Change - Announcement of Cessation::Retirement of Executive Director

Issuer & Securities

Issuer/ Manager
GLOBAL INVACOM GROUP LIMITED
Securities
GLOBAL INVACOM GROUP LIMITED - SG2E91982768 - QS9

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Apr-2014 18:51:03
Status
New
Announcement Sub Title
Retirement of Executive Director
Announcement Reference
SG140430OTHRQEBA
Submitted By (Co./ Ind. Name)
Anthony Brian Taylor
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Retirement of Executive Director

Note:

DMG & Partners Securities Pte Ltd ("DMG") was the financial adviser to Global Invacom Group Limited in relation to the acquisition of Global Invacom Holdings Limited. DMG assumes no responsibility for the contents of this announcement.

Additional Details

Name Of Person
Gary Patrick Stafford
Age
53
Is effective date of cessation known?
Yes
If yes, please provide the date
30/04/2014
Detailed Reason (s) for cessation
Retirement
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
18/08/2010
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.)
Board Member
Role and responsibilities
Executive Director
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
As at 30 April 2014, Mr Stafford holds 11,139,702 shares of the Company.
Past (for the last 5 years)
(1) Invacom Limited (2) Invacom Systems Limited (3) Invacom Holdings Limited
Present
(1) Global Invacom Holdings Limited (2) Global Invacom Limited (3) Fibre TV to Home Limited