ADMIN – Accordant

Retirement of Director

Ross Keenan — Mon, 18 Jun 2018 01:30:47 +0000

AWF Madison advises that long-serving Director, Mr Ted Van Arkel, has confirmed his intention to retire from the Board with effect from the Group’s AGM, to be held at the Northern Club, on Wednesday 25th July 2018.
For the Board, Chairman Ross Keenan noted that Mr Van Arkel was a founding Director in the build-up and listing of AWF. He said that Ted’s attention to detail and focus on clarity of business purpose had ensured that his contribution was at all times valued by his fellow Directors.
Ted said that after having been on the AWF Board for the past 14 years –“…. it is time for a new face to join the Board..”; and he is looking forward to having some spare time in the future.
The Board has invited Mr Van Arkel to comment on his AWF Madison journey at the forthcoming AGM.
For the Board,
Ross B Keenan
Chairman
For further information contact:
Ross Keenan 021 685 655

AWF Madison announces changes to senior management team

Simon Bennett — Tue, 12 Jun 2018 04:15:32 +0000

Simon Bennett announces changes to his senior management team, as follows:

Steve Jackson, previously the COO of Madison Recruitment Limited, has been appointed General Manager Commercial. Steve will be focussing his attention on Group-wide projects, amongst which is the further development of innovative solutions such as Managed Service; and the refinement of existing operational systems and processes to meet the needs of clients and candidates;
Christian Brown, previously Chief Sales Officer, has been appointed General Manager Madison. He has a strong pedigree in white collar recruitment and leadership, with experience in the NZ and UK markets. He brings a fresh approach to drive our existing business enabling our growth; and
Tony Staub, who has been responsible for the Finance function of the Group, on a contract basis since the departure of Nick Williams last year, will permanently assume the role of Commercial Director, where his focus will remain on the Finance function.

The above appointments report to the CEO, AWF Madison Group Limited, and take immediate effect.
Contact: CEO – Simon Bennett +64 21 0368 387
Chairman – Ross Keenan +64 21 685 655

Directors Nominations

Shereen Low — Thu, 24 May 2018 23:00:04 +0000

DIRECTOR NOMINATIONS (Listing Rule 3.3.5)
AWF Madison Group Limited advises that the closing date for nomination of directors, to be considered for appointment at the Company’s Annual Shareholder Meeting to be held on Wednesday 25th July 2018, is 11th June 2018.
Nominations may only be made by a shareholder entitled to attend and vote at the Annual Meeting and should be addressed to:
The Company Secretary
AWF Madison Group Limited
PO Box 12 832
Penrose
Auckland 1642
Contact:
David Lazarus
Company Secretary
Phone: 09 526 8775

Notification of Acquisition and Redemption of Securities

Shereen Low — Fri, 26 Jan 2018 01:00:12 +0000

Pursuant to Listing Rule 7.12.1, AWF Madison Group Limited (NZX:AWF) advises that the following securities issued by AWF under the AWF Group Restricted Share Scheme (“Scheme”) have been redeemed.
(a) Class of security: Restricted A Shares. ISIN not applicable as securities not quoted.
(b) Number redeemed: 146,000 Restricted C Shares.
(c) Redemption price: $2.57 per share.
(d) Payment terms: Cash.
(e) Amount paid up: Fully paid.
(f) Principal terms of the securities: The Restricted C Shares are restricted and are unable to be traded until reclassified as ordinary shares on the relevant “Qualification Date” (subject to the holder remaining employed with AWF and the repayment of any loans made by AWF to the holder in respect of the shares). Restricted C Shares rank pari passu with existing ordinary shares in respect of rights to dividends and other distributions and voting rights.
(g) Percentage of total class redeemed: 100% Restricted C Shares.
(h) Reason for redemption: The 146,000 Restricted C Shares having qualified for reclassification as ordinary shares, the holders elected not to repay the company loans by 1 January 2018 and therefore those shares will not be re-classified. Accordingly, the Restricted C Shares are being redeemed by AWF under the rules of the Scheme and cancelled.
(i) Authority for redemption: Directors’ resolution dated 26 January 2018.
(j) Terms of redemption: The aggregate redemption price is to be applied by AWF in full repayment of the loan made by AWF to the holder in respect of the Restricted C Shares.
(k) Total number of securities of the class in existence after redemption: Nil Restricted C Shares.
(l) Shares to be held as treasury stock: No.
(m) Date of redemption: 26 January 2018.
Contact: David Lazarus, Company Secretary on +64 9 526 8775.

Notification of Acquisition and Redemption of Securities

Shereen Low — Wed, 21 Jun 2017 02:30:39 +0000

Pursuant to Listing Rule 7.12.1, AWF Group Limited (NZX:AWF) advises that the following securities issued by AWF under the AWF Group Restricted Share Scheme (“Scheme”) have been redeemed.
(a) Class of security: Restricted A Shares. ISIN not applicable as securities not quoted.
(b) Number redeemed: 18,000 Restricted A Shares.
(c) Redemption price: $2.50 per share.
(d) Payment terms: Cash.
(e) Amount paid up: Fully paid.
(f) Principal terms of the securities: The Restricted A Shares are restricted and are unable to be traded until reclassified as ordinary shares on the relevant “Qualification Date” (subject to the holder remaining employed with AWF and the repayment of any loans made by AWF to the holder in respect of the shares). Restricted A Shares rank pari passu with existing ordinary shares in respect of rights to dividends and other distributions and voting rights.
(g) Percentage of total class redeemed: 100% Restricted A Shares.
(h) Reason for redemption: The 18,000 Restricted A Shares having qualified for reclassification as ordinary shares, the holder has elected not to repay the company loans by 1 June 2017 and therefore those shares will not be reclassified. Accordingly, the Restricted A Shares are being redeemed by AWF under the rules of the Scheme and cancelled.
(i) Authority for redemption: Directors’ resolution dated 21 June 2017.
(j) Terms of redemption: The aggregate redemption price is to be applied by AWF in full repayment of the loan made by AWF to the holder in respect of the Restricted A Shares.
(k) Total number of securities of the class in existence after redemption: Nil Restricted A Shares.
(l) Shares to be held as treasury stock: No.
(m) Date of redemption: 21 June 2017.
Contact: David Lazarus, Company Secretary on +64 9 526 8775.

Director Nominations (Listing Rule 3.3.5)

Shereen Low — Wed, 14 Jun 2017 22:00:31 +0000

AWF Madison Group Limited advises that the closing date for nomination of directors, to be considered for appointment at the Company’s Annual Shareholder Meeting, to be held on Wednesday 26th July 2017, is 29 June 2017.
Nominations may only be made by a shareholder entitled to attend and vote at the Annual Meeting and should be addressed to:
The Company Secretary
AWF Madison Group Limited
PO Box 12 832
Penrose
Auckland 1642

Contact:
David Lazarus
Company Secretary
Phone: 09 526 8775

Notification of Reclassification of Securities

Shereen Low — Thu, 01 Jun 2017 00:16:07 +0000

AWF Madison Group Limited (“AWF”) hereby notifies that AWF has reclassified 46,800 Restricted A Shares as ordinary shares of AWF pursuant to the 2012 AWF Group Restricted Share Scheme.
The following information is supplied pursuant to Listing Rule 7.12.9:
a. Number of securities converted: 46,800 Restricted A Shares; and Number and class of securities into which they have been converted: 46,800 ordinary shares
b. Details of any interest or dividend conditions attaching to the securities converted, and allotted upon conversion: The ordinary shares rank equally with all existing ordinary shares and have the same rights to dividends
c. How many securities of the same class remain to be converted: 18,000 Restricted A Shares.
Contact: David Lazarus, Company Secretary 09 526 8775

AWF Madison Group Limited (NZX:AWF) – Changes to Finance Team

Simon Bennett — Thu, 25 May 2017 20:41:53 +0000

On 20 February 2017 AWF advised that certain changes to its finance team were underway.
These changes were:

that Nick Williams, the incumbent CFO, had signalled his intention to resign his position, effective 16 June 2017; and
that Jannine Mountford was appointed as CFO-designate, pending Nick Williams’ departure from the business.

AWF advises that Jannine Mountford has resigned and will not be commencing the CFO role. Nick Williams has agreed to delay the date of his departure, in order to facilitate the transition to a replacement CFO in due course.
Contact: CEO — Simon Bennett +64 21 0368 387
Chairman — Ross Keenan +64 21 685 655