COMBINED MOTOR HOLDINGS LIMITED - Changes to Directors Functions

Release Date: 29/05/2015 13:00
Code(s): CMH
 
Wrap Text
Changes to Directors Functions

Combined Motor Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1965/000270/06)
Share code: CMH     ISIN: ZAE000088050
(“CMH”)

Change to directors’ functions

In terms of 3.59(c) of the JSE Listings Requirements, CMH
advises that, following a meeting of the Board held on 28 May
2015, the following changes to directors’ functions have been
effected:
  - Mr JTM Edwards (independent, non-executive Chairman)
     resigned as Chairman of the Remuneration Committee
     (“Remco”). He will remain a member of the Remco.
  - Ms LCZ Cele, was appointed Chairman of the Remco.
  - Mr JA Mabena (an independent, non-executive director)
     was appointed to the Remco.

The Remco of CMH now comprises LCZ Cele (non-executive,
independent)(Chairman), JTM Edwards (non-executive,
independent) and JA Mabena (non-executive, independent).

At the annual general meeting of CMH held on 28 May 2015,
shareholders approved the appointment of Mr ME Jones (non-
executive, independent) to the Audit and Risk Assessment
Committee.

The Audit and Risk Assessment Committee of CMH now comprises
JS Dixon (non-executive, independent)(Chairman), N Siyotula
(non-executive, independent) and ME Jones (non-executive,
independent).

All changes are effective 28 May 2015.

Durban
29 May 2015

Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd

Date: 29/05/2015 01:00:00 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.

Share This Story