Last 270.00
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nampak ltd-pfd 6.5 (NPP1) Snapshot

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04/19/13 - $270.00
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04/19/13 - $270.00
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nampak ltd-pfd 6.5 (NPP1) Details

Nampak Limited manufactures and sells metal, glass, paper, and plastic packaging products in South Africa, the United Kingdom, Angola, and internationally. It offers aluminum and tinplate beverage cans, aerosol cans, and closures; and aluminum ends, food cans, general line cans, tinplate crowns, glass bottles, and glass jars. The company also provides paper and flexible products comprising corrugated boxes, folding cartons, labels, multi-wall sacks, pouches, self-opening bags, and cigarette, food, and beer cartons, as well as plastic, paper, and aluminum laminations; and plastic products, such as HDPE bottles, closures, liquid packaging cartons, crates, drums, PET bottles, and tubes. In addition, it offers toilet tissues, disposable nappies, facial tissues, feminine hygiene products, incontinence products, and other household products, as well as washroom solutions. Further, the company provides right marking, addressing, bar coding, and labeling solutions; and date/batch coding and package inspection equipment, as well as recycles and produces packaging products. Nampak Limited is headquartered in Sandton, South Africa.

nampak ltd-pfd 6.5 (NPP1) Top Compensated Officers

Chief Financial Officer, Executive Director a...
Total Annual Compensation: R3.5M
Executive Director and Member of Group Execut...
Total Annual Compensation: R6.1M
Managing Director of Divfood and Member of Gr...
Total Annual Compensation: R2.6M
Company Secretary, Group Legal Adviser and Me...
Total Annual Compensation: R2.5M
Group Human Resources Director, Executive Dir...
Total Annual Compensation: R2.9M
Compensation as of Fiscal Year 2013.

nampak ltd-pfd 6.5 (NPP1) Key Developments

Nampak Limited Announces Executive Changes

Nampak Limited announced that the handover process from the current CEO, Mr. Andre Marshall, to the CEO designate, Mr. André de Ruyter, has proceeded well and accordingly Mr. De Ruyter will take over as CEO on March 1, 2014, rather than on April 1, 2014 as originally announced. Andrew Marshall will continue as an executive director and employee of the company until March 31, 2014.

Nampak Opens New Plastic Closures Line in Lagos, Nigeria

Nampak has commissioned a new plastic closures line in Lagos, Nigeria. Nampak South Africa has a long-standing strategic partnership with Bericap, Germany who agreed to extend the manufacturing licence to include Nampak Nigeria. The initial product will be closures for still water and will be followed by carbonated soft drink closures. This green field project included the installation of two Netstal 48 cavity injection moulders at the Nampak Nigeria site in the Ikeja industrial area in Lagos state. The injection moulders have a current capacity of 220 million closures that will increase as further injection moulders and moulds are installed. This will increase the basket of goods Nampak can offer to their major customers.

Nampak Announces Resignation of Nomfanelo Magwentshu, Non-Executive Director and Member of the Audit Committee

Nampak announced the resignation with immediate effect of Ms. Nomfanelo Magwentshu as non-executive director and member of the audit committee. Ms. Magwentshu has taken up a permanent position with a major consulting firm which will require her full time and attention.


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