Change - Announcement of Appointment::Appointment of Igor Vatenmacher as Chief Financial Officer

Issuer & Securities

Issuer/ Manager
THE TRENDLINES GROUP LTD.
Securities
THE TRENDLINES GROUP LTD. - IL0011328858 - 42T
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
08-Apr-2025 18:21:05
Status
New
Announcement Sub Title
Appointment of Igor Vatenmacher as Chief Financial Officer
Announcement Reference
SG250408OTHR0L2N
Submitted By (Co./ Ind. Name)
Sahar Farah
Designation
Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Mr. Shervyn Essex, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Date Of Appointment
04/05/2025
Name Of Person
Igor Vatenmacher
Age
41
Country Of Principal Residence
Israel
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
In light of Igor Vatenmacher's ("Igor") experience in financial leadership, corporate strategy, and regulatory compliance, the Board of Directors, following the recommendation of the Nominating Committee, has appointed him as Chief Financial Officer ("CFO").
Igor brings a wealth of expertise as a financial executive in publicly traded companies, demonstrating a strong track record in driving financial strategy and business growth. Most recently, he served as Executive Director and CFO at t42 IoT Tracking Solutions PLC, a company listed on the AIM market of the London Stock Exchange, where he led financial operations, investor relations, M&A activities, and regulatory compliance.
His previous roles at Avgol Ltd. and Ceragon Networks further solidified his expertise in managing global financial operations, debt structuring, risk management, and internal controls. Igor's career began at Ernst & Young, where he specialized in risk advisory and SOX auditing.
Holding an Executive MBA with honors in finance and being a Certified Public Accountant in Israel, Igor's qualifications and leadership experience make him a strong choice to support the company's financial strategy and future growth.
Whether appointment is executive, and if so, the area of responsibility
Yes.
Mr. Vatenmacher will report to the Chief Executive Officer. He will have oversight responsibility for the overall financial management and accounting functions of the Company, and will oversee the financial strategies, financial planning, financial reporting, and taxation matters of the Company.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Professional qualifications
Bachelor of Arts in Economics (specializing in accounting), Ben-Gurion University of the Negev.
Certified Public Accountant in Israel.
Executive Masters in Business Administration with honors (specializing in financing, banking, the capital market and financial engineering), the Hebrew University in Jerusalem.
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries
No
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
2014-2017 Financial Executive, Avgol Ltd.
2017-2025 Executive Director and Chief Financial Officer, t42 IoT Tracking Solutions PLC
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
Yes
Shareholding interest in the listed issuer and its subsidiaries?
No
# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).
Past (for the last 5 years)
2017-2025 Executive Director and Chief Financial Officer, t42 IoT Tracking Solutions PLC
Present
Director - t42 IoT Tracking Solutions PLC
(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?
No
(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?
No
(c) Whether there is any unsatisfied judgment against him?
No
(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?
No
(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?
No
(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?
No
(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?
No
(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?
No
(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?
No
(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :-
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or
No
(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or
No
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or
No
(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?
No
(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?
No
Any prior experience as a director of an issuer listed on the Exchange?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange
N/A
Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable)
N/A