Change - Announcement of Cessation::Cessation as Director and Chief Executive Officer

Issuer & Securities

Issuer/ Manager
GL LIMITED
Securities
GL LIMITED - BMG392401094 - B16
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Jul-2016 17:07:43
Status
New
Announcement Sub Title
Cessation as Director and Chief Executive Officer
Announcement Reference
SG160701OTHRFACU
Submitted By (Co./ Ind. Name)
SUSAN LIM
Designation
GROUP COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below)
Cessation as Director and Chief Executive Officer

Additional Details

Name Of Person
Michael Bernard DeNoma
Age
60
Is effective date of cessation known?
Yes
If yes, please provide the date
01/07/2016
Detailed Reason (s) for cessation
Mr DeNoma wants to move on to his next challenge.
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
18/10/2014
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Director and Chief Executive Officer
Role and responsibilities
Mr DeNoma was the Chief Executive Officer and a Director of the Company, and the Chief Executive Officer of GLH Hotels Management (UK) Limited ("GLH Hotels"), a subsidiary of the Company.
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
200,000 ordinary shares in GL Limited and Option to purchase 25,000,000 ordinary shares in GL LImited
Past (for the last 5 years)
Please see attached.
Present
Please see attached.

Attachments

MDeNoma_List_of_Directorships_010716_FINAL.pdf
Total size =7K