Change - Announcement of Cessation::CESSATION OF CHIEF INVESTMENT OFFICER

Issuer & Securities

Issuer/ Manager
METIS ENERGY LIMITED
Securities
METIS ENERGY LIMITED - SG1I14879601 - L02
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
06-Nov-2023 07:33:00
Status
New
Announcement Sub Title
CESSATION OF CHIEF INVESTMENT OFFICER
Announcement Reference
SG231106OTHRQA56
Submitted By (Co./ Ind. Name)
MADELYN KWANG
Designation
COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below)
CESSATION OF CHIEF INVESTMENT OFFICER

Additional Details

Name Of Person
Sivaramakrishnan Sreedharan
Age
37
Is effective date of cessation known?
Yes
If yes, please provide the date
02/02/2024
Detailed Reason (s) for cessation
Sivaramakrishnan Sreedharan has voluntarily resigned from his roles following completion of his Sign On Bonus and Employment Retention periods which ended on 31 October 2023 as part of the terms of his employment contract.
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
28/10/2021
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
6
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Investment Officer
Role and responsibilities
Oversees the overall investment and fundraising activities of the Group, including evaluate, structure and negotiate good quality investment opportunities.
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
10,851,410 shares in Metis Energy Limited
Other Directorships
Past (for the last 5 years)
Sterna SG Pte Ltd (struck off)
Solar Quest Investments Pte Ltd (Struck off)
Present
Athena Energy Australia (Holdings) Pty Ltd
Kusen Hakkai Pte Ltd
Manas Robotics Pte Ltd
Metis Solar (Indonesia) Pte. Ltd
Metis Australia Investment Pte. Ltd.
Moto Robotics Pte Ltd
Oceania Robotics (S) Pte Ltd
Sandnergy Pte Ltd
Saciva Advisory Pte Ltd
Wefaa Robotics Pte Ltd