Change - Announcement of Cessation::ANNOUNCEMENT OF CESSATION - EXECUTIVE DIRECTOR CUM CHIEF EXECUTIVE OFFICER

Issuer & Securities

Issuer/ Manager
LINDETEVES-JACOBERG LIMITED
Securities
LINDETEVES-JACOBERG LTD - SG1D14016522 - L15
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
26-Feb-2015 18:47:30
Status
New
Announcement Sub Title
ANNOUNCEMENT OF CESSATION - EXECUTIVE DIRECTOR CUM CHIEF EXECUTIVE OFFICER
Announcement Reference
SG150226OTHREQ6Z
Submitted By (Co./ Ind. Name)
WOLFGANG KLOSER
Designation
EXECUTIVE DIRECTOR & CEO
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Wolfgang Kloser as the Executive Director cum Chief Executive Officer.

Additional Details

Name Of Person
Wolfgang Kloser
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
28/02/2015
Detailed Reason (s) for cessation
His resignation was initiated by the major shareholder, so as to enable him to pursue new responsibilities in the production of low voltage motors in ATB group. He will stay on in an advisory role in the Company for another two months up till April 2015.
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
17/01/2011
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)
1
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.)
Executive Director cum Chief Executive Officer and a member of the Nominating Committee.
Role and responsibilities
Mr Kloser plays a crucial role in steering the Group and stabilizing its businesses. He is responsible for the Group's overall performance.
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?
No
Past (for the last 5 years)
1. OIV Verpackungs Holding BV
2. Anura Handels - Und Beteilingungs GmbH, Vienna
3. ATB Tamel S.A.
4. ATB Spielberg GmbH.
Present
1. Anura Handels - Und Beteilingungs GmbH, Vienna
2. ATB Tamel S.A.
3. ATB Spielberg GmbH