Moneyweb Holdings Limited - Changes To The Moneywe
Moneyweb Holdings Limited - Changes To The Moneyweb Board Of Directors
Moneyweb Holdings Limited
(Registration No:1998/025067/06)
Share code:MNY ISIN:ZAE000025409
("Moneyweb")
CHANGES TO THE MONEYWEB BOARD OF DIRECTORS ("the Board")
In compliance with paragraph 3.67 of the Listings Requirements of the JSE
Securities Exchange SA, the following information is disclosed:
Mr David Anthony McKay resigns as executive director from the Board with effect
from 8 May 2003.
Dr Andrew Smith has been appointed as a non-executive director to the Board with
effect from 7 May 2003.
Dr Smith returns to the Moneyweb board after an absence of two and a half years,
forced upon him by the policies of the consulting firm by which he was employed
during this period. His new position as chief executive of Unisys Europe
carries no such restriction. David McKay"s resignation from the board has been
effected to help the company achieve a more equitable balance between executive
and non-executive directors, which are now equally balanced. His executive role
within Moneyweb remains unchanged.
Rosebank
7 May 2003
Sponsor
LPC Manhattan Sponsors
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