The board of directors of Poynting Holdings Limited notified its shareholders that Dries Mellet has resigned as an executive director with immediate effect. Dries will however, continue to serve the group in the capacity of chief operating officer. The board also notified shareholders that Nico de Waal has been appointed as a non-executive director with immediate effect, and he will also join the group's audit and risk committee.

Nico's appointment as a non-executive director will facilitate Poynting's endeavour's to align the composition of the Board with the principles of King III. Nico joined the PSG Group in 2011 and is currently the chief executive officer of PSG Private Equity.