Change - Announcement of Cessation::Retirement of Barry Alfred Carson as a non-independent non-executive director

Issuer & Securities

Issuer/ Manager
AUSGROUP LIMITED
Securities
AUSGROUP LIMITED - SG1R38924838 - 5GJ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Oct-2015 18:22:53
Status
New
Announcement Sub Title
Retirement of Barry Alfred Carson as a non-independent non-executive director
Announcement Reference
SG151029OTHROWIZ
Submitted By (Co./ Ind. Name)
Gerard Patrick Hutchinson
Designation
Managing Director
Effective Date and Time of the event
29/10/2015 00:00:00
Description (Please provide a detailed description of the event in the box below)
Retirement of Barry Alfred Carson as a non-independent non-executive director.

Additional Details

Name Of Person
Barry Alfred Carson
Age
70
Is effective date of cessation known?
Yes
If yes, please provide the date
29/10/2015
Detailed Reason (s) for cessation
Mr Barry Alfred Carson who did not seek re-appointment as a director of the Company at the annual general meeting held on 29 October 2015, ceased to be director, a member and the chairman of the remuneration and human capital committee and a member of the nominating committee.
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
13/12/2004
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
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-independent non-executive director
Chairman of remuneration & human capital committee
Member of nominating committee
Role and responsibilities
Non-independent non-executive
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
20,651,518 shares in the Company
200,000 options in respect of shares in the Company
Past (for the last 5 years)
All are included in Present
Present
Australasian Insulation Supplies Pty Ltd
Society Systems (W.A.) Pty Ltd
AIS Properties Pty Ltd
Asteria Pty Ltd
Cavity Insulation Agency (Aust) Pty Ltd