Change - Announcement of Cessation::Cessation of Non-Executive Director

Issuer & Securities

Issuer/ Manager
GLOBAL INVACOM GROUP LIMITED
Securities
GLOBAL INVACOM GROUP LIMITED - SG2E91982768 - QS9
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
02-Mar-2018 17:15:41
Status
New
Announcement Sub Title
Cessation of Non-Executive Director
Announcement Reference
SG180302OTHRYMOT
Submitted By (Co./ Ind. Name)
Yoo Loo Ping
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Non-Executive Director

Additional Details

Name Of Person
Gregory Knox Jones
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
02/03/2018
Detailed Reason (s) for cessation
To focus and devote more time to his business commitment and as part of Board renewal.
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
24/08/2015
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director
Role and responsibilities
Non-Executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Gregory Knox Jones is a principal of the private equity firm that owns EGCP II Satellite Holdings, LLC ("EGCP") (one of the substantial shareholder of Global Invacom Group Limited), and accordingly deemed to have an interest in the 24,334,179 shares held by EGCP.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Deemed Interest in 24,334,179 ordinary shares of EGCP.
Past (for the last 5 years)
(1) ETL Holdings, Inc. (May 2007 to December 2017)
(2) Satellite Holdings, LLC (December 2008 to December 2017)
Present
(1) American Piping Products, Inc. (December 2008 to present)
(2) Haystax Holdings, LLC (June 2012 to present)
(3) US Logistics Solutions, LLC (October 2013 to present)
(4) Salter Medical Holdings Corporation (October 2010 to present)
(5) Unitech Holdco, Inc. (March 2012 to present)
(6) Implement Holdings, LLC (September 2014 to present)
(7) ISS#2, LLC (March 2010 to present)
(8) Testing Services Holdings, LLC (April 2012 to present)
(9) Sensors Solutions Holdings, LLC (March 2010 to present)
(10) EWCH Acquisition Company (December 2015 to present)