LIBERTY HOLDINGS LIMITED - Appointment of new Chief Executive Officer
LBH 201705300002A
Appointment of new Chief Executive Officer
Liberty Holdings Limited
Registration number 1968/002095/06
Incorporated in the Republic of South Africa
Share code: LBH
ISIN code: ZAE0000127148
("Liberty Holdings" or "the Company")
Appointment of new Chief Executive Officer
In compliance with rule 3.59 of the JSE Listings Requirements, the board of Liberty Holdings announces
that David Munro, the current Chief Executive of Standard Bank Group’s Corporate & Investment
Banking (CIB) division and a current Non-executive Director of Liberty Holdings, will assume the role of
Chief Executive Officer of Liberty Holdings, effective immediately.
This follows the resignation of Mr Thabo Dloti from the Board with immediate effect. Thabo is leaving
Liberty following a difference of opinion with the Board on the immediate focus of the company at a time
when the organisation is facing tough operational and environmental challenges.
Thabo believes that given this environment, alignment amongst key stakeholders is imperative to
ensure the effective execution of the strategy required to drive the company forward. This alignment
coupled with the ability to act decisively is in the best interests of the company and hence Thabo is
stepping aside.
Braamfontein
30 May 2017
Shareholder enquiries: Investor Relations
Sharon Steyn
Sharon.steyn@liberty.co.za
011 408 3063
Media enquiries: Group Communications
Sydney Mbhele
Sydney.mbhele@liberty.co.za
011 408 1979
Sponsor:
Merrill Lynch South Africa (Pty) Limited
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