| Tue 2 Jun 2015, 12:49 | | EQSTRA CORPORATION LIMITED - Retirement of Chief Executive Officer |
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EQS02 EQS07 EQS04 EQS08A EQS06 EQS05 EQS09 EQS 201506020032A
Retirement of Chief Executive Officer
Eqstra Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/011672/06)
ISIN: ZAE000117123
Eqstra Corporation Limited
1984/007045/06
JSE share codes: EQS:SJ, EQS02, EQS04, EQS05, EQS06, EQS07,
EQS08A, EQS09
(“the Company” or “ Eqstra” or “the Group”)
RETIREMENT OF CHIEF EXECUTIVE OFFICER
In compliance with the JSE Limited Listings Requirements,
shareholders are advisd that, after seven years as Chief Executive
Officer (“CEO”), Mr Walter Hill has given notice to the board of
his retirement, with effect from 1 June 2015.
The board and executive wish to express their gratitude to Walter
for his longstanding service and commitment to the Company.
Walter believes it to be an appropriate time to hand over to new
leadership and thus the board has appointed the current Chief
Financial Officer, Mr Jannie Serfontein, as interim Group CEO,
with effect from 1 June 2015.
At its next meeting in August 2015, the Board will confirm an
appointment to fill the position permanently.
Chairman Peter Mageza commented:
“Jannie and a strong Executive team continue to lead the
turnaround coming off the back of a positive set of interim
results. The board is confident about the future prospects of the
diversified Group and supports current management to keep this
momentum”.
Investors & Media contact:
Frank Ford
FTI Consulting
Frank.ford@fticonsulting.com
+27 (0)767 881 926
+27 (0)21 4879 022
2 June 2015
Kempton Park
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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