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WESIZWE:  48   0 (0.00%)  01/01/1970 00:00

WEZ - Wesizwe Platinum Limited - Appointment of independent non-executive

Release Date: 17/10/2011 16:00
Code(s): WEZ
Wrap Text

WEZ - Wesizwe Platinum Limited - Appointment of independent non-executive directors WESIZWE PLATINUM LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2003/020161/06) JSE code: WEZ ISIN: ZAE000075859 (the "Company" or "Wesizwe") APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTORS In compliance with paragraph 3.59(a) of the Listings Requirements of the JSE Limited, the Wesizwe Board of Directors is pleased to announce that Prof Wiseman Nkuhlu and Mr Robert (Bob) Garnett have been appointed as independent non-executive directors of the Company with effect from 17 October 2011. Prof Wiseman Nkuhlu is a director of AngloGold Ashanti Ltd, Datatec Limited, Rothschild SA and Ethics Institute of South Africa. He served as President of the International Organisation of Employers in Geneva from May 2008 to June 2011. In his capacity as President of the International Organisation of Employers, he participated annually in United Nations High Level discussions on global issues including Climate Change, Sustainability and the Global Compact. He served as a member of the Global Financial Crisis Advisory Panel established jointly by the International Accounting Standards Board and the Financial Accounting Standards Board in January 2009 to advise on the accounting standards setting implications of the Global Financial Crisis. Mr Bob Garnett is a chartered accountant with almost forty years` experience in mining, manufacturing and financial services. He has recently retired from the IFRS Foundation after completing ten years as an IASB Board Member and Chair of the IFRS Interpretation Committee. Immediately prior to that, he was executive vice-president: Finance of Anglo American plc and a director of several of its South African subsidiaries and affiliates. Both Prof Wiseman Nkuhlu and Mr Bob Garnett will be members of the Audit & Risk Committee of the Company. Johannesburg 17 October 2011 Sponsor: Investec Bank Limited Date: 17/10/2011 16:00:18 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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