ELLIES HOLDINGS LIMITED - Resignation of chief executive officer (CEO)
ELI 201711200058A
Resignation of chief executive officer (“CEO”)
ELLIES HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2007/007084/06)
JSE share code: ELI ISIN: ZAE000103081
(“Ellies” or the “company”)
RESIGNATION OF CHIEF EXECUTIVE OFFICER (“CEO”)
The shareholders are advised that the company CEO, Wayne Samson, has resigned. Wayne has been with
the company for 28 years and has been part of the team that implemented the turnaround strategy. Now that
the company has returned to a profitable course, Wayne felt that it was time to take leave and to pursue new
interests. Wayne will be leaving at the end of February 2018 and will hand over to Executive Chairman
Elliot Salkow and the Finance Director Adrian Bock respectively. We would like to thank Wayne for his
many years’ service and dedication to the company.
The Board are confident that the current leadership has the required blend of skills and expertise to continue
with the turnaround strategy of Ellies and indeed then the growth of Ellies into the future.
Shareholders are advised that a further announcement, regarding the appointment of a new CEO, will be
released in due course.
20 November 2017
Sponsor
Java Capital
Date: 20/11/2017 04:21:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
