Change - Announcement of Cessation::Cessation of Shane Francis Kimpton as Managing Director

Issuer & Securities

Issuer/ Manager
AUSGROUP LIMITED
Securities
AUSGROUP LIMITED - SG1R38924838 - 5GJ
AUSGROUP S$110M 5% N221203 - SG6TF6000008 - 18WB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
04-Nov-2022 17:52:35
Status
New
Announcement Sub Title
Cessation of Shane Francis Kimpton as Managing Director
Announcement Reference
SG221104OTHR6GM3
Submitted By (Co./ Ind. Name)
Chester Leong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Shane Francis Kimpton as Managing Director

Additional Details

Name Of Person
SHANE FRANCIS KIMPTON
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
04/11/2022
Detailed Reason (s) for cessation
Mr Shane Francis Kimpton will resign as Managing Director of the Company but remain as Chief Executive Officer (CEO) of the Company so as to focus on operational matters and issues of the Group and the Company.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
15/05/2019
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Managing Director and CEO
Role and responsibilities
Mr Shane Francis Kimpton leads the executive management team of the Group. In his capacity as CEO of the Company, he will focus on operational matters and issues of the Group and the Company.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
25,000,000
Past (for the last 5 years)
None
Present
- AusGroup Companies Pty Ltd
- AGC Industries Pty Ltd
- MAS Australia Pty Ltd
- Seagate Structural Engineering Pty Ltd
- Resource People Pty Ltd
- Specialist People Pty Ltd
- AusGroup People Pty Ltd
- REC Maintenance & Construction Pty Ltd
- AusGroup Corporation Co Ltd - Thailand