Change - Announcement of Cessation::Retirement of Damien Marian O'Reilly as an independent director

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
29-Oct-2015 18:24:03
Status
New
Announcement Sub Title
Retirement of Damien Marian O'Reilly as an independent director
Announcement Reference
SG151029OTHRA3V3
Submitted By (Co./ Ind. Name)
Gerard Patrick Hutchinson
Designation
Managing Director
Effective Date and Time of the event
29/10/2015 00:00:00
Description (Please provide a detailed description of the event in the box below)
Retirement of Damien Marian O'Reilly as an independent director.

Additional Details

Name Of Person
Damien Marian O'Reilly
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
29/10/2015
Detailed Reason (s) for cessation
Mr Damien Marian O'Reilly who did not seek re-election as a director of the Company at the annual general meeting held on 29 October 2015, ceased to be a director, a member of the remuneration and human capital committee and a member and the chairman of the health, safety and sustainability committee.
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
02/06/2011
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)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent director
Chair of health, safety and sustainability committee
Member of remuneration and human capital committee
Role and responsibilities
Independent director
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
100,000 options in respect of shares in the Company
Past (for the last 5 years)
Vector Resources Limited
Crimson Ant Resource Fund, Hong Kong and Australia
Present
Orionstone Limited