Enhanced Investments - Financial Portal

Appointment of Chief Financial Officer

Published: 2023-11-07 17:00:27 ET

STADIO HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2016/371398/06
Share code: SDO
ISIN: ZAE000248662
(“STADIO” or “the Company”)


APPOINTMENT OF CHIEF FINANCIAL OFFICER


Further to the announcement released on SENS on 28 September 2023 and in accordance
with paragraph 3.59(a) of the JSE Limited Listings Requirements, the board of directors of
the Company (“the Board”) wishes to advise shareholders that Mr Ishak Kula CA(SA)
(“Ishak”) has been appointed as STADIO’s chief financial officer and as an executive director
of the Company, with effect from 1 January 2024.

Ishak joins STADIO from Bud Group Limited, where he served as the chief assurance
executive. Ishak has more than 15 years of finance experience with broad business acumen
and strong leadership qualities.

It is STADIO’s vision to accommodate over 100 000 students in the future. The Board
believes Ishak is well suited to contribute to the Group’s growth strategy, whilst continuing to
build and implement robust financial governance structures and processes to support the
Group in widening access to quality education across South Africa, for the benefit of all
stakeholders.

The Board welcomes Ishak and looks forward to his contribution to STADIO.

Durbanville
7 November 2023

Sponsor
PSG Capital

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.