Change - Announcement of Cessation::Resignation of President of TrickleStar Inc., North America

Issuer & Securities

Issuer/ Manager
TRICKLESTAR LIMITED
Securities
TRICKLESTAR LIMITED - SGXE45760753 - CYW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
05-Apr-2024 18:02:20
Status
New
Announcement Sub Title
Resignation of President of TrickleStar Inc., North America
Announcement Reference
SG240405OTHRS7UC
Submitted By (Co./ Ind. Name)
Gunananthan Nithyanantham
Designation
Executive Director and Chief Operating Officer
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Mr. Shervyn Essex, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Name Of Person
Jon Alan Lanning
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
25/04/2024
Detailed Reason (s) for cessation
Mr Jon Alan Lanning (hereinafter referred to as Mr Lanning), has tendered his resignation as the Company's President of TrickleStar Inc., North America. He is currently serving his notice period, which will conclude on 25 April 2024.

Mr. Lanning has tendered his resignation to pursue other opportunities within the North America Energy Efficiency industry and feels this is the proper time to do so after having worked with the Company for eleven plus years.

After having interviewed Mr Lanning and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that save as disclosed in this announcement, there are no material reasons for the cessation of Mr Lanning.
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
01/01/2023
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)
1
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.)
President of TrickleStar Inc., North America
Role and responsibilities
Oversee overall operations of TrickleStar Inc., North America in leading the team, product assessment, marketing and sales. He also ensures the seamless integration of TrickleStar products into utilities' energy efficiency programs.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Holding 1,186,355 ordinary shares in the Company
Past (for the last 5 years)
Nil
Present
Nil