GNDE - GND/GNDP - Grindrod Limited - Resignation and appointment of Chief

31/05/2012 08:58:01

GND/GNDP - Grindrod Limited - Resignation and appointment of Chief
(Registration number: 1966/0009846/06)
Share code: GND & GNDP
ISIN: ZAE000072328 & ZAE000071106
In accordance with the requirements of paragraph 3.59 of the Listing
requirements of the JSE the following should be noted:
Shareholders are advised of the following changes to the Board/Executive
team of Grindrod:
Tony Stewart, has resigned effective 31 May 2012 as Executive Director of
Grindrod Limited and Chief Executive of the Trading Division of Grindrod,
to pursue other interests;
Wayne Hartmann will assume the position of Chief Executive of the Trading
division of Grindrod, effective 01 June 2012. Wayne joins Grindrod with 26
years of oil industry experience covering inter-alia African operations,
oil refining, trading and shipping.
Tony Stewart will not be immediately replaced on the Grindrod Limited board
and will remain with the group until 30 June 2012 to ensure a smooth
Sponsor : Grindrod Bank Ltd
31 May 2012
Date: 31/05/2012 08:58:01 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.

Back to securities exchange news feed