Changes to the Board
Arden Capital Limited
(Incorporated in the Republic of Mauritius)
(Registration number: 115883 C1/GBL)
Share Code: ACZ
ISIN: MU0548S00026
(“Arden Capital” or “the Company”)
Changes to the Board
In accordance with paragraph 3.59(b) of the JSE Limited Listings Requirements, the board of directors of
the Company (“the Board”) wishes to advise that Mr Peter Saungweme will step down as chief executive
officer (“CEO”) of the Company with effect from 31 December 2021.
The Board would like to thank Mr Saungweme for his valuable contribution to the Company over the years
and wishes him well in his future endeavours.
At a special meeting of Arden Capital shareholders held on 20 December 2021, shareholders approved,
inter alia the voluntary liquidation of the Company. Based on the outcome of the special meeting, the JSE
Limited (“JSE”) has granted the Company dispensation from the requirements of paragraph 3.84(b) of the
JSE Listings Requirements to allow Mr Simon Village, the current Chairman of the Board to fulfil the dual
role of CEO and Chairman with effect from 1 January 2022 until the delisting of the Company.
Grand Baie, Mauritius
31 December 2021
Sponsor
Questco Corporate Advisory Proprietary Limited
Date: 31-12-2021 12:15:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
