AFRICAN RAINBOW MINERALS LIMITED - African Rainbow Minerals (ARM) Limited announces change to Board of Directors

African Rainbow Minerals (ARM) Limited announces change to Board of Directors

African Rainbow Minerals Limited
(Incorporated in the Republic of South Africa)
(Registration number 1933/004580/06)
JSE Share code: ARI
ISIN: ZAE000054045
(“ARM” or the “Company”)

AFRICAN RAINBOW MINERALS (ARM) LIMITED ANNOUNCES CHANGE TO
BOARD OF DIRECTORS

In terms of paragraph 3.59 of the JSE Limited Listings
Requirements shareholders are hereby advised that Ms Abigail
Mukhuba will be stepping down as the ARM Finance Director
effective from 30 September 2020 to pursue a new career.

The Company will be embarking on a process to identify a
permanent successor for Ms Mukhuba, which will consider both
internal and external candidates.

Mr Derrick King, the Senior Executive Finance: Corporate and
Tax, has been appointed as the Acting Finance Director
effective 30 September 2020, until his appointment is approved
by the shareholders of the Company at the next annual general
meeting of the Company.

The Executive Chairman of ARM, Dr Patrice Motsepe, said: “I
would like to express our gratitude to Abigail for the
outstanding work she did as Finance Director of ARM. We wish
her everything of the best in her new job. I would also like
to welcome Derrick as our Acting Finance Director from 30
September 2020 when Abigail hands over to him. Derrick was
part of the old Anglovaal and continued in the Finance
Department after the Anglovaal takeover by ARM in 2004.”

ENDS

For all investor relations queries, please contact:

Jongisa Magagula
Executive Director: Investor Relations     and   New   Business
Development
Office: +27 11 779 1507
Email: jongisa.magagula@arm.co.za

Sandton
31 March 2020
Sponsor: Investec Bank Limited

Date: 31-03-2020 09:35:00
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