SEPHAKU HOLDINGS LIMITED - Change in directors responsibilities

Change in director’s responsibilities

Sephaku Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2005/003306/06)
Share code: SEP
ISIN: ZAE000138459
(“SepHold” or “the Company”)


Change in director’s responsibilities

Shareholders are referred to the announcement released on SENS on 25 July 2019 whereby
shareholders were advised that Dr. Lelau Mohuba will step down as Chief Executive Officer
(“CEO”) with effect from 31 December 2019. In terms of paragraph 3.59(c) of the JSE Listings
Requirements (“Listings Requirements”), SepHold hereby further announces that Mr Neil
Crafford-Lazarus will assume the role of both CEO and Executive Financial Director (“FD”) with
effect from 1 January 2020.

The Listings Requirements of the JSE require that issuers appoint a CEO and a full time FD. The
JSE has however granted SepHold a dispensation to allow Mr Crafford-Lazarus to assume the
role of both CEO and FD until 30 June 2020, whereafter the JSE must be consulted should an
extension be required.

Centurion
6 September 2019
____________________________________________________________________________
Enquiries contact: Sakhile Ndlovu              Sephaku Holdings               Investor Relations                012 612 0210

Sponsor to Sephaku Holdings: Questco (Pty) Ltd
About Sephaku Holdings Limited

Sephaku Holdings Limited (“SepHold”) is a building and construction materials company with a portfolio of investments in the cement
sector in South Africa. The strategy of SepHold is to generate growth and realise value for shareholders through the production of
cement and ready mixed concrete in Southern Africa. The company’s core investments are a 36% stake in Dangote Cement South
Africa (Pty) Ltd (formerly Sephaku Cement (Pty) Ltd) and 100% in Métier Mixed Concrete (Pty) Ltd.

Date: 06/09/2019 12:01:00
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