Micromega Holdings Limited - Resignation Of Direct
Micromega Holdings Limited - Resignation of Director
Further to the cautionary announcement dated 17 May 2002, the directors of
Micromega Holdings Limited ("MMG or the Company"), announce the resignation
of Dave King from the Board of Directors of MMG with immediate effect.
Mr King made an undertaking to remain a director of MMG for at least five
years at the time he joined the board. Notwithstanding this undertaking and
the directors high regard for Mr. King`s contribution to the development of
MMG the directors have asked Mr King to resign and Mr King has agreed to
such request. Mr King`s resignation will allow him to concentrate on his own
pressing personal affairs.
The directors of MMG would like to place on record their appreciation of Mr
King`s contribution on behalf of MMG and remain open minded concerning his
future involvement with MMG.
The Directors would like to confirm that the resignation of Mr. King does
not reflect in any way on the financial strength, stability or prospects for
MMG.
Notwithstanding this announcement the directors would like to state that the
cautionary issued on 17 May 2002 still remains in effect.
Date: 17/05/2002 08:59:53 AM Produced by the SENS Department
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
