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TRANSNET SOC LIMITED - BITRA-Acting CFO Changes
BITRA-Acting CFO Changes TRANSNET SOC Limited Issuer Code: BITRA ("TRANSNET") Appointment of Acting Chief Financial Officer Noteholders are hereby advised of the departure of the Acting Group Chief Financial Officer, Mohammed Mahomedy and the appointment of Mark Gregg-Macdonald as the new Acting Chief Financial Officer. Transnet's Chairperson, Dr Popo Molefe said: "Mahomedy steered Transnet through some turbulent times, and leaves a legacy of good governance and sound financial systems." "His contribution to the Zondo Commission of Inquiry into State Capture provided great insight into the impact of state capture at Transnet, and showed how he and others played a sterling role in fighting corruption," added Molefe. Mr Mark Gregg-Macdonald will act as Group Chief Financial Officer whilst the process of recruiting a permanent GCFO is underway. The Board would like to thank Mr Mahomedy for his contribution and wishes him well in all future endeavours. 26 March 2020 Debt Sponsor The Standard Bank of South Africa Limited Date: 26-03-2020 01:49:00 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.