To view the PDF file, sign up for a MySharenet subscription.

DELTA INTERNATIONAL PROPERTY HOLDINGS LIMITED - Resignation of Delta International's chief executive officer

Release Date: 14/04/2015 17:50
Code(s): DLI     PDF:  
Wrap Text
Resignation of Delta International's chief executive officer

DELTA INTERNATIONAL PROPERTY HOLDINGS LIMITED
(Registered by continuation in the Republic of Mauritius)
(Registration number 128881 C1/GBL)
JSE share code: DLI
SEM share code: DEL.N0000
ISIN: MU0473N00002
(“Delta International” or “the Company”)



RESIGNATION OF DELTA INTERNATIONAL’S CHIEF EXECUTIVE OFFICER




Shareholders are advised that Louis Schnetler, Delta International’s chief executive officer and a director of the Company, has
tendered his resignation due to unforeseen personal reasons. Pursuant to the terms of his employment, Mr. Schnetler’s
resignation will however only become effective on 7 July 2015. The board of directors of Delta International (the “Board”) would
like to thank Mr. Schnetler for his contribution to the Company.

The Board has already started a process to identify an appropriate replacement for Mr. Schnetler and is over-seeing the hand-
over of his responsibilities to ensure minimal disruption to the Company. Recent appointments to Delta International’s
management team with strong financial and rest of Africa experience will assist in ensuring a smooth transition.

Shareholders will be updated on the appointment of a new chief executive officer in due course.

Delta International has its primary listing on the Stock Exchange of Mauritius and a secondary listing on the Alternative Exchange
of the JSE Limited.

By order of the Board


Company Secretary
Apex Fund Services (Mauritius) Ltd.
+230 404 8800

JSE Sponsor
Nedbank Capital
+27 11 295 8525

14 April 2015

The Board of Directors of Delta International Property Holdings Limited accepts full responsibility for the accuracy of the
information contained in this communiqué.

Date: 14/04/2015 05:50:00 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.

Share This Story