9 Nov 2010 12:43
Directex Realisations Plc
09 November 2010
Directex Realisations Plc
"DXR", "the Company" or "the Group")
(Formerly Interactive Prospect Targeting Holdings Plc ("IPTH"))
Directorate Change
Board Changes
Jonathan Lander informed the Company today of his intention to resign from the Board of the Company on 16 November 2010. He also offered, and the Board accepted, his resignation as Chairman of the Group effective immediately. Martin Kiersnowski, a director of the Company has today been appointed by the Board as Chairman of the Company.
Jonathan Lander said:
"Following the sale of my shareholding on 5 November I feel it is no longer appropriate for me to remain as a director and Chairman of the Company. I am satisfied that the work we have done over the last six months to improve the Group balance sheet is substantially complete and provides a better platform to rebuild the Company for the future."
Martin Kiersnowski, Chairman of the Company said:
"I wish to thank Jonathan for his contribution to the Company and wish him well for the future. I will update shareholders in due course on both any new appointments to the Board and on any proposed future strategy."
For further information:
Directex Realisations plc
Martin Kiersnowski Chairman
Tel: +44 (0)20 7634 9700
Libertas Capital Corporate Finance Limited
Sandy Jamieson
Tel: + 44 (0) 7569 9650