27 Jul - 2 min read

Changes To The Board Of Directors

Changes To The Board Of Directors

(Incorporated in the Republic of South Africa)
(Registration number: 2005/027663/06)
JSE Share code: CGR
ISIN: ZAE000109203
(“Calgro M3” or the “Company” or the “Group”)


In accordance with paragraph 3.59 of the JSE Limited Listings Requirements, the Board of
Directors of the Company (“Board”) wishes to advise shareholders that Mr Willem Adolph
(Waldi) Joubert (“Mr Joubert”), having served as the Financial Director of the Company since
1 June 2015, will relinquish his role as the Financial Director with effect from 28 February 2022
and assume the role of Managing Director of the Company’s Memorial Parks business.
Mr Joubert will continue to be an executive member of the Board.

In advance of Mr Joubert’s change in responsibilities, the Board is pleased to announce that
Ms Sayuri Naicker (“Ms Naicker”), the current Group Financial Manager, has been identified
as the incumbent candidate to replace Mr Joubert as the Financial Director with effect from
1 March 2022. Ms Naicker will also be appointed as an executive member of the Board with
effect from 1 March 2022.

Ms Naicker started her career at PricewaterhouseCoopers in 2012, where she gained
exposure to multi-national listed companies in the construction, mining and alternative energy
sectors. Ms Naicker has nine years’ experience in external audit and was involved in the
Calgro M3 audit for the past two years. She has a post graduate diploma in accounting and
obtained her professional registration with SAICA in 2015 as a Chartered Accountant.

The Board would like to express their gratitude to Mr Joubert for his dedication, hard work and
commitment to the Company during the past six years as Financial Director and for continuing
to provide mentorship and guidance to Ms Naicker to adequately prepare her for her new role.

The Board is confident that Ms Naicker’s appointment and changes to the Board will contribute
positively to achieving the Group’s future strategic initiatives.

27 July 2021

PSG Capital

Date: 27-07-2021 03:30:00
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.
Information on this Website is provided for general information purposes only and is not a substitute for professional advice. ASX Information (including company announcements and prices) is delayed by at least 20 minutes. JSE Information (including company announcements and prices) is delayed by at least 15 minutes. Reliance on the information you access on or from this Website is solely at your own risk. We make no representation or warranty in relation to the future performance of the companies that appear on this Website. Investment in securities involves risk and you should obtain independent professional legal, financial, investment or company advice before acting on any of the information you access on this Website. Using, browsing or otherwise accessing this Website is subject to our Terms and Conditions and our Privacy Policy.

© 2021 Listcorp. ABN 60 166 140 307

Never miss news from Calgro M3 Holdings Limited (JSE:CGR) when you join Listcorp.