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RBX - Raubex Group Limited - Raubex Group appoints Felicia Msiza and Bryan Kent

Release Date: 24/02/2011 17:06
Code(s): RBX
Wrap Text

RBX - Raubex Group Limited - Raubex Group appoints Felicia Msiza and Bryan Kent as independent non-executive 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 RAUBEX GROUP APPOINTS FELICIA MSIZA AND BRYAN KENT AS INDEPENDENT NON-EXECUTIVE DIRECTORS Raubex Group Limited ("Raubex" or "the Group"), the JSE-listed road construction and rehabilitation company, has appointed Ms. Ntombi Felicia Msiza and Mr. Bryan Hugh Kent as independent non-executive directors to the Board of Raubex with immediate effect. Felicia is currently the Head of Internal Audit at the Independent Development Trust. Previously with Group Five, Sappi and the National Treasury, she has extensive experience in the field of governance, including auditing and risk management. Felicia is a director at the Institute of Internal Auditors of South Africa. Bryan is a financial consultant and a director on the boards of Anchor Yeast, Cadiz, Country Bird, Emira Property Fund and Setpoint Technologies. Collin Matjila, Raubex Chairman said: "We are delighted to welcome Felicia and Bryan to the Board. Their combined expertise and experience considerably strengthens the Board and we look forward to their contribution to Raubex`s future growth." Following these appointments, the board now consists of six non-executive directors, including three independents and two executive directors. ENQUIRIES Raubex Group Limited +27 12 665 3226 Francois Diedrechsen, Commercial and Financial Director College Hill +27 11 447 3030 Frederic Cornet +27 83 307 8286 Morne Reinders +27 82 480 4541 www.raubex.co.za Investment Bank and Sponsor Investec Bank Limited Johannesburg 24 February 2011 Date: 24/02/2011 17:06:03 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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