| Wed 28 Jun 2023, 10:51 | | SHOPRITE HOLDINGS LIMITED - Changes to the board of directors: appointment of independent non-executive directors |
|
Changes to the board of directors: appointment of independent non-executive directors
Shoprite Holdings Limited
(Incorporated in the Republic of South Africa)
Registration no. 1936/007721/06
ISIN: ZAE000012084
JSE share code: SHP
A2X share code: SHP
NSX share code: SRH
LuSE share code: SHOPRITE
(“Shoprite Holdings” or the “Company”)
CHANGES TO THE BOARD OF DIRECTORS: APPOINTMENT OF INDEPENDENT
NON-EXECUTIVE DIRECTORS
In accordance with paragraph 3.59 of the JSE Limited Listings Requirements the board of
directors of Shoprite Holdings (“the Board”) is pleased to announce the appointment of
Hlengani Mathebula and Sipho N Maseko as independent non-executive directors to the
Board with effect from 27 June 2023.
Hlengani holds a Bachelor of Arts (Honours, Theology), Master of Management,
Entrepreneurship and New Value Creation as well as a Doctor of Philosophy (PHD). He is
an experienced executive having worked for SARS as well as holding various positions in
banking (FNB, ABSA, and the South African Reserve Bank). Hlengani is currently Professor
of Strategy, Finance and Investment at the University of Limpopo, Chairman of the Media
Development and Diversity Agency, Chairman of the Black Business Executive Circle and
an independent non-executive director of the Health Professionals Council of SA. Prior to
this he was a board member of BMW SA, Chairman of the Eskom Pension Fund, Chairman
of the African Leadership Group and a founding member of the Black Business Council.
Sipho holds a Bachelor of Arts, a Bachelor of Laws (LLB). His professional experience
includes articles at Werkmans, followed by positions at the Department of Trade and
Industry and the Financial Services Board. Sipho spent more than a decade with BP South
Africa, the majority of which was spent as CEO for BP Africa. This position was followed by
a period as Chief Operating Officer of Vodacom South Africa and 9 years as CEO of
Telkom. After having served as Chairman of SAPREF and a non-executive director of Afrox
Ltd, Gyro Group and Trudon Pty Ltd, Sipho is currently an advisory board member of the
Centre for Development and Enterprises, Airlink and Heidrick and Struggles.
The Board welcomes Hlengani and Sipho and looks forward to their valued contribution to
the group.
By order of the Board.
Cape Town
28 June 2023
Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 28-06-2023 10:51:00
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.
