23 Mar 2012 12:45
ILX Group PLC
("ILX" or "the Company")
Appointment of Director
ILX Group plc (AiM: ILX), the AIM quoted provider of e-learning software and business training, announces the appointment of Damien John Patrick Lane, aged 43, of Octopus Ventures, as a non-executive director. He is a highly experienced Venture Capital and Private Equity professional with over 16 years' experience in the industry. He replaces Chris Allner, who has resigned from the board, having left Octopus Ventures.
Mr Lane currently holds the following directorships/partnerships:
Cognetas Investments LLP
Frankis Solutions Limited
KeTech Group Ltd
LEEC Holdings Limited
Project Tristar Limited
SO Events Group Limited
T4 Holdings Limited
Sparring Partners Limited
During the past 5 years, Mr Lane has also held directorships or partnerships at the following companies: Cognetas LLP, Kaleidoscope Travel Group Limited, NI Holdings I Limited and NI Holdings II Limited. Mr Lane was also a director at NI Holdings III Limited which entered administration on 25 June 2009, six months after he resigned from the company. KeTech Group Limited, a company of which Mr Lane is currently a director, is at present operating under a CVA, entered into on 10 August 2010.
There are no other matters required to be reported pursuant to Schedule Two (g) of the AIM rules.
Paul Lever, Chairman, ILX Group plc commented:
"We welcome Damien to the board and look forward to his input as the company continues its international expansion. We would also like to sincerely thank Chris for the contribution he has made to ILX over the past 16 months."
ILX Group plc 020 7751 7100
Ken Scott, Chief Executive
FinnCap 020 7600 1658
Marc Young/ Charlotte Stranner
Lothbury Financial Services Limited 020 7868 2010
Michael Padley / Chris Roberts