Resignation of Mr Terence Goodlace as Chief Executive Officer
IMPALA PLATINUM HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1957/001979/06)
JSE Share code: IMP
ADR code: IMPUY
(“Implats” or the “Company”)
RESIGNATION OF MR TERENCE GOODLACE AS CHIEF EXECUTIVE OFFICER
Implats wishes to announce to shareholders that after six years on the Implats board of directors
(the “Board”), of which the initial two were as a non-executive director, Mr Terence Goodlace has
advised the Board that he will step down as Chief Executive and executive director of the Company
on 1 December 2016.
Mr Terence Goodlace said: “I am very pleased to have served this great company for more than half
a decade and depart with a sense of pride for leaving behind a great team of executives and a strong
board to lead Implats into the future.”
Dr Mandla Gantsho, the chairman of the Board said: "It has been a great pleasure working with
Terence over the past six years, especially since becoming Chairman last year. I would like to thank
him for his outstanding contribution to Implats, at a difficult time for the platinum mining sector and
the mining industry generally. I wish Terence much success in the future. The Board is pleased that
he has given us a long notice period of his intention to step down and appreciate his commitment to
continue to support the company and the board on the important 'lower for longer commodity
prices' response initiatives, and in the leadership succession and handover."
The Board is reviewing its leadership succession plans as well as embarking on a structured search
process to fill the vacancy.
T: +27 (0) 11 731 9013/43
M: +27 (0) 82 809 0166
T: +27 (0) 11 731 9033/43
M: +27 (0) 82 498 3608
18 May 2016
Sponsor to Implats
Deutsche Securities (SA) Proprietary Limited
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