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MarketScreener Homepage  >  Equities  >  Johannesburg Stock Exchange  >  Blue Label Telecoms Limited    BLU   ZAE000109088

BLUE LABEL TELECOMS LIMITED

(BLU)
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Blue Label Telecoms : Appointment of independent non-executive director (73áKb)

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09/18/2020 | 11:35am EDT

Blue Label Telecoms Limited

(Incorporated in the Republic of South Africa) (Registration number 2006/022679/06) Share code: BLU ISIN: ZAE000109088 ("Blue Label" or "Group")

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

Shareholders are advised that Ms Nomavuso Mnxasana has been appointed as an independent non executive director to the Blue Label Board ("Board") and as a member to the Blue Label Audit, Risk and Compliance Committee with effect from 18 September 2020.

Ms Mnxasana was a senior partner and member of the executive committee of SizweNtsaluba VSP before serving a group audit and risk executive at Imperial Holdings Limited. She is a former director of Nedbank Group and the JSE Limited and currently holds directorships at Barloworld Limited, Arcelor Mittal SA Limited and Industrial Development Corporation of South Africa Limited.

The Board takes great pleasure in welcoming Ms Mnxasana and wishes her a long and prosperous career with the Group.

Sandton

18 September 2020

Sponsor:

Investec Bank Limited

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Blue Label Telecoms Ltd. published this content on 18 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 September 2020 14:34:07 UTC


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Financials
Sales 2020 20 862 M 1 289 M 1 289 M
Net income 2020 124 M 7,69 M 7,69 M
Net Debt 2020 301 M 18,6 M 18,6 M
P/E ratio 2020 18,6x
Yield 2020 -
Capitalization 3 422 M 211 M 211 M
EV / Sales 2019 0,21x
EV / Sales 2020 0,12x
Nbr of Employees 1 074
Free-Float 51,4%
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Last Close Price 3,85 
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Managers
NameTitle
Brett Marlon Levy Joint Chief Executive Officer & Executive Director
Mark Steven Levy Joint Chief Executive Officer & Executive Director
Laurence Michael Nestadt Non-Executive Chairman
Dean Suntup Finance Director & Executive Director
Johan Smith Chief Technology & Information Officer
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