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Ellies Holdings Ltd
Brooklyn Place
3 Centex Close, Kramerville
Phone: +27 114903800p:+27 114903800 SANDTON, 2137  South Africa Ticker: ELIELI
Filed for Reorganization Proceedings on 2/1/2024
On 2/1/2024, Ellies Holdings Ltd voluntarily commenced Business Rescue Proceedings pursuant to Section 129(1) of the Companies Act 71 of 2008. John Francis Evans of RS Advisors (Pty) Ltd was appointed as the Business Rescue Practitioner.
On 4/10/2024, the Business Rescue Practitioner announced there is no reasonable prospect of the Company being rescued, and therefore, in accordance with section 141(2)(a)(ii) of the Companies Act, he will file an application to the Court for an order discontinuing the Business Rescue Proceedings and Placing the Company into Liquidation.
Business Summary
Ellies Holdings Limited is an investment holding company. It is involved in the trading and distribution of a diverse range of products and services, inclusive of satellite television products and related accessories, electrical, signal distribution, residential and commercial light emitting diode (LED) lighting solutions, solar power, uninterrupted power supply, fiber connectivity, sound and audio-visual equipment distribution and installation. Its Trading and Distribution segment, through Ellies Electronics Proprietary Limited (Ellies Electronics), operates branches and trade counters in South Africa, and wholly owned subsidiaries in Namibia, Botswana and Eswatini. It supplies aerial and satellite equipment, accessories and hardware. It specializes in cable and fiber distribution networks and signal, sound and AV turnkey solutions, specifically in the business sector. It is a specialist supplier of electrical and hi-tech electronic goods in the retail sector.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
10/31/20234/30/2023Yes----

Industries
SIC Code Description
3663 Radio and television broadcasting and communications equipment
3651 Household audio and video equipment
3661 Telephone and telegraph apparatus
5064 Electrical appliances, television and radio sets
5065 Electronic parts and equipment, not elsewhere classified
6719 Offices of holding companies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Interim Chairman of the Board Fikile S.Mkhize 41 11/15/2018 6/1/2012
Interim Chairman of the Board ReshoketsweRalebepa 11/15/2018 11/15/2018
Interim Chief Financial Officer ChrisBooyens 60 10/11/2018 10/11/2018
3 additional Officers and Directors records available in full report.

Business Names
Business Name
African Solar Power Proprietary Limited
Botjheng Water Proprietary Limited
ELI
11 additional Business Names available in full report.

General Information
Number of Employees: 1,739 (As of 4/30/2015)
Outstanding Shares: 805,400,305 (As of 10/31/2023)
Shareholders: 5,373
Stock Exchange: JNB
Fax Number: +27 114930630


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Tuesday, April 23, 2024