Change - Announcement of Cessation::CESSATION OF CHIEF OPERATING 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
16-Mar-2016 18:01:17
Status
New
Announcement Sub Title
CESSATION OF CHIEF OPERATING OFFICER
Announcement Reference
SG160316OTHRPYJX
Submitted By (Co./ Ind. Name)
Chee Ying LIM
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
CESSATION OF CHIEF OPERATING OFFICER

Additional Details

Name Of Person
William Cronin
Age
53
Is effective date of cessation known?
Yes
If yes, please provide the date
31/03/2016
Detailed Reason (s) for cessation
Mr. Cronin is retiring as Chief Operating Officer and from full time employment. He will, however, remain as a part time consultant to the Group in the role of Vice Chairman, Americas.
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
14/12/2012
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Operating Officer
Role and responsibilities
Primary areas of responsibility include our Energy Segment as well as Regional responsibility for North and South America.
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
2,850,000 share options, 1,465,688 restricted shares and 405,076 ordinary shares in Noble Group Limited
Past (for the last 5 years)
Noble Group of companies
Present
Noble Group of companies