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Changes to the Board of Directors
Ansys Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1987/001222/06)
(JSE code: ANS ISIN: ZAE000097028)
(“Ansys” or “the Company”)
Changes to the Board of Directors
In compliance with section 3.59 of the JSE Listings Requirements, shareholders are
advised that the Board of Directors decided on 6 June 2017 to re-organise the Board, in
order to take advantage of opportunities in the market, and to ensure the implementation
of the Ansys strategy, which is largely underpinned by acquisitive and organic growth:
- Teddy Daka, the executive Chairperson of the Board, has been appointed as the
Chief Executive Officer of Ansys whilst Rynier van der Watt, an executive director
of the Board, will forthwith focus on the merger and acquisition opportunities in
support of the growth strategy of the Company.
- Nhlanhla Mjoli-Mncube, the Lead Independent Non-Executive Director, has been
appointed as the Independent Non Executive Chairperson of the Board.
Ansys is confident that the re-organisation will allow the individuals to capitalise on their
skill sets and networks, which will leave the Group well positioned to successfully operate
in a highly competitive environment and take advantage of new opportunities.
8 June 2017
Centurion
Designated Advisor
Exchange Sponsors
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