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Re: Directinet Management Transition

17 Nov 2008 11:30

RNS Number : 2820I
Interactive Prospect TargetingHdgs
17 November 2008
 



Interactive Prospect Targeting Holdings Plc

("IPTH")

17 November 2008

Management Transition in respect of Directinet SA ("Directinet")

Further to the press release on 12 November 2008, IPTH (AIM:IPH) announces that its French subsidiary, Directinet, has finalised the process which is intended to result in the departure of the fourth remaining founder ("Remaining Founder") after an orderly transition period.

Following an employment procedure under French law, this Remaining Founder will work out his notice period and will leave Directinet on 4 February 2009. Directinet will make a payment to this Remaining Founder in respect of the termination of his employment.

-Ends-

For further information:

IPTH

Nicholas Ward, Executive Chairman

Tel: +44 (0) 20 7932 4912

Canaccord Adams

Mark Williams / Eli Colby, Corporate Finance

Tel: +44 (0) 20 7050 6500

eli.colby@canaccordadams.com

www.canaccordadams.com

Media enquiries:

Abchurch

Charlie Jack / Jack Ballantyne

Tel: +44 (0) 20 7398 7714

jack.ballantyne@abchurch-group.com

www.abchurch-group.com

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