Re:Kantor still in charge!

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8 months 4 weeks ago #772624 by Bob Brogan
Kantor still in charge! was created by Bob Brogan
PHUMELELA MEDIA RELEASE
SUBJECT: Incorrect reporting
DATE: Monday 7 October 2019
RELEASED BY: Phumelela Gaming


Shareholders are referred to newspaper articles in both the Sporting Post and the Business Day, with Business Day quoting as its source the Sporting Post, that “Kantor quits Phumelela Gaming, Tembe steps up”, published on 4 October and 7 October 2019 respectively. This claim by the newspapers is factually incorrect. Mr Kantor has not stepped down as chairman of the Group, he will remain as chairman at least until the AGM scheduled on 5 December 2019. The Board remains committed to its transformation initiatives and shareholders will be advised of any changes to the Board via SENS at an appropriate time.

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8 months 4 weeks ago #772628 by Sylvester
Sylvester on topic Kantor still in charge!
more chaos in racing land

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5 months 2 weeks ago #779807 by Bob Brogan
Bob Brogan on topic Kantor still in charge!
Was it announced today? Sure I read it was Phum AGM?

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5 months 1 week ago #779810 by Mac
He has stepped down as Chairman and from the Board.


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"Lot 226, 2016 NYS, Diamondveld, R1.5m"

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5 months 1 week ago #779816 by Bob Brogan
Bob Brogan on topic Re:Kantor still in charge!
Phumlela - AGM results and board changes
22 January 2020 7:31
Phumelela shareholders are advised that at the Annual General Meeting of members held on 21 January 2020, the ordinary and special resolutions proposed in the Notice of Annual General Meeting were passed with the requisite majority votes, except for Ordinary Resolutions 7 and 8 as well as Special Resolution 3.
In this regard, Phumelela confirms the voting statistics from the Annual General Meeting as follows: % Number
Total number of shares that could be voted at meeting 100% 99 969 347
Total number of shares present/represented including proxies at meeting (including shares abstained from voting)80% 79 481 790

Changes to the board
Shareholders are advised that Mr Bernard Kantor has retired with effect from 21 January 2020 after serving the Board for the past 20 years. Mr Moses Tembe, currently serving as Lead Independent Director, has been appointed chairman of the Board with immediate effect. The Board would like to thank Mr Kantor for his contribution and leadership as chairman and welcomes Mr Tembe in his new role. The Board also wishes Mr Kantor every success in his future endevours.

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