Letshego Holdings Limited has terminated with immediate effect the employment of Mr. Andrew Fening Okai as Executive Director of the Group Board due to an irreparable breakdown in trust and confidence between the two parties. In addition, the Board has simultaneously suspended the Company Secretary Ms. Matshidiso Kimwaga pending a disciplinary process. While the Board considers a permanent appointment, Mr. Aupa Monyatsi, the current Chief Operations Officer of the Company has been appointed with immediate effect as Executive Director for an interim period.

The Board fully supports and has confidence in Monyatsi and his Executive Team to continue to drive the Company strategy.