OCEANA GROUP LIMITED - Appointment of Chief Executive Officer

Release Date: 31/07/2018 09:00
Code(s): OCE
 
Wrap Text
Appointment of Chief Executive Officer

OCEANA GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1939/001730/06)
JSE share code: OCE
NSX share code: OCG
ISIN: ZAE000025284
(“Oceana” or “the Company”)


CHANGES TO THE BOARD

Further to the announcement released on 20 February 2018 advising shareholders
that Mr Imraan Soomra has been appointed as interim Chief Executive Officer,
Oceana is now pleased to announce that Mr. Soomra has been appointed as its Chief
Executive Officer (“CEO”), effective 1 August 2018. Mr. Soomra has served as
Oceana’s Chief Financial Officer since July 2013 and worked closely with the
previous CEO, Francois Kuttel, in growing shareholder value. His appointment
ensures a seamless transition and consistency in Oceana’s strategic direction.


Trevor Giles, a qualified chartered accountant with over 19 years of service at
Oceana, has been appointed as interim Chief Financial Officer, effective
1 August 2018, until such time as a suitable candidate has been appointed.


31 July 2018
Cape Town


Sponsor - South Africa: The Standard Bank of South Africa Limited

Sponsor - Namibia: Old Mutual Investment Services (Namibia) Proprietary Limited

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