RNS Number : 0385I
  Interactive Prospect TargetingHdgs
  12 November 2008
   

    Interactive Prospect Targeting Holdings Plc
    ("IPTH")

   12 November 2008


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

    Further to the press release on 5 November 2008, IPTH (AIM:IPH) announces that its French subsidiary, Directinet, has finalised the
process which is intended to result in the departure of three of the four remaining founders ("Remaining Founders") after an orderly
transition period.
    Following an employment procedure under French law, these three Remaining Founders will work out their respective notice periods and
will leave Directinet on 4 February 2009.  Directinet will make a payment to these Remaining Founders in respect of the termination of their
employment.  
    The process with the fourth Remaining Founder continues.
    The Chairman of IPTH, Nicholas Ward, said "Martin Kiersnowski, as Chairman of Directinet, and John Lloyd, as interim Chief Executive
Officer, will be working together with the Remaining Founders to ensure a smooth operational handover and to enable Directinet to continue
to build on its recent successes".  
    -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
 
  END 
 
MSCFKBKPPBDDODD
Interactive Prospect Targeting (LSE:IPH)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Interactive Prospect Targeting Charts.
Interactive Prospect Targeting (LSE:IPH)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Interactive Prospect Targeting Charts.