MERAFE RESOURCES LIMITED - Appointment of financial director

Release Date: 02/07/2018 10:18
Code(s): MRF
Wrap Text
Appointment of financial director

(Incorporated in the Republic of South Africa)
(Registration number 1987/003452/06)
Share Code: MRF
ISIN: ZAE000060000
(“Merafe” or the “Company”)


In terms of paragraph 3.59 of the JSE Limited Listings Requirements, Merafe shareholders are
advised that Mr Ditabe Chocho has been appointed as financial director (“FD”) of the Company,
effective 1 August 2018.

Mr Chocho is a qualified South African Chartered Accountant and he has extensive experience in
financial and investment management gained during his tenure at various companies including Zico
Capital (Pty) Ltd, Aflease Gold and Uranium Limited and Transnet SOC. He served as chief financial
officer of MultiChoice Africa (Pty) Ltd (“MultiChoice”) and subsequently served as chief financial
officer and chief operating officer of DSTV Online, a division of MultiChoice in 2012. Thereafter
Mr Chocho served as FD of the Company during the period 2 January 2013 to 31 December 2014.
Following his departure from the Company Mr Chocho served as chief financial officer at Fraser
Alexander (Pty) Ltd.

Ms Kajal Bissessor will continue to serve her notice period in an advisory capacity until
31 August 2018 to ensure a seamless transition and handover process of the FD responsibilities to
Mr Chocho.

The board of directors welcomes back Mr Chocho and wishes him well in his role at Merafe.

2 July 2018

One Capital

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