Invicta Holdings Shakeup: Group Secretary Resigns, Interim Appointment, and Future Plans Unveiled in Corporate Governance Transition

  • Ms. Lebohang Mpumlwana resigns as Invicta Holdings' Group Company Secretary, effective December 22, 2023.
  • The resignation complies with JSE Limited Listings Requirements.
By Lethabo Ntsoane

In a regulatory disclosure in accordance with JSE Limited Listings Requirements, Invicta Holdings Limited (JSE: IVT) has announced the resignation of its Group Company Secretary, Ms. Lebohang Mpumlwana, effective from December 22, 2023.

Acknowledging Contributions and Expressing Gratitude

The board of directors expressed appreciation for Ms. Mpumlwana’s significant contributions during her tenure. In an official statement, they conveyed their gratitude for her dedicated service to the company and extended best wishes for her future endeavors.

Acting Company Secretary Appointed

To ensure a smooth transition, Craig Barnard, who has previously held the position, will be taking on the role of acting company secretary. Barnard’s interim appointment will be effective until a suitable permanent replacement is identified and appointed.

RoleNameEffective Date
Acting Company SecretaryCraig BarnardDecember 22, 2023

Future Appointment Plans

The company announced that it will provide further details about the appointment of a new permanent Group Company Secretary in due course. The process of identifying and appointing a suitable candidate will be undertaken with diligence to ensure a seamless transition and continued effective corporate governance.

Regulatory Compliance and Corporate Governance

Invicta Holdings reiterated its commitment to adhering to regulatory requirements and maintaining high standards of corporate governance. The resignation of Ms. Mpumlwana follows the stipulations of paragraph 3.59 of the JSE Limited Listings Requirements, ensuring transparency and accountability to the shareholders and stakeholders of the company.

Closing Remarks

As Invicta Holdings navigates this leadership transition, the company reassures its shareholders and stakeholders of its commitment to maintaining stability and continuity in its operations. The board looks forward to updating the market on the appointment of a new permanent Group Company Secretary in the coming weeks.

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Lethabo Ntsoane

Lethabo Ntsoane holds a Bachelors Degree in Accounting from the University of South Africa. He is a Financial Product commentator at Rateweb. He is an expect financial product analyst with years of experience in reviewing products and offering commentary. Lethabo majors in financial news, reviews and financial tips. He can be contacted: Email: lethabo@rateweb.co.za Twitter: @NtsoaneLethabo