LBB.L Regulatory News (LBB)

RNS Number : 5171N

Ila Group Limited

14 June 2010

 

14 June 2010

 

 

Ila Group Limited

("Ila" or "the Company")

 

First Order in South Africa, and

 Appointment of Nick Christie as Director

 

 

Ila (AIM: ILA), is pleased to announce its first order with a major retailer in South Africa. The order is to supply the House of Busby ("Busby") with Ila's products, the Dusk and the Pebble, for a trial period across their major retail stores. Busby is a leading wholesale and retail fashion group in South Africa with 107 stores nationwide. Following a successful trial, Ila would expect this to lead to increasingly significant orders for these products as well as further products from Ila's growing range. ILA is also in talks with a number of other major retailers in South Africa.

 

Furthermore, the Board of Ila is pleased to announce the appointment of Nicholas Christie, aged 36, as a Director of the Company with immediate effect. Nick's previous role has been as the sales manager of Ila Security Limited, the operating subsidiary of the Company, where he has had overall responsibility for international sales, including direct and channel sales for Ila's expanding female security products.

 

Since joining Ila in October 2009, Nick has begun sales programmes in multiple territories globally, including the USA, Canada, Norway, Finland, South Africa, Australasia and others across Europe, both directly and through coordination with distributors and sales agents.

 

Nick had previously managed the UK office of Epsilon International, the Email Marketing Service Provider, winning deals with clients such as Tesco, Ogilvy Interactive, John Lewis andeasyJet. Nick has also worked at DoubleClick International (now part of Google), CACI Information Solutions and Michael Page plc.

 

Simon McGivern, Chief Executive Officer of Ila, said: "Nick has already made a tremendous contribution to Ila since joining - the Busby deal being just a small indication of this - and his elevation to the Board is a reflection of his future value to the Company.

 

As Ila expands both its product range and international sales base, I am confident Nick will continue be a huge asset and I look forward to working with him as Ila continues to grow ."

 

 

For further information please contact:

 

Ila Group Limited Simon McGivern, Chief Executive Paul Gazzard, Director	020 7501 1050
Arbuthnot Securities Limited Antonio Bossi Ed Groome	020 7012 2000

 

 

Additional Information

Mr Christie does not hold any shares in the Company and has options over 11,942,625 ordinary shares, which were granted on 4 March 2010. Mr Christie is not currently, and has not been at any time in the previous five years, a director or partner of any other company or partnership. There is no other information in relation to Mr Christie required to be disclosed pursuant to Rule 17 and Schedule 2 (g) of the AIM Rules for Companies.

 

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