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PINNACLE HOLDINGS LTD - Appointment of an Executive Director

Release Date: 19/05/2014 16:13
Code(s): PNC     PDF:  
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Appointment of an Executive Director

Pinnacle Holdings Limited
(Previously Pinnacle Technology Holdings Limited)
Registration number 1986/000334/06
Share Code: PNC
ISIN: ZAE000184149
(“Pinnacle” or “Pinnacle Group”)



Appointment of an Executive Director


In terms of paragraphs 3.59 to 3.62 of the Listings Requirements of the JSE Limited, shareholders are
advised that the Board of Directors of Pinnacle (“the Board”) has appointed an additional executive
director, Mr Henry Ferreira (age 61) (”Mr Ferreira”) to serve on the Board in order to enhance the
capacity of the Board and also assist in managing the future growth of Pinnacle. The appointment is
effective 1 June 2014.
Mr Ferreira held the role of CEO of Axiz (Pty) Ltd, trading as AxizWorkgroup (“AxizWorkgroup”) a
major subsidiary in the Pinnacle Group, for the last two years. Mr Ferreira has been appointed to the
position of Executive Director: Head of Distribution for Pinnacle Group.
Mr. Ferreira is an industry veteran, bringing over 30 years’ experience in the ICT industry to the
table. He is well known in the South African market for his roles as Country General Manager for
Hewlett Packard South Africa (Pty) Ltd and Managing Director of Compaq Africa (Pty) Ltd.
Prior to joining AxizWorkgroup as the CEO in February 2012, Mr. Ferreira held the position of
Country General Manager for Lenovo Africa (Pty) Ltd, where he was responsible for managing and
growing the Lenovo business whilst maintaining and growing relationships with key enterprise
customers and business partners.
He has also held Executive positions with Microsoft Southern Africa, Nokia Networks, Unisys Africa
and Hewlett Packard UK & Ireland.
The Board welcomes Mr Ferreira in his new role.


Midrand
19 May 2014


Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

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