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17 Nov 2008 11:30
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Interactive Prospect Targeting Holdings Plc
("IPTH")
|
17Β NovemberΒ 2008 |
Management TransitionΒ in respect of DirectinetΒ SA ("Directinet")
Further to the press release onΒ 12Β November 2008,Β IPTHΒ (AIM:IPH) announces thatΒ its French subsidiary, Directinet, has finalised the process which is intended to result in the departure ofΒ theΒ fourthΒ remaining founder ("RemainingΒ Founder") after an orderly transition period.
Following an employment procedure under French law,Β thisΒ Remaining FounderΒ will work outΒ hisΒ notice period and will leave Directinet onΒ 4Β February 2009. DirectinetΒ willΒ make a payment toΒ thisΒ Remaining Founder in respect of the termination ofΒ hisΒ employment.
-Ends-
For further information:
|
IPTH |
|
|
Nicholas Ward, Executive Chairman |
Tel: +44 (0) 20 7932 4912 |
|
Canaccord Adams |
|
|
Mark Williams /Β Eli Colby, Corporate Finance |
Tel: +44 (0) 20 7050 6500 |
|
eli.colby@canaccordadams.com |
www.canaccordadams.com |
Media enquiries:
|
Abchurch |
|
|
Charlie JackΒ /Β Jack Ballantyne |
Tel: +44 (0) 20 7398 7714 |
|
jack.ballantyne@abchurch-group.com |
www.abchurch-group.com |
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