PPC LIMITED - PPC looks to strengthen board in line with its strategic priorities
PPC 201802220061A
PPC looks to strengthen board in line with its strategic priorities
PPC Ltd
(Incorporated in South Africa)
(Company registration number: 1892/000667/06)
ISIN: ZAE000170049
JSE and ZSE Code: PPC
(“PPC” or the “Company”)
PPC LOOKS TO STRENGTHEN BOARD IN LINE WITH ITS STRATEGIC PRIORITIES
The Company wishes to inform shareholders that it is in discussions with its
largest shareholders with regard to aligning the composition of the Board
with its strategic priorities.
Under the leadership of Peter Nelson, the PPC Board of directors has
successfully led the Company through a period of significant headwinds.
Having achieved a number of significant milestones and stabilised the
business, the Board has now turned its attention to the future ambitions of
the Company.
To date the Company has received nominations for Mr Jabu Moleketi as successor
to the chairman; and Mr Anthony Ball and Ms Noluvuyo Mkhondo to non-executive
directorships. All nominations will be evaluated and appointments announced
in due course.
All new board appointments will be confirmed by shareholders at the next
annual general meeting.
Sandton
22 February 2018
Investor contacts:
Anashrin Pillay
Tel: +27 (0) 11 386 9000
Anashrin.Pillay@ppc.co.za
Financial Communications Advisor:
Instinctif Partners
Gift Dlamini Frederic Cornet
Mobile: +27 (82) 608 6587 Mobile: +27 (83) 307 8286
Gift.Dlamini@instinctif.com Frederic.Cornet@instinctif.com
Sponsor to PPC
Merrill Lynch South Africa (Pty) Ltd
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