Simavita Limited announced the decision of the company's Chairman, Mr. Peter Cook, to resign as a Director of Simavita, with immediate effect. Mr. Cook was appointed as a Director of the company on November 20, 2013 at the time of the acquisition of the Simavita business. He was subsequently appointed as the Company's Chairman on January 31, 2014.

The board will be seeking to appoint a suitable replacement to fill the vacancy created by Mr. Cook's departure as part of a process of recruitment of additional non-executive directors to the board. Until such time as this appointment/s has been made, Mr. Ari Bergman has agreed to act as acting Chairman of the board.