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Home » AEN: ALLIED ELECTRONICS CORPORATION LIMITED - Update announcement on the appointment of Altron´s Chief Executive

AEN: ALLIED ELECTRONICS CORPORATION LIMITED - Update announcement on the appointment of Altron´s Chief Executive

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Release Date: 
22 March 2017

AEN: ALLIED ELECTRONICS CORPORATION LIMITED - Update announcement on the appointment of Altron´s Chief Executive
Update announcement on the appointment of Altron´s Chief Executive

Allied Electronics Corporation Limited
(Registration number 1947/024583/06)
(Incorporated in the Republic of South Africa)
Share code: AEL ISIN: ZAE000191342
Share code: AEN ISIN: ZAE000191359
("Altron" or "the company")

UPDATE ANNOUNCEMENT ON THE APPOINTMENT OF ALTRON´S CHIEF EXECUTIVE

Shareholders are referred to the announcement released on SENS on 7 March 2017 regarding the
appointment of Mr Mteto Nyati as Altron Chief Executive and the stepping down as Chief Executive
by Mr Robbie Venter.

Shareholders are advised that Mr Nyati will assume the position of Altron Chief Executive with effect
from 1 April 2017. Mr Venter will work closely with Mr Nyati during his handover period and the
board looks forward to Mr Venter´s on-going participation as a non-executive director on the Altron
board.

Johannesburg
22 March 2017

Sponsor
Investec Bank Limited

Date: 22/03/2017 04:30:00 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.