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Fri 30 Nov 2018, 16:57 ELLIES HOLDINGS LIMITED - Clarification on the position of Elliot Salkow
ELI 201811300089A
Clarification on the position of Elliot Salkow

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")


CLARIFICATION ON THE POSITION OF ELLIOT SALKOW


Shareholders are referred to the announcement by the company on 16 November 2018, which announced the
retirement of Elliot Salkow as the executive chairman of the board of directors of the company. The board
wishes to clarify that Mr. Salkow remains a non-executive director on the board of the company but ceased 
to be an employee with effect from 15 November 2018.

Shareholders are advised that Mr. Salkow disputes the board's contentions, and a further update will be
announced as and when more information becomes available.

30 November 2018


Sponsor
Java Capital

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