Change - Announcement of Cessation::Resignation of Non-Executive Non-Independent Director

Issuer & Securities

Issuer/ Manager
NANOFILM TECHNOLOGIES INTERNATIONAL LIMITED
Securities
NANOFILM TECHNOLOGIES INTL LTD - SGXE61652363 - MZH
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Feb-2022 18:26:12
Status
New
Announcement Sub Title
Resignation of Non-Executive Non-Independent Director
Announcement Reference
SG220225OTHR1C7E
Submitted By (Co./ Ind. Name)
Lim Kian Onn
Designation
Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr James Rowan as Non-Executive Non Independent Director of Nanofilm Technologies International Limited ("Company") and member of the Remuneration Committee.

Credit Suisse (Singapore) Limited and Oversea-Chinese Bank Corporation Limited are the Joint Issue Managers for the initial public offering of shares in, and listing of, the Company on the Mainboard of the SGX-ST on 30 October 2020 ("Offering"). Citigroup Global Markets Singapore Pte. Ltd., Credit Suisse (Singapore) Limited and Oversea-Chinese Banking Corporation Limited are the Joint Global Coordinators for the Offering. Citigroup Global Markets Singapore Pte. Ltd., CLSA Singapore Pte Ltd, Credit Suisse (Singapore) Limited and Oversea-Chinese Banking Corporation Limited are the Joint Bookrunners and Underwriters for the Offering.

Additional Details

Name Of Person
James Rowan
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
01/03/2022
Detailed Reason (s) for cessation
Mr James Rowan has resigned as Director of the Company after taking into consideration his principal commitments, including his impending full time role as chief executive officer of the Volvo Car Group with effect from March 2022, which may affect his ability to devote sufficient time to properly discharge his duties to the Board 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
09/10/2020
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)
4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Non-Independent Director
Remuneration Committee Member
Role and responsibilities
Non-executive
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?
No
Past (for the last 5 years)
Sydrogen Energy Pte. Ltd.
Motech Pte. Ltd.
Dyson Holdings Pte. Ltd.
Dyson Home Technologies Pte. Ltd.
Dyson Technology Holding Pte. Ltd.
Dyson Manufacturing Holding Pte. Ltd.
Dyson Technology Pte. Ltd.
Dyson Operations Pte. Ltd.
Dyson Singapore Pte. Limited
Dyson Asia Holdings Pte. Ltd.
Dyson Electronics Pte. Ltd.
Dyson Manufacturing Pte. Ltd.
Weybourne Holdings Pte. Ltd.
Weybourne Services Singapore Pte. Ltd.
Dyson Appliances (Aust.) Pty Limited
Dyson B2B, Inc
Dyson B2B Technical Services Inc
Dyson Canada Limited
Dyson Direct, Inc
Dyson Hong Kong Limited
Dyson K.K.
Dyson Manufacturing Sdn. Bhd.
Dyson New Zealand Limited
Dyson Technical Services, Inc.
Dyson Technology Inc
Dyson, Inc.
Sakti3, Inc.
Dyson SAS
Dyson Research and Development (Shanghai) Limited
Dyson Technology (Beijing) Ltd
Dyson Technology (Shanghai) Limited
Present
Momentum Technologies Pte Ltd
PCH International Limited