Last checked at 17 Jun 2010 16:20
17 June 2010
IQ Holdings plc
('IQ' or the 'Company')
AIM: IQH
Directorate Changes
IQ Holdings plc is pleased to announce the appointment of David Jeffrey Marks, aged 49, as non executive chairman with immediate effect.
David is replacing Tim Hearley who has stepped down to pursue his other business interests.
David's track record includes founding, floating and managing Legion Group plc (formerly SectorGuard plc), an AIM listed security business, building annual turnover in excess of £30m. He also established a Corporate Finance Boutique, completing 4 IPO's in first seven months of trading. He was also involved in raising in excess of £30 million for Millwall Holdings plc over a 6 year period, whilst running non-football subsidiaries and project managing the New Den stadium development.
David commented: "IQ is a shell at an interesting point in its development. I join at a fascinating time and am looking forward to making an immediate impact. On behalf of my fellow directors I'd like to thank Tim for his many years of service to IQ and to wish him the best of the luck for the future."
David Jeffrey Marks, aged 49, holds or has held the following directorships or partnerships within the past five years:
| Current directorships/partnerships | Previous directorships/partnerships |
| You Owe Us Money Limited | Legion Group plc |
| Diemme Limited | Sectorguard Alarms Limited |
|
| Asset Protection (EAS) Limited |
|
| Manguard Limited |
The Company confirms there is no other information that falls to be disclosed under Schedule 2 paragraph (g) of the AIM Rules.
For further information please contact:
IQ Holdings plc
David Marks - Tel: 07836 571 339
Nominated Adviser
Grant Thornton Corporate Finance - Gerry Beaney: 020 7383 5100