Thorn Group Limited provided the following update As disclosed to the market on 12 August 2019, Tim Luce, the Company's Chief Executive Officer and Managing Director, will be leaving the Company on 12 February 2020 to pursue other interests. Mr. Luce will be resigning as a Director of the Company, effective close of business 12 February 2020. As announced to the market on 28 October 2019, Peter Lirantzis has now commenced as Chief Executive Officer.