|
PNC
PNC
PNC - Pinnacle - Appointment of Director
Pinnacle Technology Holdings Limited
Registration number 1986/000334/06
Share Code: PNC
ISIN: ZAE000022570
("Pinnacle") ZAE000022570
APPOINTMENT OF DIRECTOR
In terms of Rules 3.59 of the JSE Limited Listings Requirements, shareholders
are advised that Mrs Daphne Mashile-Nkosi has been appointed to the board of
Pinnacle as an independent non-executive director and the new chairperson of the
board with effect from Thursday, 18 August 2011.
Throughout her life Daphne Mashile-Nkosi has been passionate about addressing
the inequalities faced by women throughout South Africa. It is this passion that
drives her in business today. In August 2005 her consortium won a license to
mine manganese in the Northern Cape. Nineteen companies applied as equity
partners and through a rigorous selection process, ArcelorMittal was chosen as a
50% partner for R4.2 billion.
Mrs Mashile-Nkosi serves as Chairperson of Bakhazi-Banalima (Pty) Ltd, Kalahari
Resources (Pty) Ltd, Kalagadi Manganese, Lesedi Drilling and Mining (Pty) Ltd
and the Mpumalanga Gaming Board. She also serves as deputy chairperson and
trustee of the Women`s Development Bank Trust, where she was a founding member
and a development officer for WDB Micro Finance. She has served as a non-
executive independent director of Heritage Collection Holdings Ltd. since May
2006 and at Metmar Limited since 8 May 2006. Mrs Mashile-Nkosi is also a
founding member, shareholder and director of Temoso Technologies.
Mrs Mashile-Nkosi serves as a Director of various Eyesizwe group companies,
Women`s Development Bank Investment Holdings (Pty) Limited and hold shares at
Cellsaf. She also serves as a Trustee of the FirstRand Empowerment Trust.
Daphne Mashile-Nkosi is an inspiration to women throughout the world and through
her dedication and commitment to South Africa, she has seen the creation of 30
000 jobs, empowered other women in the business sector and continues to inspire
all those that work with her. She has thrived in the male dominated mining
sector and will go down in history as the mother of the largest mining venture
of its kind in the last 30 years.
Midrand
19 August 2011
Sponsor
Deloitte & Touche Sponsor Services (Proprietary) Limited
Date: 19/08/2011 15:24:06 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS. |
|
