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THE SOUTH AFRICAN NATIONAL ROADS AGENCY SOC LIMITED - Appointment of Chief Executive Officer (CEO)

Release Date: 03/01/2023 14:00
Wrap Text
Appointment of Chief Executive Officer (“CEO”)

The South African National Roads Agency SOC Limited
Incorporated in the Republic of South Africa
(Registration number 1998/009584/30)
Alpha code: BINRA
(“SANRAL” or the “Company”)

APPOINTMENT OF CHIEF EXECUTIVE OFFICER (“CEO”)

Debtholders are referred to the announcement released on 22 October 2022, in which Mr Reginald
Demana was appointed as the CEO designate of SANRAL. His appoint was subject to the standard
clearance and verification procedures in terms of section 12(2)(b) of the SANRAL Act, No 7 of 1998,
as amended as well as formal confirmation from the Minister of Transport.

The Company can now confirm that Mr Demana’s appointment is effective from 1 January 2023.

3 January 2023

Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 03-01-2023 02:00:00
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