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ENL - Enaleni Pharmaceuticals Announces Change To Board Of Directors
Enaleni Pharmaceuticals Limited
(Incorporated in the Republic of South Africa)
(Registration number 2002/018027/06)
JSE code: ENL & ISIN: ZAE000067740
("Enaleni")
Enaleni Pharmaceuticals announces change to Board of Directors
Shareholders are advised as follows:
Resignation:
Non-executive director and empowerment consortium `Sweet Sensations` member,
Thembisa Dingaan has resigned from the Board with immediate effect due to family
reasons. The board thanks Ms Dingaan for her expertise and commitment to the
Enaleni group during her tenure.
New appointments:
The Board has appointed Sweet Sensations members, Mr Bongani Caga and Ms
Nthabiseng Mokone as non-executive directors with immediate effect.
Mr Caga is an executive director of Umnombo Investment Holdings and a non-
executive director of a Cape Town based Geo Satellite manufacturing company.
He was previously an executive director of Decorum Capital Partners
(Proprietary) Limited, and before that an Investment Banker in the corporate
finance division of Standard Corporate and Merchant Bank. Mr Caga also served as
a corporate finance advisor with SCMB and was involved in various corporate
finance transactions and a number of BEE transactions, including the Telkom IPO
and listing on the JSE Limited and New York Stock Exchange.
Ms Mokone is the head of a Private Equity Fund at Amabubesi Investments and
currently serves as a non-executive director of Digicore Holdings and Alliance
Group (Auction Alliance).
Extension of contracts:
Enaleni executive directors, Jerome Smith (CEO) and Chris Aucamp (CFO), together
with Cipla Medpro directors, Duncan Watermeyer (Regulatory Affairs) and Nic De
Jongh (Medical Director), have confirmed their commitment to the group through
the extension of their contracts until December 2010.
Durban
13 November 2007
Sponsor
Nedbank Capital
Date: 14/11/2007 07:30:01 Produced by the JSE SENS Department.
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