That's correct, why do you think was it so?
From the relevant announcement on the 28th of November:
"The Company also advises that Peter Hatfull, who has served as the Company’s Managing Director since listing, has stepped down from the role due to personal reasons and will be taking extended personal leave.
We are extremely grateful for Peter’s contribution to the business during his tenure and our collective thoughts are with him during this period. "
(my emphasis)