30 Apr 2009 07:00
VITESSE MEDIA PLC
("Vitesse Media" or the "Company")
Change of Adviser; Resignation of Director
Vitesse Media Plc (AIM: VIS), the online, events and publishing group, announces that it has appointed Seymour Pierce Limited as Nomad and Broker to the Company with immediate effect.
The board also announces the resignation of Kym Kingwill, Finance Director. The board is very grateful for the work that Kym has carried out over the last two years in its acquisition strategy, but feels that in the current environment, the business should be focusing on organic growth. He leaves a strong finance team, able to control and monitor the business, and it is the board's intention to reappoint a finance director when the economic climate is more appropriate.
Enquiries:
Vitesse Media Plc Sara Williams +44 20 7250 4010Leslie Copeland
Seymour Pierce Ltd
Richard Feigen +44 207 107 8000
Nandita Sahgal
Note to Editors.
Award-winning, AIM-listed Vitesse Media Plc is a multi-platform media business boasting an array of market leading magazines, websites and events. Its focus is on the entrepreneurial sector, with an expert hub of information on AIM. Vitesse's websites include SmallBusiness.co.uk. GrowthBusiness.co.uk, Information-Age.com and MandAdeals.co.uk. Its magazine stable includes titles such as Business XL, Growth Company Investor, Information Age and What Investment. The high-profile Vitesse Events division produces the Quoted Company Awards, Investor All Stars, Rosenblatt New Energy Awards, Media Magnate Awards, Technology Forums and the Growth Company Investor Show. Every month Vitesse Media reaches a targeted audience of around one million people consisting of CEOs and entrepreneurs, their professional advisers, their investors, and their suppliers.