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Sector Reclassification

17 Jun 2011 07:00

RNS Number : 6062I
ILX Group PLC
17 June 2011
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ILX Group PLC

("ILX" or the "Group")

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SECTOR RECLASSIFICATION

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ILX Group plc (AiM: ILX), the AIM quoted provider of e-learning software and consulting services, is pleased to announce that the Company has been reclassified as a software company classification 9537, "Software", within the Industry Classification Benchmark categories of the London Stock Exchange, as this subsector description best suits the company's activities.

The reclassification will take effect from Monday 20th June 2011.

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Ken Scott, Chief Executive, ILX Group commented:

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"The change of sector better reflects the focus of the business which now offers scalability and significant growth potential."

17Β June 2011

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For further information, please contact:

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ILX Group plc

020 7751 7100

Ken Scott, Chief Executive

FinnCap

020 7600 1658

Marc Young, Charlotte Stranner - Corporate Finance

Tom Jenkins, Joanna Weaving - Corporate Broking

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Lothbury Financial Services Limited

020 7868 2010

Michael Padley / Chris Roberts

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Editors' Note

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ILX Group plc (www.ilxgroup.com) is a leading provider of vocational training to the private and public sectors, offering a variety of accredited courses, delivered through e-learning. It has developed its own proprietary software and is the market leader in PRINCE2. It trades through two divisions:

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1. Best Practice provides e-learning, instructor-led training and implementation consultancy principally to the programme and project management, IT service management and business finance markets.

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2. International was formed in late 2009 and provides e-learning and implementation consultancy in overseas markets. Offices have been established in Australia, Dubai, Denmark, The Netherlands, and USA.

ENDS

This information is provided by RNS
The company news service from the London Stock Exchange
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