JWI
02/12/2014 09:38
OFFICE
PRICE SENSITIVE
REL: 0938 HRS Just Water International Limited
OFFICE: JWI: Notification of Resignation of CEO
The Just Water International Limited (NZAX:JWI) board regrets to advise the
resignation of CEO, Ian Ormiston.
Harvard JV's stated plan to delist JWI from the stock exchange and continued
focus on cost reduction means that the remit for the CEO role has
significantly changed from the time of Ian's appointment in 2013.
The board wishes to thank Ian for his contribution to JWI and acknowledge
Ian's commitment through what has been a challenging operating environment.
The board also acknowledges the positive changes he has made during his time
with JWI.
In view of the need for on-going cost reduction recently signalled by the
board, it has decided to take the opportunity to combine the role of CEO and
the role of Founder Director filled by Tony Falkenstein. Accordingly the
board has appointed Mr Falkenstein as Managing Director, effective 8 December
2014.
Paul Connell
Chairman
Just Water International Limited
End CA:00258390 For:JWI Type:OFFICE Time:2014-12-02 09:38:36
