09 Jun - 2 min read
Appointment of executive chairman
Appointment of executive chairman SYGNIA LIMITED (Incorporated in the Republic of South Africa) (Registration number 2007/025416/06) Share code on the JSE and A2X: SYG ISIN: ZAE000208815 (“Sygnia” or the “Company”) APPOINTMENT OF EXECUTIVE CHAIRMAN In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, shareholders are advised that following the Company’s board meeting on 7 June 2021 and in accordance with the provisions of the Company’s Memorandum of Incorporation, the board of directors of Sygnia has appointed Ms Magda Wierzycka as the executive chairman of the Company with immediate effect. Ms Wierzycka will focus on helping the board to shape the Company’s strategy, both domestically and internationally. The former chairman, Professor Haroon Bhorat, will continue to serve on the board as a non-executive director of the Company. The Sygnia board extends its sincere thanks to Prof. Bhorat for his years of wise and dedicated leadership since listing in October 2015 and looks forward to his ongoing engagement. Mr George Cavaleros remains the lead independent non-executive director of Sygnia, as required by paragraph 3.84(b) of the JSE Limited Listings Requirements. Cape Town 9 June 2021 Sponsor: The Standard Bank of South Africa Limited Date: 09-06-2021 02:20:00 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.