- Published on 03 September 2018
In compliance with paragraph 3.59(a) of the JSE Limited Listings Requirements, Northam shareholders are advised that Mr MH (Mcebisi) Jonas and Mr JJ (Jean) Nel have been appointed as independent non-executive directors to the board of Northam (“board”), with effect from 6 November 2018. The appointments are subject to shareholder approval at the Northam annual general meeting, to be held on Tuesday, 6 November 2018 (further details of which will be published on SENS in due course).
Mr Mcebisi Jonas served as Deputy Finance Minister in the Government of the Republic of South Africa from 2014 to 2017 and was a member of the National Assembly until April 2017. Mr Jonas is an independent non-executive director of MTN Group Limited and is one of four independent presidential investment envoys, appointed by President Cyril Ramaphosa to attract investors to South Africa. He is also a former chairperson and non-executive director of the Public Investment Corporation.
Mr Jean Nel is a non-executive director of Mimosa Holdings (Pvt) Limited and Mimosa Investments Limited, which entities own and manage the Mimosa Platinum mine in Zimbabwe. Mr Nel has more than 18 years’ experience in mining and mining finance, including having served as the CEO of Aquarius Platinum from 2012 to 2016, at which time he led the successful disposal of Aquarius Platinum to Sibanye Gold Limited (now Sibanye-Stillwater Limited). He is a Chartered Accountant (South Africa) and a CFA charterholder.
Mr Brian Mosehla, chairman of the board, commented, “Northam is pleased to welcome Messrs Mcebisi Jonas and Jean Nel to the board. They bring extensive additional experience and expertise to Northam, which will further strengthen the board’s diversity and independence. We look forward to their meaningful contribution to the group’s future growth and development.”
3 September 2018
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