Ellies Holdings Limited has 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.

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.