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ANSYS LIMITED - Change to the Board of Directors

Release Date: 15/12/2017 11:30
Code(s): ANS     PDF:  
Wrap Text
Change 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”)

Change to the Board of Directors

In compliance with section 3.59 of the JSE Listings Requirements, shareholders are
advised that Elvin de Kock has been appointed as Chief Financial Officer (“CFO”) and
executive director of Ansys with effect from 8 January 2018. He replaces Burt Lambrecht,
who served in this position for the past two years.

Elvin is a Fellow of the Chartered Institute of Management Accountants, an Associate of
Chartered Institute of Company Secretaries amongst others. Elvin has started his career
as the financial manager for Reuters in Africa, in 1986. Since then he has served on the
Boards of a number of companies, in various positions.

The appointment of Elvin to the position of CFO is in line with the Company’s growth
strategy, where his experience would support the additional skill sets required on a group
level. Burt’s previous involvement in the growth of the company’s defence and mining
businesses will be utilised in the establishment and growth of the Company’s two new
business units, Original Design Manufacturing and Digital Defence.

The Board wants to thank Burt for his valuable contribution as CFO and welcomes Elvin,
and is looking forward to their contribution in support of the Company’s growth strategy.

15 December 2017
Pretoria

Designated Advisor
Exchange Sponsors

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