Allegra Orthopaedics Limited announced that the Company's Chief Executive Officer and Chief Financial Officer, Tom Milicevic, has tendered his resignation that has been agreed will become effective on October 9, 2015. Allegra Orthopaedics proposes to undertake a management restructure that reflects the size of its business and it is envisaged that this change will be effected over the next six months. In the meantime, the Chief Executive Officer's role will be subsumed under the role of Managing Director with Peter Welsh remaining in the expanded role.