Holista Colltech Limited announced changes to the Board. Mr. Walter Joseph has retired as Non-Executive Director. Dr. Rajen Manicka is stepping down as Chairman and will remain on the Board.

Mr. David Deloub has been appointed as Non-Executive Chairman. Mr. Deloub has over 30 years' experience in the finance and corporate sectors and has a Bachelor degree in economics with honors and post graduate qualifications in Banking and Finance. David has held a number of executive positions including Chief Financial Officer at the ASX listed Neptune Marine Services and Executive Director at Patersons Capital Partners, a Perth based boutique advisory firm providing strategic and financial advice to ASX listed companies.

David has considerable corporate finance, business development and financial market experience both in Australia the United States and Africa where he has held senior management positions at Alinta Energy Limited, Neptune Marine Services and Alcoa Inc. in the US. David currently holds executive Board positions on the ASX listed Stonehorse Energy Limited and Avira Resources Limited. He has previously held a number of non-executive board positions including; Neptune Marine Services Limited, Merah Resources and Minquest Limited.