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GLOBAL ASSET MANAGEMENT LIMITED - Appointment of Non-Executive Director

Release Date: 23/02/2018 17:05
Code(s): GAM     PDF:  
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Appointment of Non-Executive Director

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 NON-EXECUTIVE DIRECTOR


In compliance with section 3.59(a) of the Listings Requirements of the Johannesburg Stock
Exchange, shareholders are advised of the appointment of Mr Charl Cilliers as a non-executive
director of Global with effect from 23 February 2018.

Mr. Cilliers is a Chartered Accountant and holds the position of Chairman and Chief Executive
Officer of Inshare Proprietary Limited (“Inshare”) and Insure Group Managers Limited (“Insure
Group”), respectively.

Mr Cilliers is a seasoned business executive with a strong entrepreneurial spirit, having built
strong business and operational experience serving various roles in the business environment.
He started his career as a Chartered Accountant at Arthur Andersen in 1995. In subsequent
years he gained knowledge of corporate finance, financial analysis and forecasting within the
banking sector. In 2000 he joined Insure Group as Chief Operations Officer and later became
the Managing Director following a leveraged management buy-out in 2003 through Inshare.
Mr Cilliers also manages select investments for Inshare, which is the holding company of Insure
Group.

The board welcomes Mr Cilliers and looks forward to his contribution to the Company.


Johannesburg
23 February 2018


Designated Advisor
Arbor Capital Sponsors Proprietary Limited

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