SAH - South African Coal Mining Holdings Limited - Appointment of new CEO
South African Coal Mining Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1994/009012/06
Share code : SAH ISIN : ZAE0000102034
("SACMH" or "the company")
APPOINTMENT OF NEW CEO
Shareholders are referred to the announcements previously released on SENS that
the Board of SACMH was searching for a new CEO.
The Board is pleased to announce that mr Antony Rayment has been appointed as
CEO of the company with effect from 1 December 2010. Mr Rayment was, until
recently, head of the India Desk of Standard Bank Group - Corporate and
Investment Banking. Up to September 2007 he was Head - Investment Banking India
at Rand Merchant Bank.
Mr Rayment is a chartered accountant who fulfilled various management positions
before becoming Head of Corporate Finance at Pannell Kerr Fisher. In September
2001 he became Head of Mergers and Acquisitions at Ernst and Young Corporate
Finance, a position which he held until March 2005 when he moved to London.
The Board welcomes him on board and wishes him well in re-launching the mining
activities of the company.
10 December 2010
Date: 10/12/2010 11:48:01 Supplied by www.sharenet.co.za
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