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ANSYS LIMITED - Changes to the Board of Directors

Release Date: 30/06/2016 08:00
Code(s): ANS     PDF:  
Wrap Text
Changes to the Board of Directors

Ansys Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1987/001222/06)
(JSE code: ANS ISIN: ZAE000097028)
(“Ansys” or “the Company”)

Changes to the Board of Directors

In compliance with section 3.59 (c) of the JSE Listings Requirements (“JSELR”),
shareholders are advised of the following designation changes to the Board of Directors of
Ansys with effect from 1 October 2016:
   - Rynier van der Watt, currently the Chief Executive in charge of Strategy, Mergers &
      Acquisitions, will be appointed as the Group Chief Executive Officer of Ansys;
   - Teddy Daka, currently the Group Chief Executive Officer, will be appointed as the
      Executive Chairperson of the Board; and
   - in compliance with and pursuant to paragraph 3.84(c) of the JSELR, Nonhlanhla
      Mjoli-Mncube, currently the Non-Executive Chairperson of the Board, will be
      appointed as the Lead Independent Non-Executive Director.

Rynier van der Watt was one of the founder members and Chief Executive Officer of
Parsec Holdings (Pty) Ltd (‘Parsec’) for 8 years. He was instrumental in the integration of
Parsec and Ansys subsequent to the completion of the acquisition. Rynier is currently
responsible for the strategy of Ansys, which entails the acquisition and integration of new
businesses into the Ansys Group of companies, new venture management and the
Company’s innovation strategy.

Teddy Daka, appointed as the Interim Chief Executive Officer in June 2012, fulfilled the
role of Group Chief Executive Officer of Ansys over the last four years. Teddy will return to
his previous position, however as Executive Chairperson.

The Board of Directors is looking forward to the impact that these changes will make in the
Company’s pursuit of its vision as an IP-led engineering and technology solutions provider.

30 June 2016
Centurion


Designated Advisor
Exchange Sponsors

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