ELLIES HOLDINGS LIMITED - Update on appointment of chief executive officer (CEO)
ELI 201804300077A
Update on appointment 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")
UPDATE ON APPOINTMENT OF CHIEF EXECUTIVE OFFICER ("CEO")
Shareholders are referred to the announcements released on SENS on 20 November 2017 and
28 November 2017, regarding the resignation of the company's CEO and, following the dispensation
obtained from the JSE, the appointment of the current chief financial director ("CFO") Adrian Bock and the
executive chairman, Elliot Salkow as joint CEO of Ellies.
Shareholders are advised that the company is finalising the appointment of a new CEO and has been granted
a further dispensation from the JSE for Adrian Bock to continue in his role as CFO and joint CEO; and for
Elliot Salkow to continue in his role as executive chairman of the board and joint CEO (with Oliver Fortuin
as the lead independent non-executive director) for an additional period (which period is not expected to
extend beyond 1 July 2018) until the appointment of the new CEO is finalised. An announcement will be
made as soon as possible in respect of the appointment.
30 April 2018
Sponsor
Java Capital
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