Change - Announcement of Cessation::Cessation of Stuart Maxwell Kenny as managing director and chief executive officer.

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
30-Apr-2015 17:14:01
Status
New
Announcement Sub Title
Cessation of Stuart Maxwell Kenny as managing director and chief executive officer.
Announcement Reference
SG150430OTHRQIG4
Submitted By (Co./ Ind. Name)
Gerard Patrick Hutchinson
Designation
Director
Description (Please provide a detailed description of the event in the box below)
Cessation of Stuart Maxwell Kenny as managing director and chief executive officer.

Additional Details

Name Of Person
Stuart Maxwell Kenny
Age
63
Is effective date of cessation known?
Yes
If yes, please provide the date
30/04/2015
Detailed Reason (s) for cessation
Please refer to media release dated 30 April 2015.
It is to be noted that Stuart remains as chairman of the board and director 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
11/10/2013
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Managing director, chief executive officer and chairman.
Role and responsibilities
Responsible for building success for the group.
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
12,908,896 shares in AusGroup Limited registered in the name of Emerald River Pty Ltd.
Past (for the last 5 years)
Nil
Present
Nil