Decillion - Resignation Of Structured Products Sal
DECILLION LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1998/011692/06
Share code : DEC ISIN : ZAE000017612
("Decillion")
RESIGNATION OF STRUCTURED PRODUCTS SALES TEAM MEMBERS
Decillion announces the departure of certain members of its Structured
Products sales team. Mark Treagus, James Coetzee, Paul Lapham, Danie van
Tonder, Craig Williamson and Rob Wesselo have informed the Decillion
management of their intention to resign from Decillion with immediate
effect. These individuals have further informed Decillion of their
intention to join Mettle Limited, a competitive financial services company.
Alwyn Smit, Managing Director of Decillion, has confirmed that,
notwithstanding his disappointment with the loss of these transactors, he
was comfortable that the remaining management team would continue to fully
service Decillion's considerable client base and to grow the business. The
transactors will be replaced over time and Decillion's executive director,
Preba Moodley will re-chart the direction of the client business.
For further information contact:
Alwyn Smit
Managing Director
Decillion Limited
Tel.: +41 22 990 1007
Mobile: +41 79 601 9094
Johannesburg
18 February 2002
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