Adcorp Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1974/001804/06)
Share code: ADR & ISIN: ZAE000000139
(“Adcorp” or “the Company”)
CHANGE TO THE BOARD OF DIRECTORS
In terms of the Listings Requirements of the JSE Limited, the Company advises that Mr. Amitava Guharoy (“Amitava”), the CEO of Adcorp International, has resigned as an executive director of Adcorp with effect from 1 October 2016.
With the previously disclosed international funding transaction now not being pursued by Adcorp, Amitava would prefer to pursue business interests outside of the Adcorp group. The directors would like to thank Amitava for his contribution to Adcorp and wish him well in his future endeavours.
23 September 2016
Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited