Change - Announcement of Cessation::ANNOUNCEMENT OF CESSATION OF EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER

Issuer & Securities

Issuer/ Manager
NOBLE GROUP LIMITED
Securities
NOBLE GROUP LIMITED - BMG6542T1190 - N21
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-May-2016 08:00:22
Status
New
Announcement Sub Title
ANNOUNCEMENT OF CESSATION OF EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER
Announcement Reference
SG160530OTHRC8P1
Submitted By (Co./ Ind. Name)
Chee Ying LIM
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
ANNOUNCEMENT OF CESSATION OF EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER

Additional Details

Name Of Person
Yusuf Alireza
Age
45
Is effective date of cessation known?
Yes
If yes, please provide the date
30/05/2016
Detailed Reason (s) for cessation
Mr. Alireza has resigned as Executive Director and Chief Executive Officer for family reasons.
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
16/04/2012
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Chief Executive Officer
Role and responsibilities
Day to day management oversight of the Group and strategy implementation
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
Mr. Alireza has an aggregate interest in 27,135,929 ordinary shares comprising (a) a direct interest in 14,198,538 ordinary shares; and (b) a deemed interest in 12,937,391 ordinary shares comprising (i) 7,250,000 ordinary shares held by RBC Trustees (CI) Limited as Trustee for Mr. Alireza's pension trust, the beneficiaries of which include Mr. Alireza, his relatives and dependants; and (ii) 5,687,391 ordinary shares held by a trust for the benefit of Mr. Alireza.
Past (for the last 5 years)
Noble Group of companies
Room to Read
Present
Noble Group of companies
Room to Read