| Fri 16 Feb 2007, 9:32 | | DTP - DataPro Group - Board restructure |
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DTP
DTP
DTP - DataPro Group - Board restructure
Datapro Group Limited
(Incorporated in the Republic of South Africa)
(Registration Number: 1998/016433/06)
Share code: DTP ISIN code: ZAE000058061
("DataPro Group" or "the company")
BOARD RESTRUCTURE
In compliance with paragraph 3.59 of the Listings Requirements of the JSE
Limited, the board of directors of DataPro Group are pleased to announce the
following restructure.
With effect from 15 February 2007 and as announced on SENS on 15 January 2007,
Dr Lulu Gwagwa and Mr Thierry Dalais have been appointed to the board of
directors, following the acquisition of 20% of DataPro Group by Lereko Metier
Capital Growth Fund following participation in the vendor placing relating to
the Orion Telecom Investment Holdings (Proprietary) Limited ("Orion")
acquisition. In addition, Mr Jacques du Toit, Managing Director of Orion
Telecom has been appointed to the board on the successful completion of the
Orion Telecom acquisition. Ms MJ Krastanov has resigned from the board with
immediate effect.
After the above changes the board will comprise the following:
Mr Anthony Peter van Marken - Executive Chairman
Mr Douglas Graham Reed - Chief Executive Officer
Mr Christopher Michael von Holdt - Chief Financial Officer
Mr Gary Sweidan - Executive Director
Mr Jacques du Toit - Executive Director
Mr Thierry Dalais - non executive director
Dr Lulu Gwagwa - non-executive director
Mr Mutle Constantine Mogase - non executive director
Mr Chris Lister James (alternate to Mr Mogase)
Mr Thierry Dalais is the executive chairman and a founder of the Metier Group
and serves as a non executive director of a number of listed and unlisted
companies. He has driven the formation and implementation of Metier`s private
equity partnership with Lereko, and been instrumental in raising commitments and
interest in its unique proposition and is active member of its investment team.
With over two decades in private equity and financial services advice to
entrepreneurs, Thierry has developed and shared a passion for investment and
partnering that has provided inspiration to financial services firms and
partners alike.
Thierry completed degrees in accounting and commerce at the University of the
Witwatersrand and served articles at Deloitte in Johannesburg and Sandton where
he qualified as a chartered accountant in 1984. Thierry was then employed at
Merhold Investment Corporation Ltd, initially in its trade financing activities,
and later in the investments and corporate advisory services arm where he was
responsible for establishing and managing a successful principal investment
portfolio.
In 1991, Thierry Dalais co-founded Capital Partners, now Brait, and led the
formulation of investment policy and transaction structuring and served, inter
alia, as principal and key man of Brait`s private equity funds and as its
Executive Deputy Chairman.. Thierry also serves as trustee of a number of
community based organisations with a youth development and educational support
focus.
Dr Lulu Gwagwa has a Masters degree in Town and Regional Planning from the
University of Natal, an MSc (cum laude) from the London School of Economics and
Political Science, and a PhD from the University College, London. She also holds
various certificates on leadership development, corporate governance and
executive coaching programmes.
In 1995 Lulu was appointed deputy director general in the Department of Public
Works to establish the National Public Works Programme. Amongst her
responsibilities was to initiate the transformation of the construction industry
and the establishment of the emerging contractor development programme.
Lulu recently completed a five-year term as the CEO of the IDT, where she was
tasked with its transformation from a grant-making to an implementation
management agency. By the time she left, the IDT had a programme portfolio of
over R1bn and had been appointed by Cabinet to support, coordinate and implement
the Integrated Sustainable Rural Development Programme. This gave Lulu the
opportunity to work closely with all provinces and municipalities. Prior to
assuming an executive role at Lereko, she also consulted for government on
development planning, transformation and institutional capacity building.
During the last ten years Lulu has travelled extensively, and has worked at
strategic level with various multilateral, bilateral and private sector
organisations.
Lulu is a shareholder and an executive director of Lereko. She also serves as a
non-executive on the boards of the Airports Company of South Africa, FirstRand,
the South African Post Office, the Development Bank of Southern Africa and the
Mineworkers Investment Company. Lulu has also served on various government
commissions, including the Commission for the Delineation and Demarcation of
Provincial Boundaries and the Ministerial Advisory Committee on Local Government
Transformation. Lulu was a finalist in the 2002 Nedbank Business Woman of the
Year.
Mr. Jacques du Toit has a B.Com (Business Management) from the University of
Pretoria. Jacques started his career as a sales consultant with CellPro. In
1995, he joined Plessey Cellular as a sales consultant and was promoted to
National Sales Manager in September 1998. In April 1999 he joined Orion as
National Business Development Manager and later became National Sales Manager,
before being appointed to the board of a subsidiary of Orion during 2003. In
2005, Jacques acquired a shareholding in Orion and was appointed to the board of
directors of Orion. Jacques is the Managing Director of Orion.
Johannesburg
16 February, 2007
Designated Advisor
Arcay Moela Sponsors (Pty) Ltd
Date: 16/02/2007 09:32:35 Produced by the JSE SENS Department.
