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AFRICAN RAINBOW CAPITAL INVESTMENTS LIMITED - ARC Investments announces appointment of non-independent non-executive director

Release Date: 10/03/2020 11:31
Code(s): AIL     PDF:  
Wrap Text
ARC Investments announces appointment of non-independent non-executive director

African Rainbow Capital Investments Limited
(Incorporated in the Republic of Mauritius)
(Registration number: C148430)
JSE share code: AIL
ISIN: MU0553S00000
(“ARC Investments” or “the Company”)


In compliance with the JSE Limited Listings Requirements, the following information is disclosed:

Shareholders are advised that Ms. Refiloe Nkadimeng (“Ms. Nkadimeng”) has been appointed as
non-independent non-executive director to ARC Investments board with effect from 9 March

Ms. Nkadimeng is currently Chief Financial Officer at Ubuntu-Botho Investments. She is an
experienced executive with over 16 years of corporate management experience. She is a qualified
chartered accountant with B Com degree and Higher Diploma in Accounting from the University
of Witwatersrand.

She has over 10 years of board experience spread across diverse industries including financial and
property management services, mining services and supplies, tourism, automotive and

Her current appointments include amongst others, Combined Motor Holdings Limited where she
serves as board and audit committee member, and RH Bophelo where she serves as board and
audit committee member.

Ms. Nkadimeng expressed her thanks for the appointment and opportunity to serve on the board
and looks forward to contributing to seeing the Company excel.

Ebene, Mauritius (with simultaneous circulation in Johannesburg)
10 March 2020

For further information on African Rainbow Capital Investments, please visit our website at, or contact

JSE Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Tel: +27 11 282 8231

Company Secretary
Intercontinental Trust Limited
Tel: +230 403 0800

Date: 10-03-2020 11:31:00
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