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GLOBAL ASSET MANAGEMENT LIMITED - Appointment of Two Non-Executive Directors

Release Date: 20/07/2017 15:15
Code(s): GAM     PDF:  
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Appointment of Two Non-Executive Directors

GLOBAL ASSET MANAGEMENT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2002/003192/06)
Share Code: GAM       ISIN: ZAE000173498
("Global" or “the Company”)


APPOINTMENT OF TWO NON-EXECUTIVE DIRECTORS


Global is pleased to announce the appointment of Mrs Brenda Matyolo and Mr Machiel
Reyneke as non-executive directors with effect from 19 July 2017 pursuant to the nomination
thereof by African Rainbow Capital Proprietary Limited (“ARC”), as announced on 24 May
2017.

Mrs Matyolo is a qualified Ontological Coach and holds a National Diploma in Accounting
and Management Development Program Diploma with Unisa School of Business Leadership.
Brenda has diverse experience in building effective teams, managing projects, stakeholder
management, growing SMME’s to deliver shareholder value, transformation of supplier chains
and assisting organisations to embrace as well as integrate South Africa’s codes of good
practice on broad based black economic empowerment in doing business. Brenda joined
ARC in June 2016 as the Chief Operations Officer.

Mr Reyneke is a qualified Chartered Accountant (SA). During his career he has held various,
finance–related positions, including Financial Director of Santam Limited where he has served
as a board member and sub-committee member of various group companies. Machiel
joined ARC in July 2015 and is currently the Executive Director of mergers and acquisitions.


By order of the board
Johannesburg
20 July 2017

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

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