Enhanced Investments - Financial Portal

Appointment of interim Chief Financial Officer

Published: 2022-12-12 12:00:43 ET

Libstar Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2014/032444/06)
JSE share code: LBR
ISIN: ZAE000250239
(“Libstar” or the "Company")



APPOINTMENT OF INTERIM CHIEF FINANCIAL OFFICER

Shareholders are referred to the SENS announcement published on 12 September 2022
wherein Libstar advised that Mr. Charl De Villiers, the current Chief Financial Officer
("CFO"), had been appointed as the Chief Executive Officer with effect from 1 January 2023.

The board of Libstar is pleased to announce the appointment of Ms. Terri Lee Ladbrooke,
currently Financial and Operations Executive at Rialto, a division of the Company’s
subsidiary, Libstar Operations (Pty) Ltd, as interim CFO of the Company with effect from 1
January 2023.

Terri is a qualified Chartered Accountant who has held various financial roles within Libstar
since joining the Company in 2015, including that of Group Financial Controller and Internal
Audit Manager at Libstar Operations as well as Management Accountant and Finance
Executive at Rialto.

A comprehensive process to appoint a permanent CFO is underway and an announcement
will be made once the appointment has been finalised.

Cape Town
12 December 2022

Sponsor
The Standard Bank of South Africa Limited

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

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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.