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ADVTECH LIMITED - Appointment of Monde Nkosi as Non-Executive Director

Release Date: 25/03/2021 12:11
Code(s): ADH     PDF:  
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Appointment of Monde Nkosi as Non-Executive Director

ADvTECH LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1990/001119/06)
Share code: ADH
ISIN: ZAE0000 31035
(“ADvTECH” or “the Company” or “the Group”)


Appointment of Monde Nkosi as Non-Executive Director

In accordance with paragraph 3.59(a) of the JSE Limited Listings Requirements, the board of directors
of ADvTECH (“Board”) is pleased to announce the appointment of Mr Monde Nkosi (“Monde”) as a
non-executive director of the Company with effect from 1 April 2021.

Monde is an experienced investment professional in private and public equities in South Africa and
the USA. He is currently an executive director and senior investment professional at Value Capital
Partners (VCP), an investment firm that acts as an engaged shareholder in several JSE-listed entities.
Prior to VCP, Monde was on the investment team of FFL Partners, a San-Francisco based private equity
firm managing over USD2 billion.

Monde has served on the boards of several JSE-listed companies, including Grand Parade Investments
Limited and Adcorp Holdings Limited.

Monde holds a Bachelor of Business Science from the University of Cape Town, a Master of Arts in
Education from Stanford University and a Master of Business Administration from Stanford University.

Commenting on the appointment, ADvTECH Chairman Chris Boulle said: ‘We look forward to adding
Monde’s investment and capital allocation expertise to the Board, which will add value to our business
at ADvTECH.”

The ADvTECH Group welcomes Monde to the Board and look forward to his contribution.



25 March 2021

Johannesburg

Sponsor: Bridge Capital Advisors Proprietary Limited

Date: 25-03-2021 12:11:00
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