SOUTH OCEAN HOLDINGS LIMITED - Appointment of Director and Changes to Executive Responsibilities

Appointment of Director and Changes to Executive Responsibilities

South Ocean Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2007/002381/06)
Share code: SOH
ISIN: ZAE000092748
(“SOH” or “the Company”)

APPOINTMENT OF DIRECTOR AND CHANGES TO EXECUTIVE RESPONSIBILITIES

In compliance with paragraph 3.59 of the Listings Requirements of the Johannesburg
Stock Exchange (“JSE”), the Board of Directors of SOH is pleased to announce the
appointment of Mr Werner Petrus Basson (“Werner”) as an Executive Director and Chief
Financial Officer (“CFO”) of the Company with effect from 14 September 2020.

Werner has broad experience in financial management and was previously the CFO of
a JSE-listed entity.

The Board welcomes Werner to SOH and looks forward to working with him.

Following Werner’s appointment, Mr Koos Bekker will cease acting in the dual capacity
of Chief Executive Officer (“CEO”) and Acting CFO. Mr Bekker’s responsibilities will
continue as that of the CEO.


By order of the Board
Johannesburg

10 September 2020


Sponsor
AcaciaCap Advisors

Date: 10-09-2020 04:38:00
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