Change - Announcement of Cessation::Announcement of cessation of Director - Duane Carl Radtke

Issuer & Securities

Issuer/ Manager
KRISENERGY LTD.
Securities
KRISENERGY LTD. - KYG532261099 - SK3
KRISENERGY S$200M2%N230822 - SG77J3000002 - 66WB
KRISENERGYS$130M2%220609 - SG77J4000001 - 66XB
KRISENERGY S$139.464MZ240131 - SG31B6000003 - CDVZ
KRISENERGY LTD. W240131 - KYG532261255 - CDXW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Sep-2019 12:28:30
Status
New
Announcement Sub Title
Announcement of cessation of Director - Duane Carl Radtke
Announcement Reference
SG190930OTHRNACB
Submitted By (Co./ Ind. Name)
Sally Ting
Designation
General Counsel
Effective Date and Time of the event
30/09/2019 17:00:00
Description (Please provide a detailed description of the event in the box below)
Announcement of cessation of Director - Duane Carl Radtke

Additional Details

Name Of Person
Duane Carl Radtke
Age
71
Is effective date of cessation known?
Yes
If yes, please provide the date
30/09/2019
Detailed Reason (s) for cessation
Due to expanded work load in the United States and some personal health matters
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
01/09/2010
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)
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.)
Non-Executive Independent Director, Remuneration Committee Chairman, Nominating Committee Member
Role and responsibilities
Non-Executive Independent Director, Remuneration Committee Chairman, Nominating Committee Member
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
Deemed interest in 2,000,000 ordinary shares in KrisEnergy Ltd. held by Radtke Investments L.P. (RILP). (Duane Radtke and his wife are the general partners of RILP and each is able to make investments decisions for RILP. RILP is owned by Duane Radtke (4%) and his wife (4%) and their two sons (46% each)).
Past (for the last 5 years)
Sabine Oil & Gas Corporation
Present
Devon Energy Corporation