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MVG - Mvela Group - Changes to the board of Directors of Mvela Group

Release Date: 19/01/2012 12:08
Code(s): MVG
Wrap Text

MVG - Mvela Group - Changes to the board of Directors of Mvela Group Mvelaphanda Group Limited (Incorporated in the Republic of South Africa) Registration number: 1995/004153/06 Ordinary share code: MVG Ordinary share ISIN: ZAE000060737 ("Mvela Group" or "the company") CHANGES TO THE BOARD OF DIRECTORS OF MVELA GROUP Following the announcement made yesterday by the company on the JSE Limited`s Securities Exchange News Service ("SENS"), informing shareholders of the acquisition by Blackstar Group SE of 28% of Mvela Group`s issued ordinary share capital and changes made to the Board of Directors, shareholders are further advised in accordance with paragraph 3.59 of the Listings Requirements of the JSE Limited, that Mr Zwelithini Patrick Ntshalintshali has been appointed to the board of directors of Mvela Group as a non-executive director with effect from Thursday, 19 January 2012. 19 January 2012 Sponsor Deutsche Securities (SA) (Pty) Ltd Date: 19/01/2012 12:08:00 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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