Iota Financial Services Limited - Company Announce
Share code: IOT
ISIN Code : ZAE000014759
IOTA FINANCIAL SERVICES LIMITED
(Registration number 1968/012195/06)
(Incorporated in the Republic of South Africa)
("IOTA")
Company announcement
Shareholders are advised that Mr. M. Gahagan, the Chief Executive Officer of
the IOTA Group has decided to resign. His decision to do so is by mutual
agreement with the company and shall be effective immediately. Mr. J. Eagar,
currently Managing Director of International Tank Containers (Proprietary)
Limited, will act as CEO of the IOTA Group pending the appointment of Mr.
Gahagan's successor.
Shareholders are also refered to the cautionary announcements published in
the press on 14 June 2001, 4 July 2001 and 16 August 2001. These
announcements do not relate to the aforegoing and shareholders should
therefore continue to exercise caution when dealing with the company's
securities until a further announcement is made.
Johannesburg 30 August 2001
JANNIE EAGAR
IOTA FINANCIAL SERVICES LIMITED
(011) 446 6000
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