Change - Announcement of Cessation::Cessation of Chairman

Issuer & Securities

Issuer/ Manager
LENDLEASE GLOBAL COMMERCIAL TRUST MANAGEMENT PTE. LTD.
Securities
LENDLEASE GLOBAL COMMERCIAL REIT - SGXC61949712 - JYEU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Jun-2021 07:40:18
Status
New
Announcement Sub Title
Cessation of Chairman
Announcement Reference
SG210601OTHRSLRG
Submitted By (Co./ Ind. Name)
Kevin Cho
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Chairman

Additional Details

Name Of Person
Anthony Peter Lombardo
Age
47
Is effective date of cessation known?
Yes
If yes, please provide the date
01/06/2021
Detailed Reason (s) for cessation
Mr Anthony Peter Lombardo would be appointed the Group Chief Executive Officer with effect from 1 June 2021. With the new appointment, Mr Lombardo would spend more time on initiatives of the Lendlease Group. As such, he will be stepping down as Chairman of LREIT, but will remain as a Non-Independent Non-Executive Director and a Member of the Audit and Risk Committee.

The Board expressed their gratitude and appreciation to Mr Lombardo for his invaluable contributions during his tenure as Chairman of 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
21/01/2019
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chairman and Non-Independent Non-Executive Director and Member of Audit and Risk Committee.
Role and responsibilities
Roles and responsibilities of a non-independent and non-executive director.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
2,000,000 Units
Past (for the last 5 years)
- Lendlease Asian Retail Investment Fund 1 Limited
- Lendlease Asian Retail Investment Fund 2 Limited
- Lendlease Asian Retail Investment Fund 3 Limited
- Lendlease Asian Retail Investment Fund 4 Limited
- Lendlease Asian Retail Investment Fund 5 Limited
- Lendlease China Investment Pte. Ltd.
- Lendlease Finance Limited
- Lendlease Sustainability Solutions Pty Limited
- Milano Holdings JV Ltd
- Roma Holdings JV Ltd
- Verona Holdings JV Ltd
- Lendlease Asia Holdings Pte. Ltd.
- Lendlease Aurum 1 Asset Management Pte. Ltd.
- Lendlease Aurum 1 Property Pte. Ltd.
- Lendlease Aurum 2 Property Pte. Ltd.
- Lendlease Aurum Asset Management Pte. Ltd.
- Lendlease Aurum Property Holdings Pte. Ltd.
- Lendlease Global Commercial (AU) Pte. Ltd.
- Lendlease Global Commercial (SG) Pte. Ltd.
- Lendlease IMT (Armadale) Pty Limited
- Lendlease IMT (GCAT) Pty Limited
- Lendlease IMT (Menai Marketplace) Pty Limited
- Lendlease IMT (Northgate) Pty Limited
- Lendlease IMT (Settlement City) Pty Limited
- Lendlease IMT (Southlands Boulevard) Pty Limited
- Lendlease Investment Management Pte. Ltd.
- Lendlease LQ Residential 1 JR Pte. Ltd.
- Lendlease LQ Residential 1 Pte. Ltd.
- Lendlease LQ Residential 2 JR Pte. Ltd.
- Lendlease LQ Residential 2 Pte. Ltd.
- Lendlease LQ Residential 3 JR Pte. Ltd.
- Lendlease LQ Residential 3 Pte. Ltd.
- Lendlease LQ Retail Pte. Ltd.
- Lendlease Proptech Investments Pte. Ltd.
- Lendlease R&H Holdings JR Pte. Ltd.
- Lendlease R&H Holdings Pte. Ltd.
- Lendlease Senior Living Property Company Pte. Ltd.
- Lendlease TRX Hotel Pte. Ltd.
- LQ Residential 1 Sdn. Bhd.
- LQ Residential 2 Sdn. Bhd.
- LQ Residential 3 Sdn. Bhd.
- LQ Retail Sdn. Bhd.
- Lendlease International Asia Holdings Pty Limited
- Lendlease Sunbird Pty Limited
- Sunbird Wings Pty Limited
- Lendlease Senior Living 1 (Shanghai) Co., Ltd
- Lendlease Senior Living 2 (Shanghai) Co., Ltd
- Lendlease Senior Living Service (Shanghai) Co., Ltd.
- Lendlease Plot 2 Holdings JR Pte. Ltd.
- Lendlease Plot 2 Holdings Pte. Ltd.
- Lendlease Plot 2 Hotel And Retail Pte. Ltd.
- Lendlease Plot 2 Residential Pte. Ltd.
- Lendlease DC Holdings Trustee Pte. Ltd.
- Lendlease Vault Holdings Pte. Ltd.
- LQ Hotel Sdn. Bhd.
- Plot 2 JV Development Sdn. Bhd.
- Plot 2 JV Holdings Sdn. Bhd.
Present
- Lendlease Global Commercial Trust Management Pte. Ltd.
- Lendlease Global Commercial (IT) Pte. Ltd.
- Toridage Pty Ltd