Change In Function Of A Director
ISA Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1998/009608/06 )
Share code: ISA ISIN: ZAE000067344
(“ISA” or “the Company”)
CHANGE IN FUNCTION OF A DIRECTOR
In compliance with paragraph 3.59 of the Listings Requirements of JSE Limited (“JSE”), the board of
directors of ISA (“the Board”) hereby notifies its shareholders of the change in function of Mr Thapeli
Matsabu from independent non-executive director to non-executive director of the Company, with effect
from 1 August 2014.
The aforementioned change in function is due to Thapeli being appointed as Chief Executive Officer of a
new business venture, DataProof Communications, which ISA is undertaking in partnership with Thapeli.
As Thapeli is no longer considered to be an independent non-executive director, he will no longer be
serving on the Audit Committee.
In line with the King III requirement that a board of directors should comprise a balance of power, with a
majority of non-executive directors, the majority of whom should be independent, the Board has
commenced the process of identifying appropriate candidates for appointment as an independent non-
executive director to the Board and the Audit Committee. Shareholders will be advised once such
appointment has been made.
1 August 2014
Date: 01/08/2014 02:11:00 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.
Email this JSE Sens Item to a Friend.