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Voluntary announcement - Holdsport management restructure
LONG4LIFE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2016/216015/06)
Share code: L4L ISIN: ZAE000243119
(“Long4Life” or “the Company”)
VOLUNTARY ANNOUNCEMENT – HOLDSPORT LIMITED (“HOLDSPORT”)
MANAGEMENT RESTRUCTURE
Following the acquisition of Holdsport in November 2017, and in line with Long4Life’s
decentralisation philosophy, the management of the Holdsport operating divisions will report
directly to the Long4Life executive. Pursuant to this restructure, Mr Kevin Hodgson will resign
from his role as Chief Executive Officer and director of Holdsport, with effect from 1 March
2018. He will continue to support Long4Life’s Sport and Recreation unit in a consulting
capacity, working alongside Mr Brian Joffe and the executive team.
Mr Hodgson retains a significant shareholding in Long4Life and is supportive of its long-term
strategy.
The Board of Long4Life wishes to express its gratitude to Mr Hodgson for his lengthy and
valuable service to Holdsport, and looks forward to benefiting further from his extensive
knowledge and experience.
Johannesburg
10 January 2018
Sponsor
The Standard Bank of South Africa Limited
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