Steinhoff - Change To Steinhoff Board Of Directors
Steinhoff - Change To Steinhoff Board Of Directors
Steinhoff International Holdings Limited
(Registration number 1998/003951/06)
(Incorporated in the Republic of South Africa)
(JSE Code: SHF ; ISIN No ZAE000016176)
(Steinhoff)
Change to Steinhoff Board of directors - Notice in terms of section 3.59 of the
Listings Requirements of the JSE Limited
Shareholders are advised that the Board has resolved to appoint as executive
director, Mr Ian Michael (Ian) Topping, chief executive officer of Homestyle
Group plc (listed on the London Stock Exchange) and chairman of Steinhoff UK
Group, both being subsidiaries of Steinhoff. In addition, it was resolved to
appoint Hendrik Johan Karel (Piet) Ferreira (presently engaged as Director:
Corporate Services) and Stephanus Johannes (Stehan) Grobler (presently
Steinhoff"s secretary) as alternate directors to, respectively, Danie and Jan
van der Merwe to enhance the depth of succession and continuity. These
appointments will take effect from 5 December 2005.
Shareholders are further advised that Mr Rodney Howard (Rod) Walker, an
executive director of Steinhoff who was responsible for its Pacific Rim
division, has resigned as director with immediate effect. His resignation came
as a result of his decision and desire to pursue other business interests. A
review of the Pacific Rim division"s management team and structure is presently
underway and a decision will be made in due course The executive team that
reported to Rod will, in the interim, report directly to Markus Jooste, chief
executive officer of Steinhoff.
The board of directors of Steinhoff wish to express their appreciation to Rod
for his contribution to Steinhoff"s achievements to date and wish him well for
the future. The board similarly wish to extend their congratulations and best
wishes to messrs Topping, Ferreira and Grobler with their appointments and the
concomitant challenges.
By order of the Board
SJ Grobler
Company Secretary
3 November 2005
Sponsor
PSG CAPITAL LIMITED
Date: 04/11/2005 08:13:16 AM Produced by the JSE 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
