AH-VEST LIMITED - Retirement of CEO

Retirement of CEO

(Incorporated in the Republic of South Africa)
(Registration number 1989/000100/06)
("AH-Vest" or "the Company")
Share code: AHL      ISIN code: ZAE000129177


In compliance with paragraph 3.59 of the JSE Listings Requirements, shareholders are
advised that Mr Ismail Darsot has advised the Board of his decision to retire as
Chief Executive Officer ("CEO") with immediate effect. Mr Darsot will, however,
continue to hold the position of Executive Chairman.

The Board has appointed current executive director and sales and marketing
director of the Darsot Group, Mr Muhammed Naasif Darsot, as CEO with immediate

The Board and management team wish to express their gratitude to Mr Darsot for his
hard work and dedication to the Group over the past 7 years and wish him well in his

24 January 2020

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

Date: 24-01-2020 05:43:00
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