Changes to the Board
PEMBURY LIFESTYLE GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/205899/06)
(“PL Group” or “the Company”)
ISIN Code: ZAE000222949 JSE Code: PEM
CHANGES TO THE BOARD
Appointment of Directors
In compliance with section 3.59(a) of the Listings Requirements of the Johannesburg Stock Exchange,
shareholders are advised of the appointment of the following directors:
- Mr Roelof Martin Nel as an Independent Non-executive Director and Chairman of the Company with
immediate effect. Mr Nel is an entrepreneur who has successfully managed his own company for
thirty years. His business interests include real estate, construction, auctioneering and commodity
trading. Mr Nel has also managed business rescues and works with the legal, financial, and labour
- Mr Paul Hendrik Barnard as a Non-executive Director of the Company with immediate effect. Mr
Barnard obtained his LLB from the University of Pretoria and his LLM from the University of South Africa.
He was admitted as an Attorney in 1996 and admitted as a Conveyancer in 1998. Mr Barnard
practices as a commercial and litigation attorney and his field of practice includes commercial and
property related matters.
- Mr Jason McLachlan as a Non-executive Director of the Company with immediate effect. Mr
McLachlan obtained his Bachelor of Business Commerce in Investment Management from Milpark
Business School. He has also completed courses at Wits University related to the financing, building
and improvement of property portfolios. Mr McLachlan is an entrepreneur who owns multiple
businesses which include managing his own property portfolio, and a small education business.
The Board welcomes the new directors and looks forward to their contribution to the Pembury group.
Resignation of Directors
In accordance with paragraph 3.59(b) of the JSE Limited Listings Requirements and in conjunction with
the above appointments, the Board wishes to advise that Mr Lou Brits has resigned as an Independent
Non-executive Director and Chairman of the Company with immediate effect. In addition, Mr Christo
Hechter has resigned as a Non-executive Director of the Company with immediate effect.
The Board would like to thank Mr Brits and Mr Hechter for their valuable contribution to the Company.
BY ORDER OF THE BOARD
21 October 2019
Arbor Capital Sponsors
Date: 21/10/2019 03:31:00
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