MSM: MASSMART HOLDINGS LIMITED - Notice Of Changes To The Board And Committee Composition
MSM: MASSMART HOLDINGS LIMITED - Notice of changes to the Board and Committee Composition Notice of changes to the Board and Committee Composition Massmart Holdings Limited (Incorporated in the Republic of South Africa) Company registration No. 1940/014066/06 JSE Code: MSM ISIN: ZAE 000152617 ("Massmart" or the "Company") NOTICE OF CHANGES TO THE BOARD AND COMMITTEE COMPOSITION In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, shareholders are advised that Mr Raboijane Moses Kgosana has resigned as a non-executive director of the Company, member and Chairman of each of the Massmart Audit and Risk Committees with immediate effect. UPDATE ON RETIRING DIRECTOR Shareholders are further referred to the announcement released on 4 July 2017 relating to the retirement of Mr Chris Seabrooke from the Massmart Board with effect from 31 December 2017. In view of the aforesaid changes in the composition of the Audit and Risk Committees, Mr Seabrooke, who is currently the Deputy Chairman and lead independent non-executive director of the Company has agreed to remain on the Board until such time as is required by the Board, and will, with immediate effect assume the role of chairman of the Massmart Audit and Risk Committees. The Board extends its appreciation and thanks to Mr Kgosana for his contribution to the Company during the last two years. 13 September 2017 Sponsor Deutsche Securities (SA) Proprietary Limited Date: 13/09/2017 05:03:00 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.