Change - Announcement of Cessation::Retirement of Non-Executive Board Chairman

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
13-Feb-2019 18:31:04
Status
New
Announcement Sub Title
Retirement of Non-Executive Board Chairman
Announcement Reference
SG190213OTHRDNN2
Submitted By (Co./ Ind. Name)
Christian Johnstone
Designation
Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Stuart Maxwell Kenny as Non-Executive Board Chairman of the Company.

Additional Details

Name Of Person
Stuart Maxwell Kenny
Age
67
Is effective date of cessation known?
Yes
If yes, please provide the date
13/02/2019
Detailed Reason (s) for cessation
Retirement.
At the request of the Board and as a gesture of goodwill, Mr Kenny has agreed to remain in a non-executive advisory role to the Board.
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Board Chairman
Member of the Remuneration and Human Capital Committee
Member of the Nominating Committee
Role and responsibilities
Non-Executive Board Chairman
Member of the Remuneration and Human Capital Committee
Member of the Nominating Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Deemed Interest: 8,908,896 ordinary shares in the Company
Past (for the last 5 years)
KBH Vending Pty Ltd
Box Corporation Pty Ltd
Box Vending Pty Ltd
KBH Coastal Storage Pty Ltd
Present
AGC Australia Pty Ltd
AusGroup Corporation Co Ltd
AGC Industries Pty Ltd
MAS Australasia Pty Ltd
Seagate Structural Engineering Pty Ltd
Resource People Pty Ltd
Specialist People Pty Ltd
KBH Group Aust Pty Ltd
KBH Funds Management Pty Ltd
KBH Balcatta Pty Ltd
KBH O'Connor Pty Ltd
KBH Welshpool FM Pty Ltd
KBH Welshpool Pty Ltd
KBH Welshpool Property Trust
West Coast Marinas Pty Ltd
Emerald River Pty Ltd
Trademark Ventures Pty Ltd
Brookelee Pty Ltd