Change - Announcement of Cessation::CESSATION OF EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER

Issuer & Securities

Issuer/ Manager
APTT MANAGEMENT PTE. LIMITED
Securities
ASIAN PAY TELEVISION TRUST - SG2F77993036 - S7OU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
05-Jul-2024 23:31:40
Status
New
Announcement Sub Title
CESSATION OF EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER
Announcement Reference
SG240705OTHRVF6L
Submitted By (Co./ Ind. Name)
BRIAN MCKINLEY
Designation
CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)
Cessation of Executive Director and Chief Executive Officer, who is also a Member of Nominating Committee.

Additional Details

Name Of Person
Brian McKinley
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
15/07/2024
Detailed Reason (s) for cessation
Mr Brian McKinley is stepping down as Executive Director and Chief Executive Officer of the Trustee-Manager, as part of Management changes and Board renewal. He will cease to be an Executive Director of the Trustee-Manager and a Member of Nominating Committee effective from 15 July 2024. As mutually agreed by Mr McKinley and the Trustee-Manager, Mr McKinley will remain the Chief Executive Officer of the Trustee-Manager until his last day of service on 31 July 2024.
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
13/04/2017
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.)
Executive Director and Chief Executive Officer
Role and responsibilities
Executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
N/A
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
5,000,000 units of Asian Pay Television Trust
Past (for the last 5 years)
APTT Holdings 1 Limited
APTT Holdings 2 Limited
Cable TV S.A.
TBC Holdings B.V.
Present
McKinley Consulting Pte. Ltd.