Change - Announcement Of Cessation Of Chief Operating Officer

Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Sep 4, 2020 23:37
Status New
Announcement Sub Title Cessation of Chief Operating Officer
Announcement Reference SG200904OTHR8JMF
Submitted By (Co./ Ind. Name) Vincent Siaw
Designation Executive Vice President & COO
Description (Please provide a detailed description of the event in the box below) Please refer to the information disclosed below.
Additional Details
Name Of Person Mr. Mark Leonard Midgley
Age 54
Is effective date of cessation known? Yes
If yes, please provide the date 30/10/2020
Detailed Reason (s) for cessation To pursue personal and other professional interests.
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 06/02/2018
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 3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Chief Operating Officer
Role and responsibilities In his most recent role, he was responsible for managing and overseeing the subsea services business of the Company in South East Asia and the North Sea.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries None.
Shareholding interest in the listed issuer and its subsidiaries? No
Past (for the last 5 years) None disclosed to the Company.
Present Mermaid Subsea Services (Thailand) Ltd.
Mermaid Subsea Services (International) Ltd.
Mermaid Subsea Services Saudi Arabia Co., Ltd.
Mermaid Subsea Services LLC
Mermaid International Ventures
Mermaid Offshore Services Pte. Ltd.
Seascape Surveys Pte. Ltd.

(Prior to or upon his cessation, Mr. Midgley shall also no longer serve as director of the above Mermaid entities).