Edition:
India

Invicta Holdings Ltd (IVTJ.J)

IVTJ.J on Johannesburg Stock Exchange

834.14ZAc
11 Aug 2020
Change (% chg)

-25.86 (-3.01%)
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Summary

Name Age Since Current Position

Christoffel Wiese

78 2006 Non-Executive Chairman of the Board

Steven Joffe

48 2020 Chief Executive Officer, Executive Director

Nazlee Rajmohamed

53 2018 Financial Director, Executive Director

Craig Barnard

56 2018 Executive Director, Commercial Director

Gavin Pelser

56 2019 Chief Executive Officer - Invicta’s Engineering Solutions Group, Executive Director

A. Sinclair

65 2007 Executive Director

Lize Dubery

33 2018 Company Secretary and Legal Advisor

David Samuels

79

Lance Sherrell

54 2010 Non-Executive Director

Iaan Van Heerden

48 2020 Non-Executive Director

Jacob Wiese

38 2010 Non-Executive Director

Frank Davidson

55 2020 Non-Executive Independent Director

Mpho Makwana

49 2020 Non-Executive Independent Director

Rashid Wally

75 2013 Independent Non-Executive Director

Biographies

Name Description

Christoffel Wiese

Dr. Christoffel Hendrik Wiese serves as Non-Executive Chairman of the Board of the Company. Dr. Christo Wiese was appointed as a non-executive director of Invicta in October 1997 and served as chairman from October 1997 to April 2000. Christo was re-appointed as non executive chairman of Invicta in January 2006. Christo is currently also the chairman of Tradehold Limited and Shoprite Holdings Limited.

Steven Joffe

Mr. Steven B. Joffe serves as Chief Executive Officer, Executive Director of the Company. Invicta is pleased to announce that Steven Joffe has been appointed as the successor to CEO Arnold Goldstone with effect from 1 January 2020. Steven is a CA(SA) and holds BCom (Hons Taxation) and HDip (Company Law) qualifications. Steven was with the enX Group Limited for the last five years, initially as Chairman and later as CEO. Steven was previously the CEO of Wild Rose Management (Pty) Ltd and Gold Reef Casino Resorts Limited.

Nazlee Rajmohamed

Ms. Nazlee Rajmohamed serves as Financial Director, Executive Director of the Company. Nazlee is a chartered accountant, holding a bachelor of commerce degree and a post-graduate diploma in accountancy. Nazlee has over 24 years’ experience, having held senior positions within the TOTAL Société Anonyme Group in South Africa, Nigeria and France and at MTN Group Limited where she served as the Executive Group Finance. Nazlee joined Invicta on 1 July 2018 as Financial Director.

Craig Barnard

Mr. Craig Barnard serves as Executive Director, Commercial Director of the Company. Craig previously held positions with Sappi and Group Five, before joining Invicta as financial manager in 1998. Craig was appointed as director of CSE Equipment Company in 1999, as Invicta’s company secretary in 2002, and as an executive director of Invicta in June 2007. Craig resigned as company secretary in January 2014 and continued as financial as well as commercial director. During the year in review Craig handed the responsibilities of financial director over to Nazlee Rajmohamed, continuing in his role as commercial director.

Gavin Pelser

Mr. Gavin Pelser serves as Chief Executive Officer - Invicta’s Engineering Solutions Group, Executive Director of the Company. Gavin has over 30 years’ experience in the engineering sector and holds various diplomas including a technical NTC 5 qualification. Gavin has gained experience through various managerial roles as well as running his own business, Oscillating Systems Technology (“OST”), which was acquired by Invicta in 2005. Gavin was appointed as a divisional director of Bearing Man Group (“BMG”) in 2008, forming part of their mergers and acquisitions team. Gavin also played a lead role in BMG’s Simplify for Success strategy. Gavin was appointed as CEO of ESG and MD of BMG in September 2016, and as a director of Invicta in September 2017. Gavin handed over the role of MD of BMG on 1 May 2019 to Robin Briggs, and continues in his role as the CEO of ESG.

A. Sinclair

Mr. A. M. (Tony) Sinclair serves as an Executive Director of Invicta Holdings Limited. Tony joined JI Case in 1982 and was appointed as branch manager in 1986. Tony joined CSE Equipment Company in 1989 and was promoted to divisional managing director in 1993. Tony was appointed as managing director of CEG in 1998, a position which he still holds. Tony was appointed as an alternate director of Invicta in September 2006, and as an executive director in June 2007.

Lize Dubery

Ms. Lize Dubery has been appointed as Company Secretary and Legal Advisor of the Company., Lize was admitted as an attorney in 2011 after graduating with BA and LLB degrees. Lize has years of experience in corporate law, corporate governance and company secretarial practice and has completed the CIS qualification. Lize was appointed as Invicta’s Group company secretary and legal advisor in January 2018.

David Samuels

Mr. David I. Samuels serves as a Lead Independent Non-Executive Director of Invicta Holdings Ltd., David joined Trade and Industry Acceptance Corporation Limited in 1971 where he served as a director from 1980 to 1984. From 1989 to 2000 David was managing director of Stenham Proprietary Limited. In 1996. David was a non-executive director and chairman of Bearing Man Limited from 2001 to 2006, when that company was de-listed from the JSE. David was appointed as non-executive director of Invicta, and served as lead independent director from 1 April 2014.

Lance Sherrell

Mr. Lance R. Sherrell serves as a Non-Executive Director of Invicta Holdings Limited. Lance is a director and shareholder of the SMG Group (BMW). Lance studied commerce at the University of Cape Town and has been involved in the hospitality and motor trade industries for the past 15 years. Lance represented South Africa as a rugby player in the national team in 1994. Lance was appointed as alternate director to Reg Sherrell on 27 May 2009 and was nominated as non-executive director of Invicta on 29 July 2010, upon the retirement of Reg Sherrell.

Iaan Van Heerden

Mr. Iaan Van Heerden serves as Non-Executive Director of the Company. He 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.

Jacob Wiese

Adv. Jacob D. Wiese serves as Non-Executive Director of the Company. Jacob obtained his BA degree, after which he worked at Lourensford Wine Estate, assisting in initiating event partnerships. Jacob subsequently completed his master’s degree in International Economics and Management as a participant in an MBA program. After returning to Lourensford for a brief period, he graduated with an LLB degree in 2008. During 2009, he completed his pupilage at the Cape Bar and was admitted as an advocate of the High Court. Jacob was appointed as non-executive director of Invicta in July 2010.

Frank Davidson

Mr. Frank Davidson serves as Non-Executive Independent Director of the Company. 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.

Mpho Makwana

Mr. Mpho Makwana serves as Non-Executive Independent Director of the Company. He 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.

Rashid Wally

Mr. Rashid Ahmed Wally serves as Independent Non-Executive Director of the Company. Rashid has held various senior executive positions with IBM in Africa, Europe, the Middle East and South East Asia, including Lenovo in Africa. Rashid has over 38 years of experience in the Information Technology sector and was chairman of the board and member of the audit committee of Mango Airlines (SOC) Limited. Rashid is currently chairman of Fastjet PLC, a company listed on the London Stock Exchange AIM Section, and also serves on that company’s audit and risk committee. Rashid was appointed as an independent non-executive director of Invicta on 30 July 2013.

Basic Compensation

Name Fiscal Year Total

Christoffel Wiese

961,000

Steven Joffe

1,654,000

Nazlee Rajmohamed

3,380,000

Craig Barnard

3,812,000

Gavin Pelser

7,848,000

A. Sinclair

4,410,000

Lize Dubery

--

David Samuels

597,000

Lance Sherrell

259,000

Iaan Van Heerden

--

Jacob Wiese

109,000

Frank Davidson

--

Mpho Makwana

--

Rashid Wally

436,000
As Of  31 Mar 2020