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WESCOAL HOLDINGS LIMITED - Changes to the board of directors

Release Date: 17/11/2017 07:05
Code(s): WSL     PDF:  
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Changes to the board of directors

Wescoal Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2005/006913/06)
(JSE code: WSL ISIN: ZAE000069639)
(“Wescoal” or “the company”)

CHANGES TO THE BOARD OF DIRECTORS

In compliance with section 3.59 of the Listings Requirements of the JSE Limited, shareholders are
advised that Mr Eric Thuthukani Mzimela and Mr Cecil Maswanganyi have been appointed to the
Board as non-executive directors, effective from 17 November 2017.

Eric is a former banker, he has an indirect shareholding in Wescoal, and is an entrepreneur, with
business experience dating back to 1981. He has qualifications in Analytical Chemistry and Industrial
Relations.

Cecil has an accounting background with audit and tax skills, with diverse business, board and
provincial government experience, dating back to 1989. He is currently CEO of Simeka Capital
Holdings and has qualifications in commerce, tax and business administration.

The biographies and experience of the directors on Wescoal’s board are reflected on the company
website at www.wescoal.com.

Wescoal is committed to enhancing the composition of the Board and to building the range of
expertise and experience available to the business.

The Board congratulates Eric and Cecil on their appointments and looks forward to their contribution
and participation in their new directorship roles.



17 November 2017
Johannesburg

Sponsor
Nedbank Corporate and Investment Banking

IR Advisor
Singular Systems IR

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