ADCORP HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1974/001804/06
Share code: ADR & ISIN: ZAE000000139
CHANGES TO THE BOARD
Shareholders are referred to the SENS announcement published on 21 December 2020, advising shareholders, inter alia, that Dr John Peter Wentzel (“Dr Wentzel”) will replace Mr Phil Roux (“Mr Roux”) as chief executive officer (“CEO”) of the Company with effect from 1 April 2021.
The board is pleased to announce that Mr Roux has agreed to remain an executive director of the Company until 30 April 2021 in order to assist Dr Wentzel as the new CEO and to ensure a seamless transition.
26 March 2021