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ARI
ARIM
ARI - African Rainbow Minerals Limited - African Rainbow Minerals Limited
("ARM") announces changes to the composition of its Board of Directors and
executive management
African Rainbow Minerals Limited
(Incorporated in the Republic of South Africa)
(Registration number 1933/004580/06)
JSE Share code: ARI
ISIN: ZAE000054045
African Rainbow Minerals Limited ("ARM") announces changes to the composition of
its Board of Directors and executive management
In terms of section 3.59 of the JSE Limited Listings Requirements, notification
is hereby given of the following changes relating to the executive directors and
executive management of ARM:
A. Reduction in the number of executive directors on the ARM Board of
Directors
In line with global best practice ARM is reducing the number of executive
directors on its Board from eight to five with effect from 1 June 2012.
All the former executive directors will continue to be full-time executives
of the Company in the positions described in part B below.
B. Re-organisation of senior executive management
B.1 Mr Jan Steenkamp will become the Chief Executive: ARM Exploration and
Technical Services with effect from 1 July 2012.
B.2 Mr Steenkamp will continue to hold the position of Deputy Chairman of
Assmang Limited and to chair the Assmang Limited Executive Committee.
B.3 Mr Andre Joubert will be promoted to the position of Chief Executive: ARM
Ferrous with effect from 1 July 2012. This is the position that was
previously held by Mr Steenkamp. Mr Joubert is currently the Executive:
Operations of ARM Ferrous, which position he has held for the past two and
half years.
B.4 Mr Stompie Shiels will continue to be responsible for all the functions and
duties he performed as an executive director. His new title is Executive:
Business Development and Investor Relations of ARM.
B.5 Mr Steve Mashalane will assume a new position with the title Senior
Executive: Corporate Affairs of ARM.
B.6 Mr Peter Steenkamp will be responsible for all of ARM Platinum`s operations
as Executive: Operations of ARM Platinum and will report directly to the
Chief Executive Officer of ARM.
B.7 Mr Bennie Boshielo has been promoted to the position of Executive:
Corporate Affairs of ARM Platinum with immediate effect, and will report
directly to the Chief Executive Officer of ARM.
ENDS
For more information please contact:
Jongisa Klaas
Corporate Development and Head of Investor Relations
Tel: +27 11 779 1507
Mobile: +27 82 562 5288
E-mail: jongisa.klaas@arm.co.za
Johannesburg
1 June 2012
Issued by sponsor: Deutsche Securities (SA) (Proprietary) Limited
Date: 01/06/2012 15:52:02 Produced by the JSE SENS Department.
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