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VUNANI LIMITED - Changes to the executive responsibilities of the managing director

Release Date: 21/08/2014 12:15
Code(s): VUN     PDF:  
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Changes to the executive responsibilities of the managing director

VUNANI LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/020641/06)
JSE code: VUN
ISIN: ZAE000163382
("Vunani" or "the company")


CHANGES TO THE EXECUTIVE RESPONSIBILITIES OF THE MANAGING DIRECTOR


In terms of paragraph 3.59 of the JSE Limited Listings Requirements, Vunani wishes to advise
shareholders that the Vunani Limited board of directors has approved the appointment of Mr
Butana Khoza as the Chief Executive Officer of Vunani Fund Managers Proprietary Limited
(“VFM”), the major operating subsidiary within Vunani’s asset management segment. As a result
of Mr Khoza’s redeployment, his responsibilities as managing director of Vunani have been
redistributed between the remaining executives and, as such, the role of managing director has
fallen away.
Mr Khoza will continue to serve in his capacity as an executive director on the Vunani Limited
board of directors.




Sandton
21 August 2014


Designated Adviser
Grindrod Bank Limited

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