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ARM announces changes to the Board of Directors
African Rainbow Minerals Limited
(Incorporated in the Republic of South Africa)
(Registration number 1933/004580/06)
JSE Share code: ARI
ISIN: ZAE000054045
(“ARM” or the “Company”)
ARM announces changes to the Board of Directors
In terms of paragraph 3.59 of the JSE Limited Listings
Requirements notification is hereby given of the following
changes to the ARM Board of Directors:
1. Retirement of Financial Director
After eight years as Financial Director, Mr Mike Arnold will
be retiring as Financial Director of ARM on 10 December 2017
after having reached the Company’s normal retirement age of
60 years in July this year and will work with the new Financial
Director for a period of six months as part of the handover
process.
Mr Arnold will remain on the ARM Board of Directors as a Non-
Executive Director with effect from the date of his retirement
and he will also provide consulting services to the Company.
2. Appointment of Financial Director
After a comprehensive search process, which included both
internal and external candidates, the ARM Board of Directors
is pleased to announce the decision to appoint Ms. Abigail
Mukhuba, the current Chief Financial Officer of ARM, as
Financial Director with effect from 11 December 2017.
Patrice Motsepe, ARM’s Executive Chairman said, “I would
like to express my gratitude to Mike Arnold for the good work
he did as Financial Director of the Company. Mike was employed
at ARM for eighteen years in various capacities including
serving as Financial Director for eight years.”
“I would also like to welcome Abigail Mukhuba as the incoming
Financial Director of ARM. Abigail is an experienced CA(SA)
with many years of financial experience in the mining
industry.“
ENDS
For more information please contact:
Jongisa Magagula
Corporate Development and Head of Investor Relations
Tel: +27 11 779 1507
E-mail: jongisa.magagula@arm.co.za
Johannesburg
12 June 2017
Sponsor: Deutsche Securities (SA) Proprietary Limited
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