro Limited
(Incorporated in the Republic of South Africa)
(Registration number 1968/006415/06)
ISIN: ZAE000026480
Share code: REM
("Remgro" or "the Company" or "the group")
CHANGE TO THE BOARD
Further to the announcement released on SENS on 30 April 2012 regarding the
passing of Mr. Thys Visser, the Chief Executive Officer ("CEO"), shareholders
are advised that Mr Jannie Durand (Chief Investment Officer) has been appointed
as the new CEO with effect from today, 7 May 2012.
A replacement for Mr. Durand`s position as Chief Investment Officer will be
announced in due course, once this appointment has been finalised.
Johann Rupert, Chairman of Remgro, said: "The Board was fortunate to have had
more than one good candidate for the position. One of the deciding factors was
that the Board wanted a new generation appointment similar to when Thys Visser
was appointed. The Board is positioning itself for the future."
Stellenbosch
7 May 2012
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 07/05/2012 13:30:01 Produced by the JSE SENS Department.
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