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Altron said its board nominations committee has started the process to find a successor.

In a surprise development, Altron has announced that its CEO, Mteto Nyati, will step down at the end of June.

Altron acquires security firm Lawtrust for R245 million Subscribe JSE-listed Altron has acquired digital signatures services company Lawtrust from Etion for R245 million subject to Competition Commission approval. Lawtrust is a digital trust services and cyber information security solutions company which provides solutions used to verify the authenticity of digital identities and counterparty systems in transactions, data encryption, digital signatures, as well as biometrics. “In 2019 we acquired Ubusha Technologies, a leader in identity management. Ubusha formed the foundation of Altron Se...

by JOHANNESBURG, (CAJ News) – ALTRON, the Johannesburg Stock Exchange-listed company, has acquired digital signatures services firm, Lawtrust, in a deal worth R245 million (US$17 million). The acquisition from Etion is subject to Competition Commission approval In 2019, Altron acquired Ubusha Technologies, a leader in identity management, which formed the foundation of Altron Security. “It has proven to be a great acquisition as customers accelerated their digital transformation due to COVID-19. The acquisition of Lawtrust positions Altron Security as a One Stop Shop for all that is dig...

(Incorporated in the Republic of South Africa) Share code: AEL ISIN: ZAE000191342 (“Altron” or “Altron Group” or “the Company”) ACQUISITION OF LAWTRUST – CATEGORY 2 TRANSACTION 1. INTRODUCTION TMTSA Group Proprietary Limited (“Altron TMTSA”) has entered into an agreement (“Agreement”) with Etion Limited, a South African public company listed on the Johannesburg Stock Exchange with Registration Number 1987/001222/06 (“Etion”), in terms of which Etion will sell and Altron TMTSA will acquire 100% of the issued...