MICROMEGA HOLDINGS LIMITED - Resignation of a Director

Resignation of a Director

MICROmega Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1998/003821/06)
Share code: MMG ISIN: ZAE000034435
(“MICROmega” or “the Company” or “the Group”)


RESIGNATION OF A DIRECTOR


In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, MICROmega hereby
announces the immediate resignation of Russell Dick as an executive member of its board of directors (“the
Board”).

Following the finalisation of the NOSA disposal, the Group will be focusing increasingly on its water technology
business, which the Company anticipates being its fastest growing asset in the coming years. The operations
of the NOSA group of companies previously reported to Russell, and now that he has more time available, he
has accepted the full time role as the Chief Executive Officer of MICROmega H2O Proprietary Limited. Russell
will henceforth have direct operational control over our water-related businesses as the Company continues
to expand in this sector.

In accordance with the Group’s policy to not have operational executives on the Board, Russell has
relinquished this position.

Johannesburg
18 April 2018

Sponsor
Merchantec Capital

Date: 18/04/2018 12:37:00 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.