| Mon 28 Jul 2014, 7:05 | | BASIL READ HOLDINGS LIMITED - Change to the Board of Directors |
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BSR 201407280002A
Change to the Board of Directors
Basil Read Holdings Limited
(Incorporated in the Republic of South Africa)
Registration Number 1984/007758/06
Share Code: BSR ISIN: ZAE000029781
("Basil Read" or the “Company")
Change to the Board of Directors
The board of directors of Basil Read (the “Board”) is pleased to announce
the appointment of Neville Francis Nicolau as Chief Executive Officer
and Executive Director of the Company, with effect from 1 September 2014.
Mr Nicolau brings 35 years of operating, company leadership and corporate
experience, having previously been the Chief Executive Officer at Anglo
American Platinum Limited and Chief Operating Officer and Executive
Director of Anglogold Ashanti Limited. He has an MBA from the University of
Cape Town, a B Tech, Mining Engineering, from the University of
Johannesburg, completed a Management Development Programme (MDP) at Unisa,
School of Business Leadership, and has a Certificate in Advanced Management
Programme (AMP) from Templeton College, Oxford.
The Chairman of the Board, Mr Lester Peteni, welcomed
Mr Nicolau’s appointment saying: “We are delighted to welcome a seasoned
executive of Neville’s caliber to Basil Read. The Board looks forward to
working with Neville to inject new energy into our efforts, as we
continually improve business performance and the strategic transformation
of the Company.”
Johannesburg
28 July 2014
JSE Sponsor
Macquarie First South Capital (Pty) Limited
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