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ARDEN CAPITAL LIMITED - Change in Directors Responsibilities

Release Date: 09/11/2020 09:15
Code(s): ACZ     PDF:  
Wrap Text
Change in Director’s Responsibilities

Arden Capital Limited
(formerly Brainworks Limited)
(Registration number: 115883 C1/GBL)
Share Code: ACZ
ISIN: MU0548S00026
(“Arden Capital” or “the Company”)

CHANGE IN DIRECTOR’S RESPONSIBILITIES

Shareholders are referred to the announcements released on SENS on 5 June 2019 and 2 January
2020, wherein the Company advised Mr Peter Saungweme would assume the dual role of interim
Chief Executive Officer (“CEO”) and Chief Financial Officer (“CFO”). The board of directors of Arden
Capital is pleased to announce that Mr Saungweme has been appointed as CEO of the Company with
effect from 9 November 2020.

The JSE has granted Arden Capital a dispensation to allow Mr Peter Saungweme to assume the dual
role of both CEO and CFO until 31 October 2021, whereafter the JSE must be consulted should an
extension be required.


Grand Baie, Mauritius
09 November 2020

Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 09-11-2020 09:15:00
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