ESR-REIT

07/29/2024 | Press release | Distributed by Public on 07/29/2024 08:05

Change Announcement Of Cessation :: Announcement Of Resignation Of Non Executive Director

News

Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Jul 29, 2024 21:57
Status New
Announcement Sub Title Announcement of Resignation of Non-Executive Director
Announcement Reference SG240729OTHRU9HY
Submitted By (Co./ Ind. Name) Adrian Chui
Designation CEO & Executive Director
Description (Please provide a detailed description of the event in the box below) Resignation of Mr Trent Alexander Iliffe as Non-Executive Director of ESR-LOGOS Funds Management (S) Limited.
Additional Details
Name Of Person Trent Alexander Iliffe
Age 57
Is effective date of cessation known? Yes
If yes, please provide the date 29/07/2024
Detailed Reason (s) for cessation Following the acquisition of ESR Group's remaining interest in LOGOS Property Group Limited ("LOGOS"), Mr Iliffe, LOGOS' Co-Founder and Co-CEO, has decided to leave ESR Group and his role as a non-executive director of the Manager of ESR-LOGOS REIT to pursue new endeavours outside of the Group.
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 01/07/2022
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) 5
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months 2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Non-Executive Director
Role and responsibilities Board member
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries Mr Iliffe will remain as a consultant of ESR Group for a period of 6 months.
Shareholding interest in the listed issuer and its subsidiaries? Yes
Shareholding Details 1,586,746 ESR-LOGOS REIT Units equivalent to 0.021% of unitholding in ESR-LOGOS REIT
Past (for the last 5 years) LOGOS Property Group Limited (and various subsidiaries of this entity)
Present LOGOS Property Group Limited (and various subsidiaries of this entity)