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RBX - Raubex Group Limited - Changes to the board of directors

Release Date: 03/03/2010 13:40
Code(s): RBX
Wrap Text

RBX - Raubex Group Limited - Changes to the board of directors RAUBEX GROUP LIMITED (Previously Lexpub 49 Investments Limited) (Incorporated in the Republic of South Africa) (Registration number 2006/023666/06) JSE Share code: RBX ISIN: ZAE000093183 CHANGES TO THE BOARD OF DIRECTORS Following the announcements released on 18 May 2009 and 2 October 2009 and in line with the Group`s succession strategy, Mr JE (Koos) Raubenheimer, current Group CEO and founder of Raubex retired from his position with effect 01 March 2010. Mr Rudolf Fourie, current Managing Director of the Roadmac division, has replaced him as Group CEO. Mr JE (Koos) Raubenheimer assumes a non-executive role on the board with effect 01 March 2010 and will continue to work closely with Mr Rudolf Fourie to ensure a smooth transition. As a result, the board has been streamlined to two executive directors with Mr Rudolf Fourie as CEO and Mr Francois Diedrechsen retaining his position as Financial and Commercial Director. ENQUIRIES Raubex Group Limited +27 12 665 3226 Francois Diedrechsen, Commercial and Financial Director College Hill +27 11 447 3030 Fred Cornet +27 83 307 8286 Hayley Crane +27 82 815 1821 www.raubex.co.za Investment Bank and Sponsor Investec Bank Limited Centurion 3 March 2010 Date: 03/03/2010 13:40:07 Supplied by www.sharenet.co.za 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.

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