SBG
SBG
Simeka BSG - Changes to the Board of Directors
Simeka BSG Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2003/012583/06)
(formerly Xantium Technology Holdings Limited)
Share code: SBG & ISIN code: ZAE000074878
("Simeka BSG" or "the company")
CHANGES TO THE BOARD OF DIRECTORS
Mr Alexander Evan has been appointed to the board of Simeka BSG as an executive
director in the capacity of chief legal officer of the company and Mr James H
Murray has resigned as an executive director to take up a position as a non-
executive director on the board. Both of these changes are effective
immediately.
Alex has extensive experience in ICT sector regulation and legislation and has
been closely involved with developing aspects of telecommunications regulations.
Rosebank
28 September 2006
Designated advisor
Java Capital (Proprietary) Limited
Warning: The listing of the ordinary shares in the company is on the ALTX.
Shareholders are advised of the risks of investing in a company listed on the
ALTX. Shareholders are advised that the JSE does not guarantee the viability or
the success of a company listed on the ALTX. In terms of the JSE Listings
Requirements a designated advisor has to be retained by the company. The
designated advisor is required to, inter alia, attend all board meetings held by
the company to ensure that all JSE Listings Requirements and applicable
regulations are complied with, approve the financial director of the company and
guide the company in a competent, professional and impartial manner. If the
company fails to retain the designated advisor it must make arrangements to
appoint a new designated advisor within 10 business days, failing which the
company faces suspension of trading of its securities. If a designated advisor
is not appointed within 30 days of its suspension the company faces the
termination of its listing without an offer to minority shareholders.
Date: 28/09/2006 03:54:02 PM Produced by the JSE SENS Department
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