Investor Relations


Change - Announcement Of Resignation Of A Non-Independent Non-Executive Director - Mr Michael Damian Wilde

BackSep 15, 2021
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Sep 15, 2021 7:52
Status New
Announcement Reference SG210915OTHRU148
Submitted By (Co./ Ind. Name) Simon Garing
Designation Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below) Resignation of Mr Michael Damian Wilde as a Non-Independent Non-Executive Director of the Company.
Additional Details
Name Of Person Michael Damian Wilde
Age 52
Is effective date of cessation known? Yes
If yes, please provide the date 15/09/2021
Detailed Reason (s) for cessation Mr Michael Wilde, as the acting Chief Executive Officer of Cromwell Property Group ("Sponsor"), will resume his role as Chief Financial Officer of the Sponsor with effect from 5 October 2021, following the appointment of the new Chief Executive Officer of the Sponsor, as stated in the Sponsor's announcement dated 26 July 2021.
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 25/02/2021
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 2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Non-Independent Non-Executive Director
Role and responsibilities As a Non-Independent Non-Executive Director of Cromwell EREIT Management Pte. Ltd., the Manager of Cromwell European Real Estate Investment Trust
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries Nil.
However, Mr Michael Wilde is the acting Chief Executive Officer of Cromwell Property Group (Cromwell Property Group comprises Cromwell Corporation Limited and the Cromwell Diversified Property Trust, the responsible entity of which is Cromwell Property Securities Limited), which is a substantial unitholder of Cromwell European Real Estate Investment Trust
Shareholding interest in the listed issuer and its subsidiaries? No
Past (for the last 5 years) Nil
Present - Cromwell Singapore Holdings Pte. Ltd.
- Cromwell Property Group
- CDPT Finance Pty Ltd
- CDPT Finance No 2 Pty Ltd
- Cromwell BT Pty Ltd
- Cromwell Aged Care Holdings Pty Ltd
- Cromwell Capital Pty Ltd
- Cromwell Finance Pty Ltd
- Cromwell Holdings No 1 Pty Ltd
- Cromwell Holdings No 2 Pty Ltd
- Cromwell Infrastructure Pty Ltd
- Cromwell Operations Pty Ltd
- Cromwell Project & Technical Solutions Pty Ltd
- Cromwell Real Estate Partners Pty Ltd
- Cromwell SPV Finance Pty Ltd
- Cromwell VAC Finance Pty Ltd
- Marcoola Developments Pty Ltd
- Valad Australia Pty Ltd
- Votraint No. 662 Pty Limited