To view the PDF file, sign up for a MySharenet subscription.

PPC LIMITED - Tryphosa Ramano, Chief Financial Officer and Director of PPC, Steps Down

Release Date: 10/10/2019 13:15
Code(s): PPC PPC003     PDF:  
Wrap Text
Tryphosa Ramano, Chief Financial Officer and Director of PPC, Steps Down

(Incorporated in the Republic of South Africa)
(Company registration number: 1892/000667/06)
ISIN: ZAE000170049
JSE code: PPC003
JSE ISIN: ZAG000117524
("PPC" or the "Company")


In compliance with paragraph 3.59 of the Listings Requirements of the JSE
Limited, PPC wishes to announce that the Board of Directors (“the Board”)
and Ms. Tryphosa Ramano have mutually agreed to separate. Ms Ramano will
therefore step down as the Chief Financial Officer (“CFO”) and as director
of PPC with effect from 31 October 2019. Ms Ramano has indicated she is
stepping down to pursue personal interests.

The Board would like to thank Ms. Ramano for her many years of dedicated
service to PPC and wishes her well in her future endeavours. She has been
with PPC for 8 years, since joining in August 2011 and has played a major
role in assisting PPC to deliver on its strategy of growing outside of SA,
with PPC ROA revenue increasing by ~80% over the period. Ms Ramano played a
leadership role in ROA governance, representing PPC on the boards of PPC
group companies in Ethiopia, Rwanda, Zimbabwe and DRC. Ms Ramano has agreed
to take on a consultancy role with PPC which will see her avail her services
to PPC in order to ensure continuity.

Ms Ronel van Dijk, has been appointed as interim CFO and as an Executive
Director to PPC Ltd, with effect from 1 November 2019 until such time as a
permanent CFO and Executive Director is appointed. On behalf of the Board,
the Chairman, Mr Jabu Moleketi, said that the Nominations Committee of the
Company will commence the process to appoint a permanent CFO with immediate

Ronel has a B.Rek (Hons) degree from the University of Stellenbosch and
qualified as a CA(SA) in December 1997. Ronel joined Spur Corporation Limited
as group financial manager in January 2003. In January 2005 she was appointed
as CFO and Company Secretary, and she was appointed to the board of directors
in September 2006. Ronel resigned from Spur Corporation Limited in March
2018 and was appointed as a non-executive director and audit and risk
committee member of GPI Limited and Adcorp Holdings Limited in December 2018
and June 2019 respectively. She is also a founding member of the Western
Cape Development Board of the Early Care Foundation.

10 October 2019

Merrill Lynch South Africa (Pty) Limited

Investor contacts:
Anashrin Pillay
Tel: +27 (0)11 386 9000

Date: 10/10/2019 01:15:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Email this JSE Sens Item to a Friend.

Share This Story