Mr Patrick Ntshalintshali has been appointed as a non-executive director of the Texton Board and as a member of the Investment Committee, with effect from 1 March 2016.

Patrick has over 20 years of experience in financial services and asset management.

He has held various executive positions such as portfolio manager and head of research at Old Mutual Asset Managers and Vunani Fund Managers, respectively, and has previously served on the board of Mvelaphanda Group as a non-executive director.

Patrick is currently a portfolio manager and director at Perpetua Investment Managers.

The Board welcomes the opportunity to have a new non-executive director with Patrick’s extensive commercial expertise and look forward to his contribution to the Company.