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VLE - Value Group Limited - Change in directorate: Appointment of director

Release Date: 04/11/2011 16:56
Code(s): VLE
Wrap Text

VLE - Value Group Limited - Change in directorate: Appointment of director Value Group Limited (Incorporated in the Republic of South Africa) Registration number: 1997/002203/06 Share code: VLE ISIN code: ZAE000016507 ("Value" or "the company`) CHANGE IN DIRECTORATE: APPOINTMENT OF DIRECTOR In compliance with the JSE Limited Listing Requirements, the Company announces the appointment of Mr Velile Welcome Mcobothi as a non-executive director of the Company with effect from 3 November 2011. Velile is a registered charted accountant who has been involved in the private equity arena over the last nine years. Accordingly, Velile has held various positions as the representative of the private equity investor on audit and transformation committees in addition to various non-executive directorships. The Board welcomes and congratulates Velile on his appointment. Johannesburg 4 November 2011 Sponsor: Investec Bank Limited Date: 04/11/2011 16:56:47 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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