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AVENG LIMITED - The Aveng Group appoints Group Financial Director

Release Date: 04/06/2014 16:49
Code(s): AEG     PDF:  
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The Aveng Group appoints Group Financial Director

AVENG LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1944/018119/06)
ISIN: ZAE000111829
SHARE CODE: AEG
("Aveng" or "the Group")


The Aveng Group appoints Group Financial Director


In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, the
Aveng Group is pleased to announce the appointment of Adrian Macartney as Group
Financial Director and Chief Financial Officer with effect from 8 September 2014.


Mr Kobus Verster, who has been acting Group Financial Director in addition to his role as
Chief Executive Officer, will relinquish his acting position upon Adrian joining Aveng.


Mr Macartney is a CA(SA) and holds a BCom degree from the University of the
Witwatersrand and a BCompt Honours from the University of South Africa. Adrian is currently
an Audit partner at EY with over 20 years of assurance, transactions and advisory
experience. He initially joined Ernst & Young in 1992, based in Johannesburg, South Africa.
Post qualification, he spent two years with PwC in New Zealand before returning to EY and
making partner in 2001. He has provided audit, accounting, capital raising and due diligence
services to clients in the mining and other sectors. His financial reporting experience includes
both US GAAP and IFRS.


The Board looks forward to the contribution that Mr Macartney will make to The Aveng Group.


Morningside, Sandton
4 June 2014



Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited

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