Datacentrix - Change In Shareholding And Additions
Tuesday, 22 May 2001 - 12:00
DATACENTRIX HOLDINGS LIMITED
CHANGE IN SHAREHOLDING AND ADDITIONS TO BOARD OF DIRECTORS
SHAREHOLDING
We are pleased to announce that Treacle Venture Partners have acquired a 12%
shareholding in Datacentrix from the Sanlam Group for a consideration of R18
million. Treacle is a R245 million TMT private equity and venture capital
fund.(see www.treacle.co.za)
The partners in Treacle, Rudolf Pretorius, Christoff Botha and Konrad
Fleischhauer bring with them a collective 25 years of investment banking and
private equity experience, specialising in the IT industry. We expect a
positive contribution in the areas of adding strategic value, corporate
governance, and participation as non-executive directors on various boards
within the Datacentrix Group.
BOARD OF DIRECTORS
In accordance with the requirements of paragraph 3.67 of the JSE Securities
Exchange SA Listing Requirements, the following should be noted:
Gary Morolo (previously non-executive chairman) will assume the position of
Executive Chairman.
Christoff Botha (partner in Treacle) is appointed as a non-executive
director.
Natanya Kuper-Cohen (Gensec-NSA Equity fund) is appointed as a non-executive
director.
Stewart Barker (CEO of Commerce Centre) is appointed as an executive
director.
Charl Joubert (CEO of Datacentrix Business Solutions) is appointed as an
executive director.
The above changes are effective from 21 May 2001.
THE COMPOSITION OF DATACENTRIX HOLDINGS LIMITED BOARD FOLLOWING THE ABOVE
APPOINTMENTS WILL BE AS FOLLOWS:
Gary Morolo (Chairman)
Gerhard Uys
Klaas Lammers
Leon Theron
Stewart Barker
Charl Joubert
Sam Nematswerani*
Joan Joffe*
Christoff Botha*
Natanya Kuper-Cohen*
*Non-executive.
For and on behalf of the board
Gary Morolo
Executive Chairman
Pretoria
22 May 2001
Registered Office: Sanwood Park Block 7, 379 Queens Crescent, Lynnwood,
Pretoria. PO Box 74415, Lynnwood Ridge, Pretoria, 0040.
Transfer Secretaries: Mercantile Registrars Limited, 11 Diagonal Street,
Johannesburg 2001. Sponsor: Barnard Jacobs Mellet
www.datacentrix.co.za
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