| Tue 13 Mar 2012, 15:49 | | PBT - PBT Group Limited - Appointment non-executive directors & changes to |
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PBT
PBT
PBT - PBT Group Limited - Appointment non-executive directors & changes to
the board
PBT Group Limited
Incorporated in the Republic of South Africa
Registration number: 1936/008278/06
Share Code: PBT ISIN: ZAE000149712
("PBT" or "the Company")
Changes to the board of directors
In accordance with paragraph 3.59 of the JSE Limited Listings Requirements,
shareholders are advised that Ronell Van Rooyen and Michael Buckham have
been appointed to the board of PBT as independent non-executive directors.
Monty Kaplan will assume the role of independent non-executive chairman of
PBT.
The following directors have resigned from the board: Hermanus Christiaan
Steyn, Jason James Kinnear, Elizna Read, Kenneth Norman Wood, Nitesh Vallabh
and Michelle Baron-Williamson.
The changes to the board of directors are made in anticipation of the
acquisition by PBT of Prescient Holdings (Proprietary) Limited, Prescient
Capital (Proprietary) Limited, Stadia Fund Management Limited and 75% of
Greenfield Institute of Business (Proprietary) Limited
Michael Buckham is currently the financial director of Prescient Holdings
(Pty) Limited, he joined Prescient Holdings during October 2007 to head up
Prescient Life from an administration, accounting, compliance and
operational point of view. Michael attended the University of Cape Town,
completing a Bachelor of Business Science with Finance and Accounting
Honours in 1994. He furthered his studies with a Post Graduate Diploma in
Accounting at UCT in 1995, then qualifying as a Chartered Accountant in
1996. Michael obtained his CFA in 2002.
Ronell Van Rooyen completed her M.Com, in 1994, majoring in Econometrics at
the Randse Afrikaanse Universiteit. During this time she worked at Credit
Guarantee Insurance Company in the Investment Department. Her duties were
economic research (SA and other countries) and investment administration.In
1995 she joined Ginsburg Malan and Carsons (Actuaries and Consultants) where
she was responsible for economic and investment research. The investment
research included risk/return- and investment evaluation. In 1997 she
started at SCMB Securities as a Private Client Advisor. During the next two
years she completed the Registered Persons and JSE Membership exams. She
transferred to the Institutional dealing desk in 1999. Ronell joined
Prescient Investment Management in August 2001 as a Portfolio Manager. In
April 2004, with the advent of staff acquiring 14.8% of Prescient Investment
Management, Ronell was appointed a Director at Prescient Holdings,
representing the interests of the Prescient staff. Ronell was Head of Fund
Management from 2010 to November 2011. At present she runs the Prescient
Foundation.
All the above changes to the board take effect from 27 February 2012.
Johannesburg
Sponsor: Bridge Capital Advisors (Pty) Limited
13 March 2012
Date: 13/03/2012 15:49:46 Produced by the JSE SENS Department.
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