Enhanced Investments - Financial Portal

Renewal of cautionary announcement

Published: 2024-03-13 11:00:25 ET

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”)


RENEWAL OF CAUTIONARY ANNOUNCEMENT


Shareholders are referred to the SENS announcement released by the Company on 31 January 2024
detailing, inter alia, the fact that the board of directors of Ellies had resolved to place the Company
into voluntary business rescue (“business rescue”) in terms of section 129 of the Companies Act, 71
of 2008 and that shareholders should exercise caution when dealing in their Ellies shares.

The business rescue plan (the “plan”) in this regard is in the process of being prepared, details of which
will be announced as soon as the plan has been finalised. Shareholders are therefore advised to
continue to exercise caution when dealing in their Ellies shares until such time as details with regard
to the plan are announced.

13 March 2024


Sponsor

Java Capital

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.