The Executive monitors takeover and merger activity, checking that all actions taken, as well as documents and announcements issued, comply with the Act and Takeover Regulations and keep a close watch on dealings in relevant securities.
When necessary the Executive is available for consultation and to give rulings and interpretations before, during and, when appropriate, after takeovers and mergers. The Panel encourages early consultation to provide guidance so that problems can be avoided.
The current Executive is as follows:
Mr Madimetja Lucky Phakeng – Executive Director
Mr Basil Kgaugelo Mashabane – Deputy Executive Director