(Incorporated in the Republic of South Africa)
(Registration number 1990/001119/06)
Share code: ADH
("ADvTECH" or "the Company")
APPOINTMENT OF MR JENS YAHYA ZIMMERMANN AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR
The board of directors of ADvTECH ("the Board") is pleased to announce the appointment of Mr Zimmermann as an independent non-executive director of the Company with effect from 24 April 2018.
Mr Zimmermann holds a MBA from Harvard Business School, Boston. He has held numerous positions in businesses operating in various sectors including education, healthcare, energy and real estate in developed and emerging markets. His work experience includes consulting, private equity and investment partnerships. He is currently the Managing Partner and Co-founder of Halo Investments in Dubai.
Commenting on the appointment, ADvTECH Chairman Chris Boulle said:
"I am delighted that Mr Zimmermann has agreed to join the ADvTECH Board. He has exceptional investment and business insight which will be of significant benefit to our discussions and decision-making."
The ADvTECH Group welcomes Mr Zimmermann to the Board.
24 April 2018
Sponsor: Bridge Capital Advisors Proprietary Limited