The Board of Pembury Lifestyle Group Limited confirmed that Ms. Cordelia Sachiti was appointed as the Interim Chief Executive Officer with effect from 15 September 2022, having assumed the management functions from the date of passing of the former Chief Executive Officer. She remains the Financial Director of PL Group and is being supported by the non-executive directors, the Designated Advisor and the Company Secretary, where needed. The Board will seek to appoint an additional executive director in due course following the regularisation and recapitalisation of the Company and to ensure compliance with the JSE Listings Requirements.

The Board wants to ensure that the right candidate is appointed for the group going forward, with input from key stakeholders.