Resignation of Group Chief Executive Officer
DENEL SOC LIMITED
Registration number: 1992/001337/30
JSE Alpha Code: BIDEN
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
The full media statement is available at http://www.denelaeronautics.co.za/press-article/Denel-
16 May 2018
Debt Sponsor: Nedbank Corporate and Investment Banking
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