24 Oct 2012 07:00
ILX Group PLC
("ILX" or "the Company")
Board Restructuring
ILX Group plc (AiM: ILX), the AIM quoted leading provider of e-learning software and business training, announces that the following directors have agreed to step down from the Board: Jon Pickles, Eddie Kilkelly - both executive directors, and Damien Lane and Paul Virik - non-executive directors. Paul Lever, former Chairman, remains as non-executive, independent director.
Eddie Kilkelly will remain in his managerial role whilst the resignation of Jon Pickles was announced on 9th August 2012 and he will be leaving the business when his successor has been formally appointed.
Wayne Bos, executive chairman of ILX Group plc, commented:
"ILX is entering a different chapter in its development and the board changes reflect this. I look forward to continuing to review the current business and taking advantage of potential opportunities that come our way."
"I would like to thank Damien Lane and Paul Virik for their contributions on the board. Eddie Kilkelly will continue to concentrate on his executive responsibilities while Jon Pickles will remain in charge of finance until a replacement is engaged and a handover completed."
24 October 2012
For further information, please contact:
ILX Group plc 020 7751 7100
Ken Scott, Chief Executive
FinnCap 020 7220 0500
Marc Young - Corporate Finance
Tom Jenkins - Corporate Broking
Lothbury Financial Services Limited 020 3440 7620
Michael Padley / Chris Roberts
Editors' Note
ILX Group plc (www.ilxgroup.com) is a leading provider of Best Practice learning products and services to the private and public sectors. ILX offers a variety of accredited technology led course, including PRINCE2, ITIL and ISO2000 through a blend of traditional classroom, workshops & live forums and digital learning. It has developed its own proprietary software and is the market leader in PRINCE2.
ENDS