Change - Announcement of Appointment::Announcement of Appointment of Non-Executive Director (Mr Efstathios Topouzoglou)

Issuer & Securities

Issuer/ Manager
FSL TRUST MANAGEMENT PTE. LTD.
Securities
FIRST SHIP LEASE TRUST - SG1U66934613 - D8DU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-Mar-2018 00:09:13
Status
New
Announcement Sub Title
Announcement of Appointment of Non-Executive Director (Mr Efstathios Topouzoglou)
Announcement Reference
SG180301OTHR4F58
Submitted By (Co./ Ind. Name)
Timothy James Reid
Designation
Non-Independent Non-Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Announcement of Appointment of Non-Executive Director (Mr Efstathios Topouzoglou)

Additional Details

Date Of Appointment
28/02/2018
Name Of Person
Efstathios Topouzoglou
Age
61
Country Of Principal Residence
Greece
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board of Directors and the Nominating Committee of the Trustee-Manager has reviewed the qualifications and experience of Mr Efstathios Topouzoglou and has approved his appointment as a non-executive Director.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Conflict of interests (including any competing business)
Mr Efstathios Topouzoglou is the chairman and CEO of the Prime Group, a leading international ship-owning and management group, headquartered in Athens.
Working experience and occupation(s) during the past 10 years
Chairman and CEO of the Prime Group.
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
Yes
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Under Section 4 of the Securities and Futures Act ("SFA"), Mr Topouzoglou is deemed interested in 24.77% of the Units in First Ship Lease Trust and 100% of the Shares in FSL Trust Management Pte. Ltd.
# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).
Past (for the last 5 years)
PRIME GREEN CHARTOFYLAKIOU SOCIETE ANONYME (resigned on 26 June 2017).
PRIME ENERGY S.A.: resigned as Managing Director since 31/12/2017
PRIME GREEN SA: resigned as President & Managing Director since 26/06/2017
SOLARISE SA: resigned as President & Managing Director since 31/12/2017
EXEL GROUP SA: resigned as Director since 26/10/2013
AQUA YACHT NEPA: resigned as President & legal representative since 31/07/2014
ENERGEAN DRILLING SA: resigned as Vice President since 31/12/2015
Present
Please see attached.
(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?
No
(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?
No
(c) Whether there is any unsatisfied judgment against him?
No
(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?
No
(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?
No
(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?
No
(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?
No
(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?
No
(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?
No
(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :-
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or
No
(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or
No
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or
No
(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?
No
(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?
No
Any prior experience as a director of a listed company?
No
If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company
The Trustee-Manager will be making arrangements for Mr Topouzoglou to be briefed on the roles and responsibilities of a director of a listed issuer on the SGX-ST.

Attachments