22 Jan 2009 07:00
22 January 2009 Amteus plc ("Amteus" or "the Company") BOARD CHANGES
Amteus, the digital educational networking and media business, is pleased to announce that, in line with its strategy to develop a global media business, a new management team has been appointed to lead the Company.
Leonard ("Len") Milton Sanderson, aged 55, joins the Board as a director and Chief Executive Officer of Amteus with immediate effect. Len was managing director of sales and a main board director of Telegraph plc from 1987 to 2003. Prior to this, he was deputy advertising director of the Guardian newspaper.
Richard Addis, aged 52, also joins the Board as a director with immediate effect. Richard has been appointed as editor in chief and director of website content. Richard also has considerable experience in the media sector. He was assistant editor of the Financial Times, in charge of design and graphics and editor of the Saturday edition.
Jeffrey Morris, the founder and major shareholder of Amteus, having established the future direction of the company and helped to identify and appoint the new management team, is stepping down from the Board with effect from today to enable the new team to take the business forward. His creative ability will continue to be available to Amteus on a consultancy basis as required. We thank him for his dedication to and considerable investment in the Company over the past four years.
Michael Abrahams, Chairman of Amteus, said: "These are very exciting strategic appointments to the Board and management of this business. Both Len and Richard have highly relevant experience and contacts in the media sector and should enable Amteus to achieve rapid growth both in the UK and overseas."
Under Schedule 2, paragraph (g) of the AIM Rules, the following information is disclosed:
Mr Sanderson and Mr Addis hold or have held the following directorships within the five years prior to the date of this announcement:
Current Past Directorships Directorships Leonard Milton Sanderson Help The Aged Streetbroadcast Limited The Day Limited Made Up Media Limited Richard Addis Merlin Maths Limited OHMYLONDON Limited
Neither Mr Addis nor Mr Sanderson hold shares in the Company.
Mr Addis and Mr Sanderson have confirmed that there are no other matters to be disclosed in relation to Schedule 2(g) of the AIM Rules.
Enquiries:Amteus plc Tel: 01653 618016Michael Abrahams (Chairman) John East & Partners Limited Tel: 020 7628 2200John East/Simon Clements Rawlings Financial PR Ltd Tel: 01653 618016Catriona Valentine
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