4SIGHT HOLDINGS LIMITED - Change in Role of Directors

Release Date: 12/10/2018 11:00
Code(s): 4SI
 
Wrap Text
Change in Role of Directors

4SIGHT HOLDINGS LIMITED
(Incorporated in the Republic of Mauritius)
(Registration number: C148335 C1/GBL)
(“4Sight Holdings” or “the Company”)
ISIN Code: MU0557S00001 JSE Code: 4SI

CHANGE IN ROLE OF DIRECTORS


In compliance with paragraph 3.59 of the Listings Requirements of the Johannesburg
Stock Exchange (“JSE”), shareholders are advised that there will be a change in the
roles of directors with the move of Professor Antonie van Rensburg (“Antonie”) from
Chief Executive Officer (“CEO”) to Chief Digital Officer, with effect from 31 December
2018. This decision is largely due to the demand for Industry 4.0 solutions being far
greater than anticipated and the difficulty in securing a suitable candidate to lead
the digital transformation strategy. Going forward, Antonie will drive this strategy and
be more customer facing.

The Financial Director, Mr Jacques Hattingh will focus on the other day-to-day
operational duties and responsibilities of CEO.

Antonie and Jacques will accordingly act in a joint CEO capacity until the Board
completes its task of identifying a suitable successor to Antonie to drive the group’s
other expansion and international strategies, in order to ensure continuity.


Mauritius
12 October 2018

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

Date: 12/10/2018 11:00:00 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.

Email this JSE Sens Item to a Friend.

Share This Story