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WORKFORCE HOLDINGS LIMITED - Appointment to the Board of Directors and Change in Function of a Director

Release Date: 27/06/2017 14:05
Code(s): WKF     PDF:  
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Appointment to the Board of Directors and Change in Function of a Director

Workforce Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 2006/018145/06)
Share code: WKF      ISIN: ZAE000087847
(“Workforce” or “the Company” or “the Group”)


APPOINTMENT TO THE BOARD OF DIRECTORS AND CHANGE IN FUNCTION OF A DIRECTOR


In compliance with paragraph 3.59 of the Listings Requirements of JSE Limited, the board of directors of
Workforce (“the Board”) hereby notifies its shareholders that Mr Shaun Naidoo (“Shaun”) has been
appointed as a non-executive director of the Company with effect from 26 June 2017, as a representative of
the Company’s shareholder, Vunani Corporate Finance (a division of Vunani Capital Proprietary Limited).
He will replace Mr Mark Anderson, who will remain on the Board as an alternate director to Shaun.

Shaun is a qualified Chartered Accountant and holds an MBA, which he completed in 2016 at the Gordon
Institute of Business Science. He completed his articles at KPMG, whereafter he served as an Audit
Manager and chairman of the social and responsibility committee.

Shaun is a Corporate Finance Director at Vunani Corporate Finance, where he is involved in, inter alia, the
execution of corporate transactions, BEE structuring, balance sheet restructuring, valuations, IFRS and tax
advisory and capital raising.

The Board welcomes Shaun, and looks forward to his contributions to the Group.

Johannesburg
27 June 2017

Designated Adviser
Merchantec Capital

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