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Wellard está satisfaciendo la creciente demanda mundial de proteínas mediante el suministro de ganado de calidad a los consumidores de todo el mundo. Nuestro negocio principal es el suministro de ganado a Asia y Medio Oriente, que proporciona un vínculo importante entre los productores de ganado de calidad y los consumidores. Los cuatro barcos de ganado que forman nuestra flota de envíos altamente especializados están disponibles para charter. Estos buques de última generación brindan resultados óptimos de bienestar para los animales a bordo y un producto de calidad para nuestros clientes.

Wellard Chief Executive Officer change

junio 3, 2019

ASX Announcement

Wellard Limited (ASX:WLD) (Wellard or the Company) announces today that Mr. Mauro Balzarini has ceased the role of Chief Executive Officer.

Wellard has negotiated the removal of certain “key man” clauses and their consequences contained in its vessel finance agreement with Intesa Sanpaolo S.p.A.

Therefore the cessation of Mr. Balzarini’s employment as CEO no longer triggers an immediate prepayment event under the Intesa facility, and it does not constitute a cross default or breach under any of the Company’s other financing arrangements.

The terms of Mr. Balzarini’s departure from Wellard are currently being finalised. At present, Mr. Balzarini remains a non-executive director of the Company.

Wellard Chairman John Klepec will continue in the role of Executive Chairman.

For further information:

Investors
Executive Chairman, John Klepec
Phone: + 61 8 9432 2800

Media
FTI Consulting, Cameron Morse
Phone: + 61 8 9485 8888
Mobile: + 61 (0) 433 886 871

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