To view the PDF file, sign up for a MySharenet subscription.

PHUMELELA GAMING & LEISURE LIMITED - Resignation of Executive Director, Sports Betting

Release Date: 03/12/2018 17:16
Code(s): PHM     PDF:  
Wrap Text
Resignation of Executive Director, Sports Betting

Phumelela Gaming & Leisure Limited
(Registration number 1997/016610/06)
(Incorporated in the Republic of South Africa)
Share Code: PHM ISIN: ZAE000039269
(“Phumelela” or the “Company”)


RESIGNATION OF EXECUTIVE DIRECTOR, SPORTS BETTING


In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, the board of
directors of Phumelela Gaming and Leisure Limited ("the Board") hereby notifies its shareholders
that Mr Vee Moodley has tendered his resignation as Executive Director, Sports Betting effective
30 November 2018.

He was appointed Executive Director, Sports Betting in 2010 and later assumed the position of
CEO of Betting World, a subsidiary of Phumelela, in 2015.

Following an extended career in the horseracing industry, Vee will take up the position of CEO at
the National Horseracing Authority (“NHA”) in early January 2019.

Mr Rob Scott, current CEO of Tellytrack, will assume the role of Sports Betting Executive.

The Board and management team would like to thank Vee for his valued service and contribution
to the Company over the past eight years and wish him every success in his new role as CEO of
the NHA.


Johannesburg
03 December 2018

Sponsor and Investment Bank
Investec Bank Limited

Date: 03/12/2018 05:16:00 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.

Share This Story