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Denel Soc Limited - Resignation Of Group Chief Executive Officer

Release Date: 16/05/2018 09:44
 
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Resignation of Group Chief Executive Officer

DENEL SOC LIMITED
Registration number: 1992/001337/30
JSE Alpha Code: BIDEN
(“Denel”)

RESIGNATION OF GROUP CHIEF EXECUTIVE OFFICER

Debt investors are hereby advised that Mr Zwelakhe Ntshepe has resigned as Group Chief Executive
Officer (“GCEO”) of Denel with immediate effect.

The board of Denel has appointed CEO of Denel Aeronautics, Michael Kgobe, as acting GCEO in the
interim.

The full media statement is available at http://www.denelaeronautics.co.za/press-article/Denel-
Board-Accepts-Group-Chief-Executives-Resignation/185.

16 May 2018
Debt Sponsor: Nedbank Corporate and Investment Banking

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