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AQUARIUS PLATINUM LIMITED - Resignation of Managing Director/CEO

Release Date: 08/10/2012 08:00
Code(s): AQP     PDF:  
Wrap Text
Resignation of Managing Director/CEO

Aquarius Platinum Limited
(Incorporated in Bermuda)
Registration Number: EC26290
Share Code JSE: AQP
ISIN Code: BMG0440M1284

RESIGNATION OF MANAGING DIRECTOR/CEO

The Company has accepted the resignation of Mr. Stuart Murray as
CEO of Aquarius Platinum Limited (AQP) and Chairman of its
principal subsidiary Aquarius Platinum (South Africa) (Pty) Ltd
(AQPSA) with effect from 5th October 2012.

Mr. Murray has also terminated his directorships in all other
Group Companies with immediate effect, however his employment with
both AQP and AQPSA will continue until 31 March 2013 during which
period he will provide whatever assistance is required to affect
an orderly handover. The Board will consider a replacement in due
course.

In the interim, Mr. Jean Nel has been appointed Chief Operating
Officer of AQP and MR. Zwelakhe Mankazana has been appointed
interim non-executive Chairman of Aquarius’ principal subsidiary,
AQPSA.

On behalf of the Board, Chairman Mr. Nicholas Sibley thanks Stuart
for his valuable contribution to Aquarius during his tenure as
Group CEO and wishes him every success in his future endeavours.

For further information please contact:

In Australia:
Willi Boehm
+61 8 9367 5211

In South Africa:
Jean Nel
+ 27 12 001 2001

8 October 2012
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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