The Board of Cim Financial Services Ltd (‘Cim’) wishes to inform its shareholders and the public that Mr. Tim Taylor will be stepping down as Chairman of the Board with effect from 16 January 2017.
The Board places on record its appreciation of the significant role played by Mr. Tim Taylor as Chairman since Cim’s introduction on the Stock Exchange of Mauritius in 2012. Mr. Tim Taylor will continue to serve as non-executive director on the Board after 16 January 2017.
The Board has appointed Mr. Colin Taylor as the new Chairman. He is presently Chief Executive of Taylor Smith Group and has been a non-executive director of Cim since 2006.
By order of the Board
Cim Administrators Ltd
12 January 2017
This communiqué is issued pursuant to Listing Rule 11.3.
The Board of Cim Financial Services Ltd accepts full responsibility for the accuracy of the information contained in this communiqué.