Sharenet Sites 
Sharenet Sites
Changes To The Board Of Directors
Invicta Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/002182/06)
Ordinary Share code: IVT Ordinary Share ISIN ZAE000029773
Preference Share code: IVTP Preference Share ISIN: ZAE000173399
(“Invicta” or “the Company”)
CHANGES TO THE BOARD OF DIRECTORS
Invicta is pleased to announce the appointment of Mpho Makwana (“Mpho”) and Frank Davidson
(“Frank”) as independent non-executive directors, as well as Iaan van Heerden (“Iaan”) as non-
executive director from 1 May 2020.
Mpho, 49, has 30 years’ business leadership and serves as non-executive director for Nedbank Ltd,
ArcelorMittal South Africa Ltd and Illovo SA (Pty) Ltd, amongst others, and is a trustee on the board of
the Nelson Mandela Children’s Fund and BRAND SA. He holds B.Admin and Post Graduate Diploma
in Retailing Management qualifications.
Frank, 55, is a chartered accountant with a career as business owner and executive spanning over 30
years. He has worked in the wealth management business for more than 20 years and is currently
engaged in private equity. Frank is an independent non-executive director of Nu-World Industries Ltd
and KayDav Group Ltd.
Iaan, 48, holds BLC, LLB and LLM (cum laude) degrees, and a Higher Diploma in International Tax.
He served as an Investment Banking Director at Rand Merchant Bank and has more than 20 years’
experience in, inter alia, investment banking, mergers and acquisitions, tax and corporate law. Iaan is
a co-founder of Oryx Partners, which manages Dr Christo Wiese’s family office and is a strategic
business partner of the Wiese family.
Invicta welcomes Mpho, Frank and Iaan to the board.
Shareholders are further advised that Byron Nichles will resign as director on 1 May 2020 to pursue
other opportunities. The board thanks Byron for his years of service to the Group, both as executive
and non-executive director.
Invicta’s audit committee chairman, David Samuels, has also indicated his intention to retire from the
board after the release of the 2020 results. A further announcement regarding changes to the
composition of board committees will be made after the release of the 2020 results.
Johannesburg
30 April 2020
Company Secretary: Lize Dubery
Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd
Date: 30-04-2020 03:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
