Try our mobile app
Trellidor Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 1970/015401/06) Share Code: TRL ISIN Code: ZAE000209342 (“Trellidor” or “the Company”) CHANGES TO THE BOARD The board of directors of the Company (“the Board”), wishes to advise that John Winship has indicated that after serving on the Trellidor Board since 2006, when he comes up for rotational retirement, as an independent non-executive director, at the 2022 Annual General Meeting (“AGM”), he will not be making himself available for re-election but will at that time be stepping down from his position on the Board at a date to coincide with the date of the AGM, which date is currently scheduled for 9 November 2022. A formal SENS announcement will be made confirming John’s resignation following the AGM. The Nomination Committee having assessed the skill set gap on the Board approached Stuart Bird and, in accordance with paragraph 3.59(a) of the JSE Listings Requirements, the Board wishes to advise that Stuart has accepted the appointment as an independent non- executive director of the Company as well as a member of the Audit, Risk & Compliance Committee, Nomination & Remuneration Committee and the Social & Ethics Committee (which committee he will also chair), with effect from 1 June 2022. Stuart comes with a strong retail background with his history in managing retail businesses. He held various auditing and accounting-focused positions in his early career and was appointed as the financial director of Hub Trading Company, previously a division of Mr Price Group Limited, in 1993, whereafter he was promoted to managing director in 1999. In 2001, he joined Mr Price Apparel (a division of Mr Price Group Limited), as the deputy managing director and took over as managing director in 2002. He was appointed as deputy chief executive officer of Mr Price Group Limited in 2010 and was promoted to chief executive officer in 2011, in which position he remained until his retirement in 2018. The Board believes that the experience and skill set that Stuart brings from a retail sales and marketing perspective will further enhance the Board’s capabilities and will be a welcome asset to the Trellidor business. The Board thanks John for his service and valuable contribution to the Trellidor Board and welcomes Stuart and looks forward to his contribution to the Company. Durban 31 May 2022 Sponsor PSG Capital
