In accordance with paragraph 3.59 of the JSE Limited Listings Requirements (“Listings Requirements”), the board of directors of the Company (“Board”) hereby announces that, after nearly 12 years of exceptional service as Group Chief Executive Officer (“Group CEO”) and almost 30 years’ service within the Group, Alan Dickson will be transitioning from this role over the next three months, through a structured and managed process.
Alan will formally hand over his Group CEO responsibilities on 1 March 2026 and will continue to serve as an executive director until 31 May 2026. During this period, he will remain involved in key activities, including shareholder engagements and the Group’s half-year reporting process. Thereafter, Alan will continue in an advisory capacity as an employee until 30 November 2026, to assist with a seamless transition.
The Board confirms that the Group’s strategic direction and operational objectives remain unchanged. The appointment of a new Group CEO is intended to ensure continuity in the successful execution of the strategy that has been successfully led by Alan and the executive team over the years.
The Board expresses its appreciation to Alan for his leadership and commitment to the Group since his appointment to the Board on 21 November 2013. Over the past 12 years, Alan has played an instrumental role in shaping and executing the Group’s strategy, driving operational excellence and delivering consistent shareholder value. His vision, integrity and dedication have left a lasting and positive impact on the Group.
The Board also extends its gratitude to Alan for making himself available to ensure a smooth succession process. The Board wishes him every success for his future and looks forward to his continued support during the transition period.
Appointment of a new Group CEO
In accordance with paragraph 3.59 of the Listings Requirements, the Board is further pleased to announce the appointment of Mr Anthonie de Beer as Group CEO with effect from 1 March 2026. Anthonie will join the Group with effect from 1 February 2026 to commence the handover process.
Anthonie is a Chartered Accountant (South Africa) and most recently served as Chief Executive Officer of the listed private equity group Ethos Capital Partners Limited, trading as EPE Capital Partners Limited, until his resignation on 31 October 2025.
He brings extensive experience in investing and leading complex and diversified businesses, with a proven record of strategic insight, operational excellence and strong leadership. His alignment with the Group’s culture and values positions him well to lead the Group into its next phase of growth and innovation.
The Board is confident that under Anthonie’s leadership, the Group will continue to build on its strong foundation, deliver sustainable growth, and create long-term value for all stakeholders. The Board welcomes Anthonie to the Group and congratulates him on his appointment.