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10 months ago
BRIEF-Orbital Corporation says Robert Wilson appointed CEO of Remsafe
October 13, 2016 / 6:46 AM / 10 months ago

BRIEF-Orbital Corporation says Robert Wilson appointed CEO of Remsafe

Oct 13 (Reuters) - Orbital Corporation Ltd

* Robert Wilson appointed chief executive officer of Remsafe

* Agreed to acquire residual 38.5% minority interest in Remsafe from Michael Lane

* Following the acquisition Michael Lane has retired as managing director and has been appointed chairman of Remsafe board

* Acquisition consideration for issue of up to 5 million ordinary shares in orbital at a deemed issue price of $0.86 per share Source text for Eikon: Further company coverage:

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