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Update on business rescue proceedings
ELLIES HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2007/007084/06)
JSE share code: ELI ISIN: ZAE000103081
("Ellies Holdings" or the "Company")
UPDATE ON BUSINESS RESCUE PROCEEDINGS
Shareholders are referred to the SENS announcement of 10 April 2024 in this regard and are advised
that the notice of motion with regard to the discontinuation of business rescue proceedings and the
placing of Ellies Holdings into liquidation ("notice of motion") was filed with the court on
Thursday, 2 May 2024. Copies of the notice of motion are available on request from
cblumenthal@fluxmans.com.
This announcement relates only to Ellies Holdings Limited, the listed holding company of the Ellies
group of companies.
Notice to Affected Persons of Ellies Electronics (Pty) Limited ("Ellies Electronics")
The operating entity Ellies Electronics remains in business rescue and is continuing to trade. In this
regard it is continuing to acquire services and goods from suppliers for installation or sale to its
customers. The proposed business rescue plan for Ellies Electronics is due to be published on or before
10 May 2024. The business rescue practitioner of Ellies Electronics continues to believe that there is
a reasonable prospect that Ellies Electronics can be rescued.
3 May 2024
Sponsor
Java Capital
Date: 02-05-2024 05:30:00
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