ILX Group PLC AGM Statement (9150M)
September 24 2012 - 2:00AM
UK Regulatory
TIDMILX
RNS Number : 9150M
ILX Group PLC
24 September 2012
ILX GROUP PLC
("ILX" or "the Group")
AGM STATEMENT
ILX announces that at the Annual General Meeting held on Friday
21 September, all resolutions were passed.
Wayne Bos, the new Executive Chairman of ILX Group plc,
commented:
"Last year was a difficult year for ILX in terms of
profitability but revenue growth has continued and ILX has
maintained its market leading position.
ILX's digital learning solutions and technology platform
continue to be improved and provide a highly efficient and cost
effective solution. Demand for project and programme management
training remains high.
I have joined the Company because of the potential surrounding
the current ILX business. There is an excellent range of digital
learning solutions as well as a talented industry team. We expect
the business will continue to grow organically but we will be
looking to also expand through acquisition where it makes sense in
terms of value to shareholders."
24 September 2012
For further information, please contact:
ILX Group plc 020 7751 7100
Ken Scott, Chief Executive
FinnCap 020 7220 0500
Marc Young - Corporate Finance
Tom Jenkins - Corporate Broking
Lothbury Financial Services
Limited 020 7868 2010
Michael Padley / Chris Roberts
Editors' Note
ILX Group plc (www.ilxgroup.com) is a leading provider of Best
Practice learning products and services to the private and public
sectors. ILX offers a variety of accredited technology led courses
through a blend of traditional classroom, workshops & live
forums and digital learning. It has developed its own proprietary
software and is the market leader in PRINCE2. It trades through two
divisions:
1. UK Best Practice services primarily the UK marketplace,
including a number of multinational companies headquartered in the
UK
2. International was formed in late 2009 to service to overseas
markets, including Australia, New Zealand, Middle East, US and
across Europe.
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
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