GRAND PARADE INVESTMENTS LIMITED - Appointment Of Chief Executive Officer

Release Date: 16/07/2018 17:00
Code(s): GPL
 
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Appointment Of Chief Executive Officer

GRAND PARADE INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1997/003548/06)
Share code: GPL
ISIN: ZAE000119814
(“GPI” or “the Company”)

APPOINTMENT OF CHIEF EXECUTIVE OFFICER

In accordance with paragraph 3.59(a) of the JSE Limited Listings Requirements, shareholders
are hereby advised that Prabashinee Moodley (“Prabashinee”) has been appointed as Chief
Executive Officer (“CEO”) of GPI with effect from 1 August 2018. Dr Hassen Adams will step
down acting CEO from the same date, whilst remaining as executive chairman.

Prabashinee is an experienced quick service restaurant executive and has held senior
positions at Dunkin Brands Inc. and McDonald’s Corporation, both in the USA and globally.
She has extensive experience across all areas of business and senior leadership roles
including business strategy and development, franchising and operational excellence.

The board and executive team welcomes Prabashinee to the position and wishes her a
successful tenure.

Cape Town
16 July 2018

Sponsor
PSG Capital

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