Connection Group Holdings Limited - Changes To The
Connection Group Holdings Limited - Changes to the Board of Directors
(Registration number 1997/005390/06)
Share Code : CCT
ISIN : ZAE000016630
In compliance with rule 3.67 of the JSE Listings Requirements, the following
information is disclosed:
The Board of Directors wishes to advise that Mr Pierre Joubert has decided to
step down as Chief Executive Officer of Connection Group. Mr Toni Fourie,
currently an executive director of Connection Group, will succeed Mr Joubert as
Chief Executive Officer.
Mr Joubert will continue to serve as a director of Connection Group in a non-
executive capacity.
The changes detailed above are effective from 1 November 2002.
Mr Joubert joined the Group almost 6 years ago and has served as its Chief
Executive Officer since April 1999. The Board wishes to express its appreciation
for the significant contribution that Mr Joubert has made to the affairs of the
Group over the years. He has led the transformation of the Group from a
situation of severe financial distress to its current position as a successful
and vibrant retail organisation, with a strong balance sheet and good prospects.
The Board is delighted to retain his expertise in his new capacity as a non-
executive director.
Date: 23/10/2002 07:00:03 AM Produced by the JSE SENS Department
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